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EABL’s profit rises 124%, net sales in Tanzania up by 21% on growth of Serengeti trademark
East African Breweries PLC (EABL) has reported Kshs 109.4 billion in net sales for the full year ended 30 June...
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SBL launches agro-scholarship programme to boost food security
Serengeti Breweries Limited (SBL) has announced the launch of its agro-scholarship programme dubbed: ‘Kilimo Viwanda’ that among other things seeks...
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Importers of wine, shoes and tiles to pay more as new EAC directive comes into force
Importers of products such as construction materials, furniture, wine, beauty and makeup products to the East African Community (EAC) are...
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MultiChoice delivers steady margins despite content cost normalisation
MultiChoice Group (MCG, or the group), Africa’s leading entertainment company, delivered steady margins for the year ended 31 March 2022...
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Moody’s expects most commodity prices to remain high over short term
Financial research firm Moody’s Investors Service says in its latest outlook for metals and mining that most commodity prices will...
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Gold price still on above $2,000 as pace to push stagflation, recession risks rise
While the gold market remains off its highs from the first quarter, it is still on track to end the...
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