East African Breweries Limited (EABL) is looking to raise its stake in one of its Ugandan subsidiaries that will see the brewer own 100 per cent of the company. The Nairobi Securities Exchange (NSE)-listed alcohol manufacturer will spend Sh426 million ($3.3 million) to raise its stake in Uganda Breweries Limited from 98.19 percent or 118,293,313...
Trending
- Kenya starts talks with Ethiopia for more electricity
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries