In a resounding endorsement of Kenya’s evolving capital markets, East African Breweries PLC (EABL) has successfully raised KSh 16.7 billion through an oversubscribed corporate bond. The issue, which targeted KSh 11 billion, attracted a massive KSh 17.1 billion in bids,…
The milestone was commemorated with a bell-ringing ceremony today, celebrating the significant oversubscription of the note. According to Frank Mwiti, Chief Executive of the Kenya Securities Exchange (KSE), the first tranche was heavily oversubscribed by 154%, successfully raising KES 16.76…
Uganda Breweries Limited (UBL) has appointed Catherine Twesigye as the new Head of Premium Spirits, a strategic move to increase the company’s market share in the beverages industry. With over a decade of experience in marketing and sales, Twesigye brings…