Beverages
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Diageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary
KENYA – Diageo, the multinational alcoholic beverage company headquartered in the UK, through its wholly owned subsidiary Diageo Kenya Limited, has received regulatory approval to…
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Coca-Cola Al Ahlia Beverages, Emerge invest in construction of 1.8MWp solar photovoltaic plant
UAE – Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, has signed a joint investment agreement with Emerge to construct a 1.8-megawatt…
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Kirin Holdings completes sale of 51% stake for US$160m to Myanmar Brewery Limited
MYANMAR – Kirin Holdings has finalized the sale of its 51% stake in its Myanmar joint venture Myanma Economic Holdings Public Company Limited (MEHPCL), to…
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KTDA to procure 13 orthodox tea processing machines for allied factories to meet burgeoning demand for orthodox tea
KENYA – Kenya Tea Development Agency (KTDA) has received backing from the Kenyan Government in procuring and installing orthodox tea processing machines in 13 allied…
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Sasini to go green with investment in solar energy plant as Kenyans stare at 78% electricity price hike
KENYA – Sasini Plc, a Kenya-based tea, and coffee company, plans to install a solar energy plant in its 1,463 hectares of tea estates and…