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    Coca-Cola HBC to Acquire Africa's Largest Coca-Cola Bottler at US$ 3.4bn Valuation

    Coca-Cola HBC to Acquire Africa's Largest Coca-Cola Bottler at US$ 3.4bn Valuation

    Coca-Cola will sell 41.52% out of its 66.52% stake in CCBA to Coca-Cola HBC, and Coca-Cola HBC is acquiring 33.48% of CCBA that is held by GFI
    Fred
    Fred Obura
    2 days ago
    Dutch Feed Maker De Heus Kenya Invests KSh 3bn in Athi River Plant

    Dutch Feed Maker De Heus Kenya Invests KSh 3bn in Athi River Plant

    De Heus Kenya, a Dutch animal feed company, will commission a KSh 3 billion animal feed manufacturing plant in Athi River later this month
    Brian
    Brian Nzomo
    3 days ago
    EABL's Interim Dividend Jumps 167% as Brewer Posts 38% Rise in Profit

    EABL's Interim Dividend Jumps 167% as Brewer Posts 38% Rise in Profit

    East African Breweries reported a 38% rise in interim profit for the six months to December 2025 as revenue climbed 11% to a record 75.5 Bn. Volume grew 8%, expenses stayed flat, and lower finance costs lifted margins. Cash strengthened to 17.7 Bn, total debt fell to 37 Bn, and leverage improved to 0.5x EBITDA. The board declared an interim dividend of 4.00 per share, up 167% year on year, even as management flagged weak consumer spending and rising illicit alcohol penetration.
    Harry
    Harry Njuguna
    14 days ago
    Dar Tycoon Bets US$200mn in Portland Cement's Modernization

    Dar Tycoon Bets US$200mn in Portland Cement's Modernization

    The East African Portland Cement (EAPC) is undertaking a US$200 million expansion aimed at sharply increasing output and reasserting its relevance.
    Brian
    Brian Nzomo
    17 days ago
    Bamburi Cement's Former Owner LafargeHolcim EA Moves Closer to Liquidation

    Bamburi Cement's Former Owner LafargeHolcim EA Moves Closer to Liquidation

    LafargeHolcim East Africa Limited is set to hold its final members’ meeting later this month as the company moves to formally conclude its voluntary liquidation
    Fred
    Fred Obura
    25 days ago
    Italian Packaging Firm Guala Closures to Acquire Metal Crowns Kenya

    Italian Packaging Firm Guala Closures to Acquire Metal Crowns Kenya

    The COMESA Competition Commission has opened a formal inquiry into Guala Closures S.P.A.’s proposed acquisition of 100% of Metal Crowns Limited (Kenya). The review will assess whether the transaction could substantially lessen competition or raise public interest concerns within the COMESA Common Market, where the two firms have limited overlaps in metal crown sales.
    Chelsy
    Chelsy Maina
    a month ago
    EABL's CFO Risper Ohaga’s Exits After Six Years at the Helm

    EABL's CFO Risper Ohaga’s Exits After Six Years at the Helm

    East African Breweries Plc has announced the resignation of its Chief Financial Officer and Executive Director, Risper Ohaga
    Harry
    Harry Njuguna
    a month ago
    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Leasing Plan Looms for New KCC after KSh 6 billion in Costly State Support

    Kenya has outlined a plan to lease New KCC to private operators if the latest KSh 2 billion bailout does not yield positive results.
    Fred
    Fred Obura
    a month ago
    NEMA Probes Planned Large-Scale Fertilizer Project in Olkaria

    NEMA Probes Planned Large-Scale Fertilizer Project in Olkaria

    Kenya’s environmental regulator has invited public comments on a proposed large-scale green fertilizer and geothermal power project planned for Olkaria
    Fred
    Fred Obura
    a month ago
    Government Engages Manufacturers on Standards Levy as Implementation Questions Persist

    Government Engages Manufacturers on Standards Levy as Implementation Questions Persist

    The government has held consultations with manufacturers to address ongoing questions around the implementation of the Standards Levy Order 2025. While the levy remains set at 0.2% of monthly turnover, officials outlined revised annual caps, continued exemptions for smaller firms, and ongoing reviews of classification and import inspection charges as the policy moves into full enforcement.
    Chelsy
    Chelsy Maina
    2 months ago
    Amsons Outlines Turnaround Plan for East African Portland Cement after Acquiring Majority Control

    Amsons Outlines Turnaround Plan for East African Portland Cement after Acquiring Majority Control

    Amsons intends to triple EAPCC’s production capacity within three years while pursuing fresh investments to anchor the firm’s turnaround
    Fred
    Fred Obura
    2 months ago
    CMA Exempts Bamburi Cement Owner from Mandatory Takeover of East African Portland Cement

    CMA Exempts Bamburi Cement Owner from Mandatory Takeover of East African Portland Cement

    CMA has approved Kalahari Cement’s exemption from making a mandatory takeover offer in its KES 1.6B plan to buy NSSF’s 27 percent stake in East African Portland Cement. The regulator classifies the deal as a strategic investment. The approval is subject to CAK and Mining Ministry clearance. Kalahari says it will not delist EAPC and will support its operational turnaround.
    Harry
    Harry Njuguna
    2 months ago

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