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East African Breweries PLC (EABL) has reported a solid full-year performance for the year ended June 30, 2025, posting a 12% jump in profit after tax to Kshs 12.2 billion, despite tough market conditions. The group’s net revenue rose by 4% to Kshs 128.8 billion, driven by a 2% growth in volumes across both beer and spirits portfolios. In light of the performance, the Board recommended a final dividend of Kshs 5.50 per share, bringing the total dividend for the year to Kshs 8.00—up 14.3% from the previous year. The dividend will be paid on or around October 28, 2025,…
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East Africa Breweries Limited Group Managing Director and Chief Executive Officer Jane Karuka has been appointed to the Board of the Kenya Private Sector Alliance (KEPSA). Taking to the LinkedIn…
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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 (EABL), the Diageo-owned alcoholic drinks giant, has reported a 22% decline in half-year after-tax profit. This, it attributed to macro-economic-driven cost inflation and rising finance costs. In the just released results, the company reported that its net sales went up by 16%, to Kshs 66.5 billion for the half year ended December 31, 2023, from KShs57.3 billion in a similar period in F23. “EABL’s half-year profit after tax…
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Africa.Com has released the 3rd edition of its annual Africa.com Definitive List of Women CEOs⏤ a data-driven list of 93 women running big businesses on the African continent. The data-driven list is built on data provided by Bloomberg. Launched in 2010, Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community. “This year’s list of 93 women represents 17 countries who have qualified based on either large-scale revenue or large-scale market capitalisation. The list includes 40 women from South Africa, 12 from Nigeria, and 6 from Egypt, Ghana…
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This week is special for us at East African Breweries Plc (EABL). On December 14, 1922, the first batch of beer made from our then-makeshift brewery at Ruaraka was delivered to The Stanley. The making of that brew 100 years ago was a painstaking venture. Charles Hurst, who founded the company with his brother George, had studied the manual that came with the equipment he had brought from London by ship. That beer was made with water from a well, with the most important ingredient being malt extracts. Through ingenuity, innovation and agility, the company that would later become EABL…
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Anne Juuko, the Chief Executive Officer of Uganda’s Stanbic Bank; Ruth Zaipuna, the Chief Executive Officer of Tanzania’s leading bank, NMB Bank Plc and Jane Karuku, the Group Chief Executive Officer of East African Breweries Limited, have been named amongst the second annual Africa.com Definitive List of Women Chief Executive Officers. The list that is run to mark International Women’s Day, by Africa.com, celebrates women who run big businesses in Africa. Data used to generate the list was sourced from Bloomberg according to the statement released by Africa.com. “In short, the list represents the women who run big businesses in…
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The Uganda Breweries Limited (UBL) board has admitted Jane Karuku, Eric Kiniti and Rachel Dumba as Non-Executive Directors. The appointment was announced by the UBL Board Chairman, Japheth Katto. Alvin Mbugua, Jimmy Mugerwa, and Agnes Ssali will continue to serve on the UBL Board as Executive Director, Non-Executive Director and Company Secretary, respectively. Jane Karuku is the current Group Managing Director and CEO of East African Breweries Limited. She replaces Andrew Cowan, the former EABL CEO who got appointed by Diageo, the EABL parent company, as the Managing Director, Diageo Africa Regional Markets. Jane was previously the Managing Director of…
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The Board of East African Breweries Limited (EABL) has today announced that Jane Karuku will be taking over as the new Group Managing Director. Karuku, who has been a member of the EABL Board and the current Managing Director for Kenya Breweries Limited (KBL), will replace Andrew Cowan who has been in the EABL business for four and a half years. Cowan is taking up a new role in Diageo’s global business as Managing Director for Africa Regional Markets. Karuku is a dynamic business leader, with strong management experience spanning over 25 years in fast-moving consumer goods (FMCG) and non-governmental…
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