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NSSF Directs Employers to Implement New Contribution Rates of up to KSh 12,960 from February 2026

The National Social Security Fund (NSSF) has instructed all employers to begin applying the new Year 4 contribution rates under the NSSF Act, Cap 258, with effect from February 2026. In a public notice issued by NSSF Managing Trustee and Chief Executive Officer David Koross, the Fund confirmed that the Year 3 contribution rates expired […]

Diageo EABL Sale

Diageo Sells Majority Stake in East African Breweries to Asahi for $2.3 Billion

— Diageo, the world’s largest spirits producer, has agreed to sell its 65% stake in East African Breweries Limited (EABL) to Japan’s Asahi Holdings for $2.3 billion, marking its exit from direct ownership of African beer assets. The transaction values EABL, a Nairobi Securities Exchange blue-chip stock and one of East Africa’s most valuable companies […]

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