PZ Cussons injects Sh150mn to grow local operations
NAIROBI, Kenya, Oct 24 - Soap-maker PZ Cussons East Africa has announced plans to invest Sh150 million over the next year to boost production, Kenya breaking news | Kenya news today |..
✨ Key Highlights
PZ Cussons East Africa has announced a significant investment of Sh150 million over the next year to enhance its local operations in Kenya, encompassing production, distribution, and innovation. This strategic move aims to particularly engage younger consumers, specifically Gen Z and millennials, within the growing beauty and personal care market.
- PZ Cussons East Africa will invest Sh150 million to boost production, distribution, and innovation.
- The investment targets consumers under 35, with PZ Cussons East Africa Managing Director Sekar Ramamoorthy noting their adventurous preferences.
- Kenya's beauty and personal care market is valued at approximately Sh20 billion, experiencing steady single-digit growth.
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Absa Bank Uganda Buys StanChart Unit; PZ Cussons Invests Sh150mn in Kenya; China Boosts Ethiopian Coffee Imports - October 2025
Several significant business deals have been announced across Africa. In Uganda, Absa Bank Uganda has signed an agreement to acquire the Wealth and Retail Banking business from Standard Chartered Bank Uganda, a move that will expand Absa's presence. In Kenya, PZ Cussons East Africa announced a significant investment of Sh150 million over the next year to enhance its local operations, including production and innovation to engage younger consumers. On the trade front, China has become the fourth-largest importer of Ethiopian coffee. This represents a significant jump from its seventh-place ranking two years prior, driven by a substantial increase in exports during the first quarter of Ethiopia's current fiscal year.
