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EABL raises beer prices for second time in 4 months
EABL-Kenya managing director Joe Muganda. Photo/FILE
East Africa Breweries Limited (EABL) has increased beer prices for the second time in four months to cover rising raw material costs and grow sales to reverse the drop in half-year profit.
A crate of Tusker is now selling at Sh2,714 up from Sh2,523, which translates to a Sh8 increase per bottle at the wholesale level and sources at the brewer reckon that other products will rise by more than Sh10.