Year: 2022
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Corporate
KMRC’s first corporate bond oversubscribed by 480% to Ksh.8.1 billion
Kenya Mortgage Refinance Company’s (KMRC) first tranche of the Medium Term Note (MTN) was oversubscribed by 480 percent to collect…
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Economy
Kenya’s Ksh.500 billion nuclear plant to employ over 10,000 youth
The Nuclear Power and Energy Agency is finalizing plans for the construction of a Ksh.500 billion nuclear power plant in…
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Corporate
SACCOs challenged to develop fresh models to attract growth
Savings and Credit Cooperative Societies (SACCOs) have been directed to conduct their Annual General Meetings (AGM) before the end of…
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Commodities
Oil price up 13% to Ksh.11k in 7yrs on Russia, Ukraine tension
Oil prices surged Tuesday, February 22, 2022, on fears that rising tensions between Ukraine and Russia could disrupt supplies around…
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Economy
World Bank expresses interest to partake in Ksh.180 billion Nairobi-Mau highway construction
The private sector arm of the World Bank, International Finance Corporation (IFC), has expressed interest to take part in financing…
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News
Mumias Sugar administrator Rao asked to come clean on financial statements since appointment date
A Law Firm has written to Mumias Sugar Company Limited Receiver Manager and Court Appointed Interim Administrator, Mr. Ponangipalli Venkata…
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Economy
Kenya staring at high inflation on ongoing Ukraine, Russia brawl
Kenyans are staring at a high cost of living in the near future due to the ongoing diplomatic brawl between…
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Finance
NA Majority leader Kimunya responds to UDA MPs over budget making process
The National Assembly Majority Leader Amos Kimunya has told-off Members of parliament who he alleged were in efforts geared towards…
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Corporate
MPs summon Poster boss over unaccounted Ksh.168 million
The National Assembly’s Public Accounts Committee has summoned postmaster-general Dan Kagwe to account for Ksh.168 million from non-remittance that was…
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Markets
How Kenya is making home ownership possible for low income households
Rachel Mwangangi is getting ready to move into her dream home in Nairobi, within the first quarter of 2022. It…
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