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Sigh of relief for Safaricom investors as stock price jumps from panic lows

Safaricom’s share price has gained by nearly one third since hitting multi-year lows.

Nairobi areaNairobi securities exchangeAfrican breweries plcEast african breweries plc

Joe Sang returns to Kenya Pipeline as managing director

Sang first returned to KPC as the acting MD in January after a Nairobi court cleared him of corruption charges over the construction of the Sh1.9 billion Kisumu Oil jetty.

Nairobi areaMacharia irunguHudson andambiHigh courtAfrican breweries plcUniversity of nairobiNational oilLaw society of kenyaKunga groupKenya pipeline companyKisumu oilJoe sangKenya pipelineLaw societyJoe sangFaith boinett

EABL investors fail to sell 25m shares to Diageo Plc

Investors failed to sell 25.12 million East African Breweries Plc (EABL) shares to the parent company Diageo Plc.

Nairobi areaUnited kingdomAfrican breweries plcDiageo plcEast african breweries plcDiageo kenya

EABL executives move to Supreme Court for review of contempt ruling

EABL including Chief Executive officer Jane Karuku has moved to the Supreme Court for a review of a decision that found them in contempt of court.

Justice martha koomeJane karukuAndrew cowanAndrew kilonzoUganda breweries ltdAfrican breweries limitedKenya ltdSupreme courtSupreme court bernard kasavuli onKenya breweries ltdHigh courtBia toshaSupreme court bernard kasavuliChief justice martha koomeEast african breweries plcR andrew kilonzo

Diageo Sh22 7bn EABL offer oversubscribed in first phase

Diageo says EABL shareholders offered it 122.018 million shares in the initial phase against its total 118.394 million units target.

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