Serengeti Breweries minority investors to raise US$30.8m in new deal

TANZANIA -Serengeti Breweries minority investors are set to inject an additional Sh3.2 billion (US$30.8m) capital into the breweries as part of it’s deal with the majority shareholder, East African Breweries (EABL). The deal follows the […]

Diageo to invest US$220M in sustainability projects in African breweries

AFRICA – Diageo, the world’s leading spirits maker has pledged to invest US$220million in green energy and water recovery solutions at 11 of its African breweries. The investment, which represents the company’s largest environmental investment […]

Diageo to relocate its Africa business support Centre from Nairobi

KENYA – London-based brewer Diageo has said that it will be moving the Diageo Africa Business Service Centre (ABSC) away from its current offices in Nairobi, Kenya. The move will see the company close the […]

East African Breweries reports 57% jump in full-year profits to US$115m

KENYA – The East African Breweries Limited (EABL) posted a 57.34 per cent growth in net profit to US$115 million (Sh11.5 billion) for the year ending 30th June 2019. The company’s performance was boosted by a […]

EABL’s Serengeti Breweries appoints Mark Ocitti as new Managing Director

TANZANIA – The East African Breweries Limited (EABL) has appointed Mark Ocitti as the new managing director of its Tanzania based subsidiary, Serengeti Breweries Limited (SBL). Mark will take over from Helene Weesie- who has […]

East African Breweries’ director Paul Gallagher resigns

KENYA – East African Breweries Limited (EABL) has announced the resignation of Paul Gallagher as non-executive director of the company’s board after serving for over two years. The Nairobi Stock Exchange-listed firm said Gallagher’s resignation […]

KBL invests US$39.72m in new brewer’s effluent treatment plant to boost efficiency

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited, is investing nearly US$39.72 million in an effluent treatment plant to boost production efficiency at its upcoming Kisumu plant. The three-phase wastewater […]

Kenya Breweries Limited launches new ale for the premium beer market

KENYA – Kenya Breweries Limited (KBL), a subsidiary of the global brewer, Diageo has launched ‘Tusker Premium Ale’, a premium offering that expands its premium beer portfolio. The new premium ale, which the brewer says […]

EABL saves US$10m on new beer plant budget

KENYA – Beer-maker East African Breweries (EABL) said that the company will save US$10 million on its investment in the new Senator Keg beer plant in Kisumu as a result of more local sourcing of […]