Collins Ogutu
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Markets
CAK Cracks Down on Hidden Bank Charges, Demands Transparency
The Competition Authority of Kenya (CAK) is taking a firm stance against hidden bank charges, demanding greater transparency in lending…
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Economy
KBA Challenges Kenyan Businesses to Leverage Slashed Rates for Growth
Kenyan businesses have been challenged to leverage current lower interest rates and engage actively with banks to access credit, even…
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Corporate
Absa Bank Invests Ksh.60 Million in the 2025 Magical Kenya Open
Absa Bank Kenya PLC has committed Ksh.60 million to sponsor the 2025 Magical Kenya Open (MKO). This sponsorship reinforces their…
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Economy
Kenya’s GDP Slows Down in H2 2024 to 4.7%
Kenya’s economy slowed down in the second half of 2024, with GDP growth dropping to 4.7% from 5.6% in 2023,…
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Kenya
Win for Busia SMEs as County Disburses Ksh.111 Million for Affordable Credit
Busia County has disbursed Ksh.111 million to promote the growth of cooperatives and Small and Micro-Enterprises (SMEs). The funds will…
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Kenya
CBK to Penalise Banks for Charging Kenyans High Interest Rates
The Central Bank of Kenya (CBK) has begun on-site inspections of commercial banks to ensure they comply with the Risk-Based…
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Kenya
CBK Cuts Benchmark Lending Rate to 10.75
The Central Bank of Kenya (CBK) cut its benchmark lending rate by 50 basis points to 10.75 percent on Wednesday,…
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Kenya
Kenya Seeks New IMF Funding as April Programme Nears Conclusion
Kenya has announced plans to secure a one-year financial assistance package from the International Monetary Fund (IMF), with negotiations already…
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Corporate
Uber Earnings 18% up to $770 Million on spiked Demand for Services
Uber Technologies year-on-year profit before tax increase to $770 million for the three months ending December 31, 2024, an 18…
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Economy
Kenya’s Private Sector Confidence Dips Amid Tough Business Environment
Kenya’s private sector confidence has taken a hit, with businesses bracing for a more challenging year due to rising costs…
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