BUSINESS

Treasury’s Proposal Will Cost You Extra Coins On A Bottle Of Beer

You will have to dig a little bit deeper into your pocket for a bottle of beer if corporate tax rises from 30 percent to 35 percent for firms with…

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BUSINESS

EABL Expansion drive raises company’s debt to Ksh 30bn

EABL has signaled that it could sell more of its idle assets to fund its capital-intensive investments. The company has in the past six years sold off several idle properties…

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BUSINESS

EABL secures a Ksh12.5 billion loan for Kisumu Keg plant

The EABL is set to create 100,000 direct and indirect employment opportunities and double the demand for sorghum to 40,000 tonnes in the next 3-5 years. This is after the…

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BUSINESS

EABL Relaunches Red Dot promotion.

East African Breweries Limited (EABL) has unveiled an off-trade consumer promotion aimed at rewarding consumers of all Beer, Ready-To-Drink and Spirits brands. The promotion which will last for eight weeks,…

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treasury bills BANKING

Treasury Bills now on the 5th week of under-subscription

Preference in the fixed income market for the past week was skewed towards short-term paper. The overall subscription came in at 76.6%, compared to 82.5% recorded the previous week. The…

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BUSINESS

NSE: Safaricom evaluated at more than the next nine companies merged

Valued at 719 billion, Safaricom’s market evaluation is 9 times worth more than the next 9 companies combined.  KenGen, EABL , BAT Kenya, Barclays Bank, Standard Chartered, Bamburi Cement, KCB,…

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