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...
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East African Breweries seeks full buyout of Ugandan subsidiary
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.
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