If the CMA approves Diageo Kenya’s shares purchase, the buyer will push its shareholding from 50.03 per cent to 65 per cent (514,003,331 shares).
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Uganda rose two places to fourth, while Namibia and Kenya improve their ranking within the top 10. Scores for these three countries primarily rose due to progress in adopting ESG policies and frameworks.
A prolonged drought has left almost 5.5 million people facing hunger, according to the United Nations, as agricultural output declines.
Expectations at Kenyan firms for the next 12 months remained one of the worst on record, with just 12% of panellists predicting output to expand.
Safaricom Ethiopia is building a wholly-owned mobile network and has infrastructure sharing and interconnection agreements with Ethio Telecom.
Britannia Industries has acquired a 51% stake in Kenya’s Kenafric Biscuits (KBL) while fully taking over Catalyst Britania Brands.