Month: May 2023
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Politics
Kenyan expert on international issues weighs in on US spying claims
The United States needs to do some “soul searching” over its “diabolical” spying behaviors on other countries, according to a…
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Economy
Ghana seeks $4 billion from three lenders to shore up ailing economy
Ghana is seeking credit facilities from three multilateral lenders – International Monetary Fund (IMF), World Bank and the African Development…
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Corporate
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
Equity Group Holding posted a 10 percent jump in pre-tax profit to Ksh.16.9 billion on a rising loan book in…
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Corporate
Equity Group receives approval for insurance business in Kenya
Equity Group Holding said on Monday it had received regulatory approval to set up a general insurance business in Kenya,…
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Economy
Ruto’s Housing Fund headache and why it matters
Kenya’s urbanization rate stood at an average of 3.7% as of 2021, higher than the global average of 1.6%. Similarly,…
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Markets
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
Based on market analysis for the past week, Treasury Bills were oversubscribed, with the overall subscription rate at 110.7%, up…
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Economy
Key areas which IMF thinks Kenya has well prioritised for economic recovery
International Monetary Fund (IMF) Managing Director Kristalina Georgieva is in Kenya and met President William Ruto at State House in…
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Economy
Ruto rushes to address Ksh.10bn worth of projects Kenya could lose for locking out japan
Kenya will address the double taxation problem facing projects funded by Japan’s Overseas Development Assistance (ODA). President William Ruto said…
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Finance
Kenya receives Ksh.408 billion from AfriExim Bank
Kenya is set to receive Ksh.408 billion loan from the Africa Import and Export Bank (AfriExim) following a deal that…
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