Alcoholic beverages manufacturer East African Breweries Limited (EABL) has issued new medium term notes (MTN) from which it seeks to raise Ksh.11 billion in new debt. The notes to be listed at the Nairobi Securities Exchange (NSE) have a tenure of five years with a fixed yield of 12.25 per cent per year to be […]
Absa Bank Kenya #ticker:ABSA has lent East African Breweries Limited #ticker:EABL (EABL) a total of Sh18.8 billion, breaching the limits placed on lending to a single borrower. The bank had a core capital of Sh46.3 billion as of June, meaning that it should not have lent more than Sh11.5 billion to one entity. The brewer […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The wealth of Nairobi Securities Exchange (NSE) investors fell by Ksh.62 billion last month on lower stock valuations in the period. The drop is represented by the contraction of the NSE market capitalization from Ksh.2.841 trillion to Ksh.2.779 trillion. The slide in stocks […]
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ Investors at the Nairobi Securities Exchange (NSE) last month lost almost over Sh60 billion in paper wealth as the Evergrande Group’s crisis hit home. Data from the Nairobi bourse shows market capitalisation dropped to Sh2.78 trillion from Sh2.84 trillion the previous month. Evergrande […]
Monthly bonds turnover on the Nairobi Securities Exchange (NSE) hit an all-time high of Sh118.1 billion in September on the back of a liquid market and demand for infrastructure bonds, while equities remained subdued as blue-chip share prices retreated. The previous high in bonds turnover for a single month was the Sh106.9 billion that was […]
EABL Presents sponsorship cheque to MSK The Marketing Society of Kenya (MSK) has announced a partnership with the East African Breweries Limited (EABL) that will see the launch of a podcast talk show that they say will bring leaders from different sectors to share visions and insights on different business topics. The society says the […]
Capital FM Kenya has entered into a partnership with Diageo-owned East African Breweries Limited and Marketing Society of Kenya (MSK) to launch a marketing-driven podcast/ CFM NAIROBI, Kenya, Sept 29 – Capital FM Kenya has entered into a partnership with Diageo-owned East African Breweries Limited (EABL) and Marketing Society of Kenya (MSK) to launch marketing-driven […]
NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/ Investors at the Nairobi Securities Exchange (NSE) last month lost almost over Sh60 billion in paper wealth as the Evergrande Group’s crisis hit home. Data from the Nairobi bourse shows market capitalisation dropped to Sh2.78 trillion from Sh2.84 trillion the previous month. Evergrande […]
A display of listed equities at the NSE. PHOTO | CITIZEN DIGITAL The wealth of Nairobi Securities Exchange (NSE) investors fell by Ksh.62 billion last month on lower stock valuations in the period. The drop is represented by the contraction of the NSE market capitalization from Ksh.2.841 trillion to Ksh.2.779 trillion. The slide in stocks […]
Production at the East African Breweries Limited plant in Nairobi/FILE Kenya Revenue Authority is confident that it will manage its Sh1.8 trillion collection target for the financial year 2021-2020 on effective technology. Speaking at the launch of this year’s Taxpayers’ Month, KRA chairman Francis Muthaura said the agency has in past years modernised its surveillance […]
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