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    Access Bank and NBK Launch Shared Branch Services Across Kenya
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    Access Bank and NBK Launch Shared Branch Services Across Kenya

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    KTDA Finance Boss Simeon Rugutt Faces Scrutiny Over Billion-Shilling Mansion
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    KTDA Finance Boss Simeon Rugutt Faces Scrutiny Over Billion-Shilling Mansion

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    G4S Faces Class Action in Kenya Over Alleged Exploitation and Unfair...

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    Equity Bank Teller in Court Over KSh 2.4 Million Theft

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    Left to Right: Johnson Ondicho, Head of Digital Channels at KCB Bank Kenya, Angela Mwirigi, KCB Bank Kenya Director of Digital Financial Services, Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, and Victor Ndlovu, Head Business Development East Africa at Mastercard during the KCB Multicurrency Prepaid Card Launch at Nairobi Royal Golf Club.
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    Kenya’s Banking Sector Reports Record Profits in 2024 Despite Economic Pressures

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    Coffee Farmers Push Back Against Direct Settlement System
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    Coffee Farmers Reject Govt’s Direct Payment Plan

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    Students Charged with Stealing Sh7.8 Million from Sidian Bank

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    Kenya in Talks to Repay SGR Loan in Chinese Yuan
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    Kenya in Talks to Repay SGR Loan in Chinese Yuan

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    Kenya Bags Ksh8.3B Loan Deal
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    Govt Secures Ksh8.3B Loan with International Lenders

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    A crackdown on bhang dens has been prompted by NACADA's alarm about a 90% increase in bhang usage over the previous five years, with nearly a million Kenyans consuming the substance.
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    NACADA, Police Seize Counterfeit Alcohol Worth KSh 1.4 Million in Murang’a

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    Ruto Signs Multibillion Deal to Strengthen County Assemblies & Ensure Revenue...

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    EPRA Closes 8 Petrol Stations Over Dirty Fuel Sales
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    Oil Price Drop Brings Hope for Kenyan Motorists

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    Nairobi & Kiambu Get KSh3.2B Affordable Housing Lifeline from EIB

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    CBK Hits 11 Banks with Heavy Fines for Breaking Rules
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    CBK Hits 11 Banks with Heavy Fines for Breaking Rules

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    EABL’s profit after tax jumps 12% to Ksh12 billion for FY ending June 30, 2025 Strong product mix and strategic pricing drive performance Volume growth continues in key markets, especially premium segments Management successfully navigates inflation and currency pressures EABL’s Remarkable Financial Rebound East African Breweries Limited (EABL) has reported a strong 12% increase in profit after tax, reaching Ksh12 billion for the financial year ended June 30, 2025. This comes as a sharp recovery from last year, when earnings were softer. The beverage giant managed to outpace industry challenges, including declining revenues in the sector. The robust performance is attributed to effective pricing strategies, operational efficiency, and consistent demand across East Africa. Strong Growth Across Key Segments The company saw a healthy rise in net sales, underpinned by a solid product mix and market share gains in both the beer and spirits categories. Premium products showed particularly strong demand as consumer preferences shifted toward high-margin offerings. “Despite inflationary pressures and currency fluctuations, we have executed well, especially in premium segments,” said EABL’s leadership in an official statement. Managing Economic Headwinds EABL effectively managed rising costs by optimizing its supply chain and increasing local sourcing to counteract inflationary pressures. Cost containment strategies played a crucial role in improving profit margins. Dividends Reflecting Strong Performance The board has proposed a final dividend for shareholders, aligning with the company’s improved earnings. Shareholders will see a payout reflecting the positive trajectory, following earlier interim dividend payments this year. Analysts Weigh In Industry experts have praised EABL’s resilience, noting the company’s ability to thrive despite fierce competition and economic challenges. “Despite regulatory issues and constrained consumer spending, EABL delivered a solid 12% increase in profit,” said one market analyst. Looking Ahead: Expansion and Innovation EABL plans to continue growing its presence in Uganda and Tanzania, where strong market trends support further expansion. Additionally, the company is exploring innovation-led premium products and digital engagement to maintain consumption growth. With earnings surpassing the Ksh12 billion mark, EABL is confidently back on track for the next phase of growth, proving its ability to adapt to a volatile market environment.
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    EABL Posts Record Ksh12 Billion Profit for 2025 After 12% Increase

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    QPresident Ruto Fires Gladys Wanga’s Husband George Wanga, Appoints Adan Haji Ali as EPRA Boss
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    Shock as Ksh44.8 Billion Disappears from eCitizen Accounts

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