Workers are facing their most painful squeeze in over a decade after a day in which the cost of living crisis escalated and employers warned of a longer freeze in pay increases. Employers say real wages, adjusted for inflation, will take longer to recover from the pandemic-induced economic contraction in 2020. This means that disposable […]
Tag: XUGA_EABL
10 Kenyan companies with female CEOs
Kenyan female CEOs: Dr Jennifer Riria, Rebecca Miano, Kendi Ntwiga and Nasim Devji. Here’s a list of 10 Kenyan companies led by female CEOs in 2022. Leading the pack is the 1946-founded Kenyan bank, DTB Kenya. The bank’s current CEO is Nasim Devji. Devji serves as a Managing Director and the Group CEO at the […]
Stock market drops Sh51bn in three weeks
Investors on the Nairobi Securities Exchange (NSE) #ticker:NSE have seen their paper wealth decline by Sh51 billion since the start of this month as foreign investors continued to flee the market. The market capitalisation opened at Sh2.43 trillion in April and had dropped to Sh2.37 trillion as of Tuesday. Russia’s invasion of Ukraine, profit-taking and […]
EABL to raise beer price if tax passed
Beer production line at the EABL plant in Ruaraka, Nairobi on October 9, 2019. PHOTO | JEFF ANGOTE | NMG East African Breweries Limited (EABL) says it will increase the prices of its alcoholic products including beers and spirits if the Treasury implements a proposal to raise excise taxes on the products. EABL managing director […]
Pension funds major buyers of EABL bond that raised Sh11 billion
Pension funds were among the major buyers of the corporate bond issued by East African Breweries Plc (EABL) #ticker:EABL in October last year, a move that more than doubled their investment in debt sold by private companies to Sh6.8 billion. Before the brewer raised the funds, the corporate bond market had shrunk considerably on the […]
Pension funds major buyers of EABL bond that raised Sh11 billion
Pension funds were among the major buyers of the corporate bond issued by East African Breweries Plc (EABL) #ticker:EABL in October last year, a move that more than doubled their investment in debt sold by private companies to Sh6.8 billion. Before the brewer raised the funds, the corporate bond market had shrunk considerably on the […]
East African Breweries: Dividend Payments Date 2023
East African Breweries shareholders to receive a Dividend Payment of KES 3.75 per share on or around 27th April 2022. This applies only for shareholders that are in the Company’s Register of Members on 28th February 2022.Dividend AmountKES 3.75Dividend TypeCash DividendEx-Dividend / Book Closure28th February 2022Payment Date27th April 2022
East African Breweries: Book Closure 2023
East African Breweries shareholders to receive a Dividend Payment of KES 3.75 per share on or around 27th April 2022. This applies only for shareholders that are in the Company’s Register of Members on 28th February 2022.Dividend AmountKES 3.75Dividend TypeCash DividendEx-Dividend / Book Closure28th February 2022Payment Date27th April 2022
How local firms are faring in eco-trade
It is inherent for human beings to go after more conquests after winning some battles. Sometimes we do this at the expense of celebrating what we have accomplished over time. One such area is sustainability. Over the last years, Kenyan businesses have made tremendous achievements in continuity through bold investments and even bolder decisions. While […]
Uganda Spirits Market 2022-27 Size, Share, Industry Analysis, Report, Trends, Growth, Revenue, Top Key Players-IMARC Group
According to the latest report by IMARC Group, titled “ Uganda Spirits Market Growth, Size, Share, Industry Trends, Opportunity and Forecast 2022-2027 “, Uganda spirits market reached a value of US$ 1.62 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.28 Billion by 2027, growing at a […]