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    COTU Strikes Deal with Government Over Housing Levy Misuse
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    COTU Strikes Deal with Government Over Housing Levy Misuse

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    Kenya’s Miraa Exports to Somalia Drop by 16.9% Amid Regional Competition

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    Faulu Bank Embraces KBA Clearing System to Speed Up Customer Transaction

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    President William Ruto, Chair of the East African Community (EAC), has announced an extraordinary summit to address the escalating conflict in Eastern DRC and the worsening humanitarian situation.
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    President Ruto Moves to Revive Kenya Airways With New Board Appointments

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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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    KCB Rolls Out Kids’ Savings Plan to Shape Future Money Habits

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    So you want to be a startup investor? Here are things...

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    Kenya’s Public Debt Hits Record High of Sh11.36 Trillion

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    Kenya Airways Welcomes Aboard Fitsum Abadi Gebrehawaria as New Cargo Director

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    Gov’t Pumps Sh25 Billion into County Industrial Parks to Boost Agro-Processing
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    Gov’t Pumps Sh25 Billion into County Industrial Parks to Boost Agro-Processing

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

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    Nairobi Ranked Among Global Cities with the Wealthiest Investors, Report Shows

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    Gold Worth KSh680 Billion Discovered in Kakamega, Residents to Benefit – Hassan Joho
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    Gold Worth KSh680 Billion Discovered in Kakamega, Residents to Benefit –...

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    Kenya Among Nations Affected as Trump Imposes 50% Copper Tariff
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    Kenya Among Nations Affected as Trump Imposes 50% Copper Tariff

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    Finance Bill 2025: Workers Set to Gain from Higher Tax-Free Per...

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    SBM Bank Teams Up with Serena Hotels to Reward Cardholders
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    SBM Bank Teams Up with Serena Hotels to Reward Cardholders

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