Search

Economy

Diageo’s Strategic Shift Sparks Speculation Over EABL’s Future

2 min Read Time

British beverage giant Diageo has announced plans for significant asset disposals and a $500 million cost-cutting initiative, aiming to streamline operations and address declining alcohol demand. This move has led to speculation about the future of its African operations, particularly East African Bre.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Banks Go on Auction Frenzy as Kenya’s Bad Loans Soar Past Sh700 Billion
Economy

Banks Go on Auction Frenzy as Kenya’s Bad Loans Soar Past Sh700 Billion

Kenyan banks have ramped up auctions of repossessed assets as non-performing loans (NPLs) surge past Sh700 billion, hitting a 17.2% share of all outstanding loans—the...

Read article
Fuel Prices Drop Slightly in Kenya, But Consumer Discontent Persists
Economy

Fuel Prices Drop Slightly in Kenya, But Consumer Discontent Persists

The Energy and Petroleum Regulatory Authority (EPRA) has announced a modest drop in fuel prices for the pricing cycle running from April 15 to May...

Read article
Kenya’s Lending Rates Drop to 15%—But Borrowers Still Feel the Heat
Economy

Kenya’s Lending Rates Drop to 15%—But Borrowers Still Feel the Heat

Kenya’s average bank lending rate fell to 15% in March 2025—the lowest level recorded in over a year—according to fresh data from the Central Bank...

Read article
Why silk worm farming, hailed for quick profits, drastically lost its’ shine in Kenya
Economy

Why silk worm farming, hailed for quick profits, drastically lost its’ shine in Kenya

Once hailed as a promising new frontier in agricultural diversification, silkworm farming in Kenya has lost momentum, with many small-scale farmers abandoning the venture due...

Read article
The Kenya Revenue Authority Granted Key Access to Government Payment Systems
Economy

The Kenya Revenue Authority Granted Key Access to Government Payment Systems

The Kenya Revenue Authority (KRA) has secured direct links into the government’s financial systems, allowing it to monitor payments to public servants and suppliers in...

Read article
Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding
Economy

Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding

The Kenyan government has announced plans to sell part of its 34.9% stake in Safaricom, the country’s most profitable company, in a bid to raise...