Kenyan beverages giant East African Breweries Limited (EABL) recently refinanced an existing Ksh11 billion corporate bond through a medium-term note priced at 11.8%, marking the first issuance under its newly…
East African Breweries Limited (EABL), one of East Africa’s most influential consumer goods companies, is entering a new era. This comes after its majority shareholder, Diageo, agreed to sell its…
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission has imposed a fine of USD 750,000 on global alcoholic beverages manufacturer Diageo Plc, the majority shareholder in East…
Bloomberg has reported that British multinational Diageo has appointed Bank of America and Goldman Sachs to oversee a review of its 65% stake in East African Breweries Limited (EABL). The…
East African Breweries Limited (EABL), one of the crown jewels in Kenya’s corporate sector, is now at the centre of market speculation following a broader strategic pivot by its parent…
East African Breweries Limited (EABL) has announced significant leadership changes, marking the return of two seasoned executives to pivotal roles within the company. Alvin Mbugua has been appointed as the…
Despite a strong 16% growth in net sales in the first six months of EABL’s FY2024 (July -December 2023) compared to the same period in the prior year, East African…
After doing what Uganda Breweries says is a “fantastic job leading the marketing team”, Emmy Hashakimana has been promoted to the role of Commercial Director. The new assignment is effective…
Sir Ivan Menezes the ‘Captain Morgan’ of the Diageo Plc ship has passed on, after a short illness. “This is an incredibly sad day. Ivan was undoubtedly one of the…
Last week, East African Breweries Limited (EABL), the region’s leading branded alcohol beverage business and a subsidiary of Diageo, the global alcohol giant announced that it had appointed Felix Okoboi…
