Jubilee Holdings Limited (JHL) has announced a significant increase in its dividend payout to shareholders, driven by robust profit growth for the year ended December 2025.

• The company declared an 11.1 percent increase in dividend per share to Sh15, totaling Sh1.09 billion.
• This comes as JHL reported a 17.6 percent rise in net profit to Sh5.6 billion.
• The growth was attributed to strong revenue increases, improved operational efficiency, and strategic focus, according to Chairman Zul Abdul.

The High Court in Nairobi has cleared the sale of a majority stake in East African Breweries PLC (EABL) to Japan’s Asahi Group Holdings, dismissing a bid to halt the transaction.

• The deal is valued at approximately Sh296.5 billion.
• Key entities involved are EABL, Asahi Group Holdings, and Diageo, with logistics firm Bia Tosha being the party that sought to block the sale.
• The court, presided over by Justice Bahati Mwamuye, lifted interim orders, allowing Asahi to proceed with acquiring a majority stake and consolidating beer and spirits operations across Kenya, Uganda, and Tanzania.

Centum Investment Company has completed its multi-year share buyback programme, repurchasing 10.8 million shares but falling significantly short of its original target.

• 10,839,300 shares were acquired in total.
• The buyback was executed by Centum Investment Company.
• The company likely adopted a cautious capital allocation strategy due to market conditions and pricing constraints.