East African Breweries is cautiously optimistic about the prospects for its second half, its chief executive said, adding the threat posed by the COVID-19 pandemic was not over. The firm, which is controlled by Britain’s Diageo, posted a 23% jump in sales during its first half to the end of December, as Kenya and Uganda […]
Tag: XUGA_EABL
Kenya: EABL Reaps Big as Digital Sales Trigger Drinking Spree
Nairobi — The digital shift brought about by the COVID-19 pandemic has continued to drive alcohol sales for EABL, playing a major role in the firm’s earnings in the first half of the year. The stay at home directives and curfews put in place at the onset of the pandemic to curb the spread of […]
Pension returns up 5pc on stocks gains
Zamara Group Group Chief Executive Officer Sundeep Raichura speaks at Panafric Hotel in Nairobi on October 18, 2018, during the Kenya Pension Fund Investment Consortium. PHOTO | SALATON NJAU | NMG Pension fund returns rose by five percentage points in 2021 on improved performance of equities and offshore investments, signalling higher interest earnings for savers. […]
Foreign investor share sales drop in January
Nairobi Securities Exchange (NSE) on the trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG Foreign investors at the Nairobi Securities Exchange (NSE) slowed down their selling activity in January compared to the previous four months which were characterised by profit-taking on blue chip stocks. NSE […]
Pension returns up 5pc on stocks gains
Zamara Group Group Chief Executive Officer Sundeep Raichura speaks at Panafric Hotel in Nairobi on October 18, 2018, during the Kenya Pension Fund Investment Consortium. PHOTO | SALATON NJAU | NMG Pension fund returns rose by five percentage points in 2021 on improved performance of equities and offshore investments, signalling higher interest earnings for savers. […]
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
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 […]
Awuor’s splendid swings make the difference at Royal Golf Club
Ashley Awuor tees off on the 14th hole at Royal Nairobi Golf Club during Kenya Ladies Golf Union Chairman (Sarah Hoare) Prize 2022, January 29, 2022. With a sterling score of 73 gross points, Ashley Awuor claimed the Kenya Ladies Golf Union (KLGU) Chairman (Sarah Hoare) prize at Royal Nairobi Golf Club, over the weekend. […]
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
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 […]