Kapchorua Tea posts Half-Year Earnings of KSh 25.7 Million from loss territory, Williamson Tea Reports loss
Kapchorua Tea Kenya, a listed firm engaged in the cultivation, manufacture and sale of tea, leapt from a loss-making territory to net earnings of KSh 25.7 Million at the close [...]
East African Breweries Corporate Bond Commences Trading at the NSE
The East African Breweries Plc has been listed on the Nairobi Securities Exchange, where trading on the KSh11-billion issue began today. EABL Group Managing Director and CEO Jane Karuku performed [...]Absa Arranges East African Breweries Kshs 11 billion Medium-Term Note, subscription hits 345%
East African Breweries Plc has announced that it received applications for Notes amounting to KSh37.9 billion for its KShs 11 billion Medium-Term Note issue, representing an overall subscription of 345 [...]
Africa Investment Forum Plans on KSh5 Billion Vaccine Plant in East Africa
The African Development Bank (AfDB) and its partners under the Africa Investment Forum are considering the establishment of a KSh5 billion vaccine plant in East Africa. This will be part [...]
NBV Acquires Delta International's 4 Businesses
Nairobi Business Ventures (NBV) has finalised the acquisition of four businesses linked to Dubai-based Delta International FZE valued at KSh3 billion. The firm now fully controls Delta Automobile; a heavy [...]East African Cables Makes Net Loss of KSh 753.2 Million in 2020
East African Cables posted a Net Loss of KSh 753.2 Million at the end of the financial year ended 31st December 2020. This is compared to a Net Profit of [...]EAB Plc Issues KSh 11 Billion Medium-Term Notes
East African Breweries (EAB) Plc has received approval from Capital Markets Authority(CMA) to offer up to KSh 11 Billion Medium-Term Notes under its domestic medium-term note programme. Proceeds from the [...]Tesla Vehicle Deliveries Hit 241,300 in Q3 2021
Tesla's electric vehicle deliveries in Q3 2021 has hit a record-breaking 241,300, a 20% growth since Q2 2021 and a 73% growth when compared to the same period last year. [...]Unga Group Full-Year Net Earnings Rise 343% to hit KSh 293.5 Million
Unga Group, the only flour milling firm listed at the Nairobi Securities Exchange (NSE), posted a net profit of KSh 293.5 Million for the full year ended June 30th, 2021. [...]ARM to be Finally Sold After Its Revival Flops
Athi River Mining Company is to wind up its operations on 30th September 2021, bring an end to more than two years when the cement maker has been under administration. [...]Kenya Breweries to Invest KSh1 Billion in New Production Line
Kenya Breweries has announced plans to invest KSh1 billion in a new production line, seeking to tap the growing appetite for spirits in Kenya. The firm says the funds will [...]BOC Kenya Plc Board of Directors make new changes
BOC Kenya Board of Directors has announced the resignation of Marius Kruger as a Non-Executive Director effective 13th September 2021. Kruger was appointed a Non-Executive Director of BOC Kenya in [...]
