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Bar closures to cost Sh9bn in three months

New Samba Sports Bar in Mombasa which was closed in March due to Covid-19.

Photo credit: File | Nation Media Group

What you need to know:

  • Abak says the measure has hurt consumption and triggered reduced demand for products such as barley and wheat.
  • Consumption of alcohol was also impacted negatively by restrictions on social gatherings.
  • EABL net profit declined by 39 per cent to Sh7 billion for the year ended June.

Alcohol manufacturers and distributors are warning that continued closure of bars will cost workers, sorghum farmers and government Sh9.1 billion and 57,000 jobs in three months to September unless the businesses are reopened.

The Alcoholic Beverages Association of Kenya (Abak), which brings together key players such as Kenya Breweries Limited (KBL), says the measure has hurt consumption and triggered reduced demand for products such as barley and wheat used to produce the beverages.