East African Breweries has posted a drop in after-tax profit to $129 million in the year ended June 2024, from $144 million in the previous year. This was attributed to an increase in net finance costs from $42.3 million to $63.1 million in the period under review. “Over the year, we navigated a complex and…...
Trending
- Insurances: ACE Global Senegal and NSIA Assurances condemned in front of Amafrique, nearly 400 million CFA at stake
- Ababacar S. DIAW: “The Public Offering (APE) launched by Senegal is an act of trust and faith in the country’s economy”
- Morocco: Banque Centrale Populaire records an increase in its results in the first half of the year
- Egypt: Regulator unveils national strategy to train the new generation of insurance leaders
- Exclusive interview with Daniel Touré, General Manager of AFG Bank in Côte d’Ivoire (Exclusive Interview)
- Insurance: French regulator ACPR wants to put an end to offshore call centers in North Africa
- Airtel Africa extends its share buyback program with Barclays
- Ethiopia: Eyob Tekalign takes the lead of the Central Bank
Kenya’s East African Breweries profit falls to $129 million
The Kenyan manufacture also operates in Uganda and Tanzania. © AFP
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com