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EABL HY 2015 results earnings up 11%
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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According to Philip Ochieng, Evans Mwaniki was the model christian student at Alliance, School Captain, never touched alcohol and cigarettes through to form 6 yet ended up being chairman of BAT and EABL. #AnotherUselessTrivia  Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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BD wrote:Beer maker East African Breweries Limited (EABL) is set to renew the contracts of about 20,000 sorghum farmers after reduction of excise duty payable on Senator Keg, which is mainly brewed from the grain. President Uhuru Kenyatta on Friday signed into law the Alcoholic Drinks Control (Amendment) Bill 2015, setting the excise tax cut (remission) at 90 per cent from the current 50 per cent for beers manufactured using at least 75 per cent locally-sourced sorghum, millet or cassava.
Sales of Senator Keg — an EABL low-cost beer manufactured using sorghum — dipped sharply after introduction of a 50 per cent excise tax in October 2013, forcing the brewer to suspend most contracts it had signed with farmers. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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DNQuote:East African Breweries Limited (EABL) has named Jane Karuku as the new managing director of Kenya Breweries Limited, replacing Joe Muganda, who left the brewer...........
With over 20 years of experience in fast-moving consumer-goods industries, Ms Karuku served as managing director of Cadbury Schweppes East Africa, deputy chief executive and secretary-general of Telkom Kenya, and most recently as AGRA president.
She holds an MBA from the National University, California, USA, and a Bachelor of Science in Food Science and Technology from the University of Nairobi. She will also remain on EABL’s board as an executive director. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pesa Nane wrote:DNQuote:East African Breweries Limited (EABL) has named Jane Karuku as the new managing director of Kenya Breweries Limited, replacing Joe Muganda, who left the brewer...........
With over 20 years of experience in fast-moving consumer-goods industries, Ms Karuku served as managing director of Cadbury Schweppes East Africa, deputy chief executive and secretary-general of Telkom Kenya, and most recently as AGRA president.
She holds an MBA from the National University, California, USA, and a Bachelor of Science in Food Science and Technology from the University of Nairobi. She will also remain on EABL’s board as an executive director. Back to Kenyan MDs who understand the market better "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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murchr wrote:Pesa Nane wrote:DNQuote:East African Breweries Limited (EABL) has named Jane Karuku as the new managing director of Kenya Breweries Limited, replacing Joe Muganda, who left the brewer...........
With over 20 years of experience in fast-moving consumer-goods industries, Ms Karuku served as managing director of Cadbury Schweppes East Africa, deputy chief executive and secretary-general of Telkom Kenya, and most recently as AGRA president.
She holds an MBA from the National University, California, USA, and a Bachelor of Science in Food Science and Technology from the University of Nairobi. She will also remain on EABL’s board as an executive director. Back to Kenyan MDs who understand the market better isn't Muganda a Kenyan?
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Rank: Member Joined: 8/17/2007 Posts: 294
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Disposing assets to boost profits  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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EABL HY 2015 results earnings up 11%
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