East African Breweries Limited Managing Director Jane Karuku. PHOTO | JEFF ANGOTE | NATION MEDIA GROUP The brewer attributed the 23 percent growth to investment behind brands and innovation in the route to market in response to consumer behaviour shifts. EABL has also reported a 51 percent increase in physical asset acquisition in support of […]
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Kenya sales pushes EABL half year profit to $76m
East African Breweries Limited Managing Director Jane Karuku. PHOTO | JEFF ANGOTE | NATION MEDIA GROUP The brewer attributed the 23 percent growth to investment behind brands and innovation in the route to market in response to consumer behaviour shifts. EABL has also reported a 51 percent increase in physical asset acquisition in support of […]
Nairobi News voted among most reliable English websites in Kenya
Nairobi News website. PHOTO: Wangu Kanuri Nairobi News is among the most reliable English websites in Kenya. A poll conducted by Reuters Institute for the study of Journalism shows that the entertainment website owned by the Nation Media Group (NMG) is ranked seventh overall and accessed by 27 percent of available readers who log in […]
Debt servicing, weak shilling cut Kenya’s net foreign assets by $763m
A trader at Muthurwa market in Kenya’s capital Nairobi counting money after the day’s sales. The local currency has depreciated to trade at 113 units to the dollar from 100 units to the greenback in February 2020 – a month before the country registered its first case of coronavirus. PHOTO | FILE | NATION MEDIA […]
NSE kicks off year with gain on jump in traded turnover
The Nairobi Securities Exchange (NSE) opened the year on the up in Monday’s trading, largely buoyed by a gain in the Safaricom #ticker:SCOM stock. The telco, which accounted for 57 percent traded turnover at the market Monday, saw its price rise by Sh0.20 to Sh38.15 on the back of high demand by foreign investors. Other […]
NSE kicks off year with gain on jump in traded turnover
The Nairobi Securities Exchange (NSE) opened the year on the up in Monday’s trading, largely buoyed by a gain in the Safaricom #ticker:SCOM stock. The telco, which accounted for 57 percent traded turnover at the market Monday, saw its price rise by Sh0.20 to Sh38.15 on the back of high demand by foreign investors. Other […]
Switch TV Ceases On-Air Broadcast
A promotional poster of Switch TV’s new presenter lineup. Switch TV is making a radical change in its business model that will see it transition from on-air to digital broadcast. The media house stated that it will be ceasing on-air broadcast operations. In a statement dated Friday, December 10, the media group Chairman, Sahil Shah, […]
Switch TV Ceases On-Air Broadcast
A promotional poster of Switch TV’s new presenter lineup. Switch TV is making a radical change in its business model that will see it transition from on-air to digital broadcast. The media house stated that it will be ceasing on-air broadcast operations. In a statement dated Friday, December 10, the media group Chairman, Sahil Shah, […]
Top 40 Under 40 Women’s big day in city
Nation Media Group #ticker:NMG held a glamourous brunch on Saturday to celebrate Top 40 Under 40 Women finalists. Now in its 13th year, the Top 40 Under 40 project honours outstanding women in different spheres of the economy from sports, creatives, medicine, law, to social entrepreneurship. The 40 awardees shared the joys, concerns, and anxieties […]
Flowers Rot in Farms Over Standoff With Kenya Airways
A government policy that favours struggling national carrier Kenya Airways (KQ) against its cheaper competitors to transport fresh produce to other countries continues to hurt other exporters. They have complained about the lack of capacity on KQ to ferry their produce and the airline’s expensive airfreight charges. They now fear they could be forced in […]