Month: January 2022
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Economy
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
The International Finance Corporation, a member of the World Bank has lent Ksh18.6 billion to the Kenyan banking subsidiary of…
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Agriculture
Kakuzi issues profit warning on low avocado production
Kakuzi PLC has issued a profit warning notice to their investors on anticipated lower full-year earnings. The company’s earnings will…
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Economy
Brace for high cost of energy on imminent dry season
The cost of electricity in the country is set to rise due to an imminent dry season that is expected…
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Corporate
Mumias Suagr investor begins work after Odinga directive
The new Mumias Sugar investor, Sarrai Group has kicked off work in what could appear as the miller’s revival after…
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Politics
President Kenyatta eulogizes ex-Nakuru Mayor Ngeta as symbol of Kenya’s independence struggle
President Uhuru Kenyatta has mourned former long-serving Nakuru Mayor Joseck Thuo Ngeta as an icon of Kenya’s progress through the…
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Politics
EACC boss Mbarak elected African representative of Global Anti-Corruption Executive Committee
The Ethics and Anti-Corruption Commission’s (EACC) Chief Executive Twalib Mbarak has been elected to the executive committee of the International…
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Corporate
NSE extends suspension from trading KQ share for further 12 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
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Economy
Blow to motorists as court declines to shoot down car comprehensive cover increase
Motor vehicle owners have been dealt a major blow as underwriters move to increase premiums by more than half the…
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Markets
Investor confidence up on digital sector after CBK takeover
Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector. According to…
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