East African Breweries Limited (EABL) has recorded a 49 percent increase in net profit to Sh18.2 billion for the financial year ended June 30, 2026, driven by higher sales, disciplined cost management and reduced financing expenses. The brewer reported a 13 percent rise in revenue to Sh146 billion, supported by …
Read More »Nedbank Makes Offer to Acquire 66% of NCBA Group
South African lender Nedbank Group has submitted a tender offer to purchase approximately 66 percent of NCBA Group’s ordinary shares, which would give Nedbank a controlling interest in the Kenyan financial services company if the deal goes through. The remaining 34 percent of NCBA shares would continue to be traded …
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The Lower Eastern Times Opening The Third Eye