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TodayTuesday, May 05, 2026

East African Breweries Limited

A photo collage of Hina Nagarajan, Diageo President, Africa, Jane Karuku, EABL CEO and Atsushi Katsuki, Asahi President and Group CEO.

Kenya’s High Court Clears Path for KSh 300 Billion Asahi–Diageo Deal Despite Ongoing Distribution Dispute

The High Court has removed a key legal hurdle standing in the way of one of East Africa’s largest corporate transactions, dismissing an application that sought to block Diageo’s planned exit from
April 10, 2026
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Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.
Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.

Diageo Says Kenyan Distributor Weaponising Case to Frustrate its Exit From EABL

British multinational Diageo has accused a Kenyan beer distributor of attempting to weaponise an ongoing court case to block its planned exit from East African Breweries Limited (EABL), as it moves to
March 26, 2026
Kumeshen Naidoo (left), Head of Debt Capital Markets, and Narisa Balgobind, Head of Debt at Absa. They argue that after two years of tight liquidity, elevated yields, and cautious issuances, the debt window is reopening.
Kumeshen Naidoo (left), Head of Debt Capital Markets, and Narisa Balgobind, Head of Debt at Absa. They argue that after two years of tight liquidity, elevated yields, and cautious issuances, the debt window is reopening.

Africa’s Debt Markets Reawaken – But This Time, Smarter: Here is How

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 approved Khs20
February 24, 2026
EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.
EABL’s East African footprint: A portfolio spanning Tusker and Guinness in Kenya, Nile and Bell in Uganda, and Serengeti and Konyagi in Tanzania, now offering Asahi immediate scale in a high-growth region, deep route-to-market access, and a platform to expand premium and global brands across East Africa.

Everything You Need to Know About Diageo’s Sale of its 65% Stake in EABL to Japan’s Asahi Group

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 entire 65%
December 18, 2025
COMESA Competition Commission CEO, Willard Mwemba, President of Diageo Africa, Hina Nagarajan and EABL Group CEO, Mrs. Jane Karuku.

COMESA Fines Diageo USD 750,000 for Unfair Distribution Deals in Uganda, Eswatini and Zambia

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 African Breweries
October 13, 2025
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In Uganda, a potential Diageo exit out of East African Breweries Limited, will have an impact on Uganda Breweries Limited, where it has a holding of 98.19%.
In Uganda, a potential Diageo exit out of East African Breweries Limited, will have an impact on Uganda Breweries Limited, where it has a holding of 98.19%.

Diageo Considers EABL Sale Amid Exit From African Beer Markets

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 review suggests
July 29, 2025
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 (left) is now General Manager of the EABL Group's Spirits Division, while Mark Mugisha Kivuna has taken on the Head of Marketing and Innovations role at Kenya Breweries Limited (KBL), EABL's largest subsidiary.

EABL BRINGS ITS SOLDIERS HOME: Alvin Mbugua Heads Regional Spirits Division As Mark Kivuna Returns To Head Marketing And Innovations At Kenya Breweries

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 General Manager
February 5, 2025
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Left-Right: Jane Karuku, the EABL Managing Director and Chief Executives of EABL subsidiaries, Mark Ocitti (Kenya Breweries Limited); Andrew Itamba Kilonzo (Uganda Breweries) and Dr. Obinna Anyalebechi (Serengeti Breweries)

SHAKEN BUT NOT STIRRED: EABL revenues grow to KShs66.5 bn, but rising costs dampen half-year profits

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 Breweries PLC
January 28, 2024
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