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KCB injects Sh5Bn into NBK

NAIROBI, Kenya, Jan 9 – KCB Group has announced it has injected Sh5 billion into National Bank of Kenya. The move is aimed at enabling the NBK to comply with capital adequacy requirements and also bolster their financial resources. “We take this opportunity to thank our shareholders KCB
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Centum concludes the sale King Beverages Limited

NAIROBI, Kenya, Aug 19 – Centum Investment has concluded the sale agreement of King Beverages limited to Danish Brewing Company East Africa Limited. Centum held 100 percent stake in King Beverages Limited valued over Sh400 million. King Beverages Limited distributes brands that include Carlsberg, Tuborg, New Grove and Jim Beam among others. Danish Brewing Company