KMRC to float Sh10.5bn bond to lower mortgage rate

KMRC to float Sh10.5bn bond to lower mortgage rate

National Housing Cooperation houses in Kilimani, Nairobi /JACK OWUOR Kenya Mortgage Refinance Company (KMRC) can now float Sh10.5 billion Medium-Term Note after clearance by the Capital Markets Authority’s (CMA). The state-owned mortgage financier plans to issue the private bond in several tranches, starting with one for Sh1.4 billion which will be disbursed to participating primary […]

The Importance of the Role of Marketing in an Organisation as told by Graham Villiers-Tuthill

The Importance of the Role of Marketing in an Organisation as told by Graham Villiers-Tuthill

Graham Villiers-Tuthillis the Marketing & Innovations Director for East African Breweries Limited, part of Diageo PLC. He is also a Non-Executive Board member of Serengeti Breweries Limited. Tuthill started at Diageo straight from campus and has been there for 15 years. He’s been based in Nairobi since 2018. Asa globally experienced business leader, he shared […]

EABL Sh11bn bond scoops award at the Bonds & Loans Africa Awards

EABL Sh11bn bond scoops award at the Bonds & Loans Africa Awards

NAIROBI, Kenya Feb 4-The East African Breweries Limited(EABL) Sh11 billion bond has scooped the local currency Corporate Bond Deal of the year award at the 2022 edition of the Bonds & Loans Africa Awards. According to the award organizers, the award follows a rigorous selection process and seeks to recognize the most innovative and ground-breaking […]

Diageo’s Kenya Unit Tops Up Spirits Stock to Guarantee Supply

Diageo’s Kenya Unit Tops Up Spirits Stock to Guarantee Supply

East African Breweries Plc has ramped up imports of spirits to avoid any stock-outs amid global supply-chain hangovers, according to Group Chief Financial Officer Risper Genga Ohaga. The Diageo Plc unit boosted inventory by 800 million shillings ($7.03 million) in the first half, fearing the December festivities would catch it without enough alcohol for revelers […]