Year: 2019
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Business
Fitch affirms Kenya at ‘b+’; outlook stable
Fitch ratings have affirmed Kenya’s long-term foreign-currency issuer default rating at ‘b+’ with a stable outlook. The ‘b+’ rating reflects…
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Business
Coffee farmers to sell coffee directly to the US
Kenyan farmers can now through the Zabuni platform sell coffee direct to the United States and double their returns. Zabuni…
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Business
Telkom-Airtel merger conditions
349 employees out of 674 employees of Telkom Kenya will be spared from being laid off once Airtel Kenya completes…
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Business
Choppies to exit Kenya
Botswana-based retailer, Choppies is set to exit the local market by February next year. The supermarket has indicated in its…
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Business
Ex-Sudan president Bashir sentenced to two years in detention for corruption
Omar al-Bashir, the former Sudan President was on Saturday sentenced to two years in detention after being found guilty over…
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Business
Kenyan shilling firm on diaspora remittances
The Kenyan shilling was firm on Monday with inflows from diaspora remittances meeting dollar demand from merchant importers and the…
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Business
West Kenya counties challenged to harness their potential
Counties in Western Kenya have been challenged to formulate strategies to grow their contribution to the country’s Gross Domestic Product…
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Business
Outlook for African banks in 2020 turns negative as operating conditions weaken
The 2020 outlook for African banks has changed to negative from stable, reflecting their weakening operating environment, Moody’s Investors Service…
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Business
President Kenyatta signs into law Competition and Insurance Bills
President Uhuru Kenyatta on Friday, signed into law the amended Competition and Insurance Bills, at State House in Nairobi. The…
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Agriculture
Kenya, Uganda to meet over the influx of dairy products
Government officials are set to meet their counterparts in Uganda next week on a mission to verify the origin of…
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