East African Breweries Blames Rising Tax for Slow Growth in Half-Year Earnings
East African Breweries (EABL) has reported Kshs 57.3 billion ($532 million) in net sales for the half year ending December 31st, 2022, representing a 4% growth compared to the same [...]
Eveready EA Plc Cuts Full-Year Net Loss to KES 12 Million
Eveready, EA Plc cut its net losses to KES 12 million in the financial year that ended 30 September 2022, compared to a net loss of KES 39 million posted [...]
EAC Launch Verification Mission to Admit Somalia into Regional Bloc
The East African Community (EAC) officially launched the verification mission to assess the readiness of the Federal Republic of Somalia to join the regional bloc on Wednesday. Senior officials from [...]IMF Managing Director in Kigali to Talk Through Climate Change Financing for EA
The International Monetary Fund's (IMF) Managing Director, Kristalina Georgieva, will join a roundtable discussion on Wednesday about climate change financing with East African finance ministers and governors of central banks [...]East African Community Trade Hits $10 Billion; Plans for Single Currency Underway
Intra-regional trade within the East African Community (EAC) is on an upward trajectory, standing at $10.17 billion in September 2022. The intra-EAC trade, accounting for imports and exports in the [...]
