EABL royalties to parent Diageo hit record Sh2.2bn

Workers at the East African Breweries (EABL) microbrewery off Thika Road, Nairobi on January 26, 2024.

Photo credit: Wilfred Nyangaresi | Nation Media Group

East African Breweries Plc (EABL) paid record royalties and management fees of Sh2.2 billion to entities linked to its parent firm Diageo, boosting the earnings of the multinational from the local subsidiary in the year to June 2025.

Disclosures in the brewer’s corporate bond information memorandum show that payments made to companies related to EABL “through common shareholding” climbed from Sh2.08 billion in the year ended June 2024 and Sh1.77 billion in the prior year.

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