Japanese company Asahi Group has agreed to purchase a majority stake in East African Breweries PLC (EABL) from Diageo in a deal valued at Sh296.5 billion. The agreement will also include Asahi taking ownership of Kenya’s spirits business, UDV (Kenya) Limited, uniting both beer and spirits operations under a single …
Read More »LIST: 11 Kenyan Companies Make Africa’s Top 500 List
Eleven Kenyan companies have been featured in Africa’s top 500 firms list by The Africa Report and Jeune Afrique, based on their financial performance in 2023. Among the Kenyan firms listed are Safaricom (ranked 62nd), Vivo Energy Kenya (100th), Kenya Airways (114th), TotalEnergies Marketing Kenya (126th), and East African Breweries …
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The Lower Eastern Times Opening The Third Eye