Year: 2022
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Commodities
IEA members to release 60 million barrels of oil amid commodity shortage fears
Member states of the International Energy Agency (IEA) agreed on Tuesday to release 60 million barrels of oil from storage,…
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Commodities
Kenya’s Turkana oil project put on hold
The South Lokichar Basin project has been put on hold after the Canadian oil explorer, Africa Oil, exhausted its funds.…
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Economy
Details reveal amount DP Ruto, Mudavadi will spend on US trip
Deputy President William Ruto together with Amani National Congress (ANC) leader Musalia Mudavadi, Governors Ann Waiguru, Salim Mvurya and Joseph…
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Economy
Why banks are phasing out use of cheques
Cheque volumes and values have continued to fail as individuals and businesses make greater use of electronic payment instruments, particularly…
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Economy
Kenya lays plan to slash budget deficit
Kenya aims to reduce its budget deficit by five percent in the next five years to 2026/27, in order to…
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Agriculture
CS Munya fears fertilizer prices to shoot as Russia intensify offense against Ukraine
Fear of Russia’s invasion of Ukraine is set to hike fertilizer prices in the country where a 50kg bag of…
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Sport
Ni masaa ya Kupewa! Odibets to reward punters with ‘Happy hour’ promo
In a bid to give back to Its loyal customers, one of Kenya’s fastest-growing betting firms Odibets has launched an…
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Commodities
KRA intercepts 101 unaccustomed bags of sugar from Uganda
The Kenya Revenue Authority (KRA) has intercepted a tractor ferrying 101 bags of sugar, each 50Kgs branded Kaliro and Hoima…
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Politics
Kenya Kwanza warns Uhuru against fronting Odinga as successor
Political leaders allied to Kenya Kwanza Alliance have urged President Uhuru Kenyatta not to taint his reputation by engaging in…
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Corporate
KenGen half year pretax profit up 9% to Ksh.7.5 billion
Kenya Electricity Generating Company gained nine percent profit before tax posting Ksh.7.52 billion for the half-year period ended December 31,…
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