Athanas Matheka had always wanted to venture into entrepreneurship from a young age; he was inspired by the East African Breweries’ success story Matheka would later quit employment to pursue that dream; he and his wife started the Greenforest Foods in their tiny kitchen in Umoja Estate, Nairobi Production for Greenforest’s products has since moved […]
Tag: XUGA_EABL
Brewers seek 2 more drinking hours as Covid infections fall
Alcohol manufacturers have petitioned the State to increase bar operating period by two hours in the wake of falling Covid-19 infection rates. Alcoholic Beverages Association of Kenya (Abak)—manufacturers lobby—wants the State to have bars opened until 9 pm from the current closing time of 7pm to protect jobs. The lobby’s petition comes at a time […]
The top 50 women in corporate Africa
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]
Kenyan women in boards exceed global average – report
Women in corporate boards in Kenya have exceeded the global average as the country inches towards gender inclusivity, a new report shows. According to the 2021 Board Diversity and Inclusion report, women in corporate boards in Kenya stand at 36 per cent compared to a 23 per cent global average. The report also noted that […]
EABL Sh11bn bond oversubscribed three times
East African Breweries Limited (EABL) said yesterday its Sh11 billion bond was oversubscribed by more than three times signalling renewed investor confidence in the previously troubled local bond market. Investors bid a total of Sh37.9 billion in the issuing round, EABL said, representing an oversubscription of 275 percent. “We issued this medium-term note based on […]
The top 50 women in corporate Africa
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]
NSE to diversify listings to boost Kenya’s financial index
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ Kenya will diversify its market products and increase the number of listings to boost its financial index score, NSE chief executive Geoffrey Odundo has said. This follows the country’s drop in an index that measures the capacity of countries to attract investors in […]
Top 50 Women in Corporate Africa Revealed after Data-Driven Research
In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]
Kenyan women in boards exceed global average – report
Women in corporate boards in Kenya have exceeded the global average as the country inches towards gender inclusivity, a new report shows. According to the 2021 Board Diversity and Inclusion report, women in corporate boards in Kenya stand at 36 per cent compared to a 23 per cent global average. The report also noted that […]
Share trading at DSE more than doubled thanks to local investors
According to Orbit Securities’ weekly market report for a period ending October 8, 2021, a total of 3,589,772 shares were traded on the bourse during the course of the week as compared to 686,039 shares traded in the previous week. “CRDB was this week’s top mover, accounting for 54.856 percent of the turnover,” the report […]