Lawrence Baraza
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Commodities
Costly food prices push Kenya inflation at 10-year high of 9.2%
Inflation in Kenya hit 9.2 percent all-time high in September owing to high cost of food and fuel. It is…
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Markets
CBK pays Ksh.4 billion in dividend to consolidated account at Treasury
The Central Bank of Kenya (CBK) has paid in dividend, Ksh.4 billion to the Government Consolidated Fund (GCF) under the…
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Economy
Top Siaya County officials stole Ksh.400 million weeks to General Election
Top Siaya County government officials have been accused of presiding over the corruption syndicate which saw over Ksh.400 million stolen…
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News
How CIS mechanism works in the credit market
The excitement around financial inclusion in Kenya is not without merit owing to innovative aspects of Fintechs and banks. This…
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Economy
Kenya’s budget to drop 9% to Ksh.3.01 trillion as Ruto rethinks strategy to shrink debt
Kenya’s 2022/23 National Budget will drop by 9 percent to Ksh.3.01 trillion from the current Ksh.3.31 trillion as President William…
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Economy
NMS hands over all its functions to Nairobi County
The Nairobi Metropolitan Service (NMS) has handed over all its functions back to the County Government of Nairobi. This followed…
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News
What it means for Kenyans as CBK raises benchmark lending rate to 8.25%
The Central Bank of Kenya (CBK) raised the benchmark lending rate by 0.75 basis points to 8.25 Thursday for fear…
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Economy
Prudential inks deal with Akili Kids on financial literacy among children
Prudential Plc through its community investment arm, Prudence Foundation, has partnered with the free-to-air Television station Akili Kids, to teach…
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Finance
Ruto meets CBK, Safaricom bosses as he challenges CRBs to review their listing mechanism
President William Ruto met major financial institution bosses in the country Wednesday, at Norfolk Hotel, Nairobi to chat a new…
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Finance
Safaricom taps more revenue on Fuliza after introducing 40% discount for its 6.9 million customers
Safaricom introduced a 40 percent discount on Fuliza loans effective October 1, 2022 as the firm employs new ways to…
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