East African Breweries Limited PLC (EABL) net profit in the half-year year ending December 2023 was Sh6.8 billion, a 22% decrease compared to the same period in 2022. The decline was attributed to high inflation, currency depreciation, and rising finance costs. The devaluation of the local currency caused a forex loss of Sh2.3 billion, an increase of Sh2.1 billion in the review period. ‘’However, our bottom line has been impacted by increased costs of inputs, currency devaluation, and rising interest rates,” EABL Group Managing Director and CEO Jane Karuku said. Despite these challenges, EABL’s net sales grew by 16% to Sh66.5 billion in the period, driven by high sales in…
Author: David Indeje
The dust has settled on the group stage of the 2023 Africa Cup of Nations (AFCON), and anticipation crackles in the air. The knockout rounds loom, promising heart-pounding clashes between continental giants and audacious underdogs chasing their dreams. 𝗜𝘁’𝘀 𝗮𝗹𝗹 𝘀𝗲𝘁 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝗼𝗻𝗲 𝘁𝗿𝗼𝗽𝗵𝘆. 🏆✨#TotalEnergiesAFCON2023 pic.twitter.com/AvCrYtL7oT — CAF (@CAF_Online) January 24, 2024 What we have witnessed Defending champions Senegal, boasting an unblemished record, stand toe-to-toe with tournament hosts Côte d’Ivoire. The Elephants, still smarting from a shocking defeat, face a daunting task to topple the Lions. Can they summon the roar of the home crowd and rewrite their narrative? (Jan.…
OPPO has launched the Reno 11 series, a smartphone designed to impress both photography enthusiasts and design connoisseurs in Kenya. The new camera-oriented mid-range series has two models: the Reno 11 and the Reno 11 Pro. Available in the captivating colours of Wave Green and Rock Grey, both phones capture the essence of nature, offering a refreshingly distinct design direction. Reno11 Weighing a mere 181g and boasting a sleek 3D curved body, the Reno11 is a delight to hold and behold. But its beauty goes beyond looks. The Ultra-Clear Portrait Camera System, featuring a 50MP main camera, 32MP telephoto camera,…
Kenyan smartphone users will experience a new era of intelligent devices as OPPO, a leading manufacturer, infuses its smartphones with cutting-edge artificial intelligence (AI) features. From enhanced photography to personalized experiences and solutions for local challenges, OPPO is poised to transform the way Kenyans interact with their mobile devices. One of the most exciting advancements is the HyperTone Camera System, co-developed with Hasselblad for the upcoming Reno 11 Pro. This AI-powered system promises stunning photos with 30% improved clarity and 60% noise reduction, thanks to AI RAW fusion. The HyperTone Pro XDR Display further elevates the visual experience with eight…
Global chain store Panda Mart has officially opened its doors in Kenya, offering a wide range of products to shoppers. Located within Nairobi’s expansive Garden City Mall, the 3,900-square-meter store provides a convenient and easily accessible location for customers to explore and find everything they need in one place. The space was previously occupied by Shoprite and Game before they closed shop. “We are excited to be in Kenya,” said Mr. Lee Jinglin from Panda Mart. “Kenya is the largest economy in East Africa and Central Africa and is well positioned economically. As Panda Mart, we are committed to becoming…
Oppo will soon unveil its highly anticipated Reno 11 series in the Kenyan market, boasting the new Android 14-powered ColorOS 14 operating system. The Reno 11 series promises groundbreaking features for both photography and the user experience. Ultra-Clear Portrait Photography The Oppo Reno 11 series highlights its “Ultra-Clear Portrait Camera System,” powered by a high-resolution main camera, a class-leading portrait lens, and stunning 4K Ultra-Clear Video capture. Oppo boasts that the 32MP telephoto camera with 2x optical zoom can deliver studio-quality portrait photography. AI-Powered Efficiency in ColorOS 14 ColorOS 14 introduces several AI-powered smart features to enhance the user experience…

