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 only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]
Nairobi — Kenya Breweries Limited (KBL) Thursday kicked off the second phase of a program that seeks to revive the hospitality sector through the provision of Covid-19 safety equipment, merchandise, and training. The initiative dubbed the Raising the Bar recovery program seeks to benefit nearly 850 bars and eateries across the country by end of […]
From Left – Simon Njoroge – BAHLITA Chairman, EABL Commercial Director Joel Kamau, Michael Kiragu – PERAK National Chairman and Boniface Gachoka – BAHLITA Secretary General. Kenya Breweries Limited through its brand Tusker has on Thursday kicked-off the second phase of the Raising the Bar recovery programme. The programme is targeting 850 bars and eateries […]
SBL Managing Director, Mark Ocitti said in Dar es Salaam last week during the launch of East African Breweries Limited’s 2020 Community Support Program report that the brewer has already invested billions of shillings in community projects including water supply, training of extension officers, road safety sensitization and boosting of cereals farmers who grow raw […]
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 […]
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 […]
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 […]
A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG Foreign investors at the Nairobi Securities Exchange (NSE) recorded net inflows of Sh242.3 million last week, reversing the previous week’s net outflows of Sh208.5 million as they bulked up on Safaricom and large banks’ shares. Their buying activity, combined with higher participation […]
Foreign investors in August turned net buyers for the first time since January at the Nairobi Securities Exchange (NSE), indicating increased confidence in blue chips such as Safaricom and selected tier one banking stocks that have reported higher profits. NSE data shows that net foreign inflows stood at Sh1.72 billion in the month, the first […]
A sorghum farm. FILE PHOTO | NMG Sorghum farmers in Makueni County are returning to contract farming with brewers after getting a new seed variety that is less prone to destruction caused by birds, which had driven them abandoning the crop. Brewers normally prefer Gadam variety for processing of Keg, however, this variety targeted by […]
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