Tag: Serengeti Breweries

Serengeti Breweries delivers solar water pumps to Tanzanian residents availing safe water

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TANZANIA – Serengeti Breweries Limited (SBL), a subsidiary of East African Breweries Ltd (EABL) has launched a Tsh.220m water project in Mara Region, in a bid to avail safe and clean water to the residents. The project launched under its Water of Life initiative, comprises of a borehole, a solar water pump that can produce 7,500 litres of water per hour and a water tank. According to reports by Daily News Tanzania, over 12,000 people will benefit from the project, especially girls and women who spend a lot of time…

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Serengeti Breweries Limited supports skills transfer in agriculture industry, dish-out scholarships

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TANZANIA – Serengeti Breweries Limited (SBL), a subsidiary of East African Breweries Ltd (EABL) has issued over 70 new scholarships to students studying agricultural-related courses in local colleges, to boost skill development in the industry. This is the second year that SBL supports bright students from underprivileged backgrounds to access college education in agricultural disciplines through its Kilimo-Viwanda program. In a linked in post, the leading brewer indicated that Last year 40 students were given this opportunity, as it inaugurated the initiative. Kilimo-Viwanda program is also meant to complement the…

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COVID-19 disruptions, tax provisions nearly halved EABL’s profit in six months ended December 2020

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KENYA – The East African Breweries Limited (EABL) has reported a 47.3 per cent dip in profit for the half year ended December 2020 to Ksh.3.8 billion (US$34.5m) from Ksh.7.2 billion (US$65.3m) registered in the same period in 2019. The alcohol manufacturer attributes the sharp decline to one-off tax provision, excise duty increases, general price inflation and additional costs related to digital tax stamp implementation in Uganda which impacted profitability. Also, trade restrictions brought by the COVID-19 pandemic continued to hamper the company’s performance especially in Kenya. During the period…

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Tanzanian alcohol makers turn to local sources of raw materials to boost industry

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TANZANIA – Leading breweries in Tanzania i.e., Tanzania Breweries Limited (TBL) and Serengeti Breweries Limited (SBL) to prioritize sourcing their wheat locally, following an agreement with the government. According to reports by Daily News, the state has reached a consensus with the brewers to purchase the raw material at a minimum price of Tsh 800 per kilogramme of wheat. This follows the country importing 800,000 and 1 million tons of wheat annually amid availability of arable land and conducive climate to facilitate mass production of the cash crop. “TBL and…

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EABL provides much needed aid to the hospitality industry with launch of US$5m recovery fund

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KENYA – East Africa Breweries Limited (EABL) has officially rolled out the US$5 million recovery fund aimed to help the hospitality industry i.e. pubs and bars recover from the effects of the COVID-19 pandemic. The two-year programme dubbed “Raising the Bar” is part of the US$100 million kitty launched by EABL’s parent company, Diageo in July across its different markets i.e. New York, London, Edinburgh, Dublin, Belfast, Mexico City, Sao Paulo, Shanghai, Delhi, Mumbai, Bangalore, Nairobi, Dar es Salaam, Kampala, Sydney and beyond. The program launch in East Africa was…

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Kenya Breweries Limited promotes road safety through its e-learning tool DRINKiQ platform

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KENYA – Kenya Breweries Limited (KBL), subsidiary of the East African Breweries Limited (EABL) has partnered with National Transport and Safety Authority (NTSA) to educate and sensitize road users on responsible drinking under its DRINKiQ platform, in order to enhance road safety in Kenya. The partnership will involve the adoption of a Responsible Drinking Education Module, which will complement the curriculum for training and testing of Drivers and Instructors. Speaking during the memorandum signing ceremony, KBL MD Jane Karuku said that KBL’s commitment to responsible drinking has been the basis…

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Serengeti Breweries launches new beer pack for Pilsner Lager

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TANZANIA – Serengeti Breweries, a subsidiary of East African Breweries Ltd (EABL), has launched a new beer pack for its Pilsner lager brand in a bid to penetrate wider market, targeting consumers in the Lake zone regions in Tanzania. SBL said the new beer pack is intended to give consumers and the market more and best choices at reasonable price, reports Daily News. “The residents from the lake zone regions who are famed for their hardworking spirit will enjoy Pilsner lager 300ml dubbed ‘imara kama simba’ at affordable retail prices,”…

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SBL donates 1,250 litres of hand sanitiser to boost fight against the spread of the Corona Virus

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TANZANIA – Serengeti Breweries Limited (SBL) has joined the other corporates in Tanzania in efforts to fight the spread of coronavirus by donating 1,250 litres of hand-sanitiser. SBL Corporate Relations Director, John Wanyancha said, “We believe this donation will go a long way in ensuring that those who receive it will maintain high hygienic standards to keep the lethal pandemic at bay.” The donation was handed over the Ministry of Health, Community Development, Gender, Elderly and Children in Dar es Salaam. This is the second time SBL is supporting the government…

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East African Breweries to raise stake in Serengeti Breweries by 30%

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EAST AFRICA – East African Breweries Limited (EABL) seeks to acquire an additional 30 percent stake in its Tanzanian subsidiary, Serengeti Breweries Limited, in a deal that will deepen its grip. The deal comes barely a year after the brewer spent Sh313 million (US$2.9m) last July to acquire four percent additional stake in Serengeti. “EABL intends to enter into a conditional transaction to purchase an additional 30 percent shareholding in Serengeti Breweries. Completion of the transaction is subject to various regulatory approvals in Kenya and Tanzania,” EABL said in a…

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East African Breweries mulls US$49.7m bond to finance operations

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KENYA – East African Breweries Limited (EABL) to use banks to refinance the Sh5 billion (US$49.7m) bond set for maturity in March, shunning the option of going back to the Nairobi Securities Exchange (NSE) to roll over the debt, reports Business Daily. The brewer, with operations in Kenya, Uganda and Tanzania, says it has received “attractive” opportunities from commercial banks. This will also save it from having to pay the lump sum amount in March from its own cash reserves when it is still pursuing capital investments. “Given the very…

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