Athanas Matheka Started Honey Business with KSh 15k after Quitting Employment, He Now Runs an Empire

Athanas Matheka Started Honey Business with KSh 15k after Quitting Employment, He Now Runs an Empire

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 […]

Brewers seek 2 more drinking hours as Covid infections fall

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 […]

EABL Sh11bn bond oversubscribed three times

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 […]

Top 50 Women in Corporate Africa Revealed after Data-Driven Research

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 […]