Space Lounge, Ngong Road. [Photo/barskenya.com] New data from the 2021 Economic Survey shows excise revenue levied on beer, wines and spirits fell to Ksh.34.8 billion from Ksh.41.4 billion in 2019. Excise taxes raised from beer were hit severely having fallen from Ksh.27.8 billion to Ksh.19.1 billion. The significant dip in excise duty from beer is […]
The Ministry of Tourism has mobilized Ksh.10 million for the upcoming elephant naming festival dubbed the Magical Kenya Tembo naming festival. The contributions include Ksh.3 million from the East African Breweries Limited (EABL), the Elephant Cooperation, Twiga Tours and the Animal Adoption Advocacy LLC. The funds will be channeled towards the conservation of elephants while […]
Kenya Breweries Limited managing director John Musunga said the company plans to generate its power before 2030 in an ambitious proposal worth KSh 22 billion The MD revealed the brewer had partly switched to using solar energy in its new Kisumu plant Kenya Power has been alarmed by the reduction of power consumption among its […]
From Left – Simon Njoroge – BAHLITA Chairman, EABL Commercial Director Joel Kamau, Michael Kiragu – PERAK National Chairman and Boniface Gachoka – BAHLITA Secretary General Nairobi, Kenya, Sept 17 – Kenya Breweries Limited (KBL) Thursday kicked off the second phase of a program that seeks to revive the hospitality sector through the provision of […]
Kenya Breweries Limited through its brand Tusker has today kicked-off the second phase of the Raising the Bar recovery program targeting 850 bars and eateries across the country by the end of November 2021. The outlets will be provided with Covid safety equipment, merchandise, training and other incentives as they seek to create a safe […]
East Africa Breweries Limited #ticker:EABL (EABL) plans to stop using Kenya Power electricity to drive its Kenyan factories, intensifying the shift by firms to generate their own power from solar. KBL managing director John Musunga said the brewer is targeting delinking from Kenya Power ahead of 2030 under a Sh22 billion plan. The brewer’s investments […]
Nairobi Securities Exchange trading floor. PHOTO | NMG Investors on the Nairobi Securities Exchange (NSE) Wednesday lost about Sh54 billion in paper wealth, the biggest single-day decline in four months, hit by a slump in the share price of market driver Safaricom . Data showed that the NSE’s market capitalisation fell by Sh53.8 billion to […]
Kenya Breweries Limited (KBL) has launched a new brand of gin, the Gilbey’s Mixed Berries. The new drink is a delicious blend of gin and mixed berries to cater to grow its market share. Speaking at the launch, Victoria Mbugua, the Innovations Manager at KBL stated that the brand aims to address demand from consumers […]
• The second phase follows a successful phase one that saw the onboarding and retrofitting of 169 outlets around the Nairobi Metropolitan area with Covid-19 safety elements and equipment. • The Sh220 million program will target 850 bars and eateries across the country by the end of November 2021. EABL Commercial Director Joel Kamau (c) […]
An electronic board displaying market data. The investor relations department’s role revolves around how a company communicates with investors, shareholders, government authorities, and the financial community. PHOTO | FILE | NMG Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that […]
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