Lawrence Baraza
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Markets
BIS gives Central banks go ahead on digital currency
The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), a…
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Health
Uganda closes parliament amid surging COVID-19 cases, deaths
Uganda on Tuesday announced the closure of parliament for 14 days as a second wave of COVID-19 continues to devastate…
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News
MPs reject taxes on Ugali, Bread
The National Treasury has been dealt a blow over its intent to impose tax on various basic commodities like staple…
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Corporate
Britam inks deal with Koa to aid savings, investments for as little as Ksh.100
Britam has partnered with a Kenya-based fintech startup Koa, a deal that will enable Kenyans to start saving with as…
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Agriculture
KTDA’s new board sends CEO, top executives on compulsory leave
A showdown is looming within the Kenya Tea Development Agency (KTDA) with two factions laying claim on the leadership of…
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Agriculture
KTDA shareholders elect new Directors
The Kenya Tea Development Agency (KTDA) has announced its new directors after elections were held on Saturday. According to KTDA…
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Economy
Kenyans living abroad sent home Ksh.34 billion in May
Kenyans living and working abroad sent home a record high Ksh.34 billion in May this year, the highest inflows ever…
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Markets
Bitcoin drops by more than half as China intensifies crackdown
Bitcoin took a nosedive as much as 9 percent Monday as recent volatility in the cryptocurrency market showed no signs…
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Markets
T-Bills remained oversubscribed in the past week
Last week, T-bills remained oversubscribed, with the overall subscription rate coming in at 152.9 percent, a decline from the 181.8…
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Economy
Kenyans to pay higher for electricity bill
Kenyans face steeper electricity bills this month after upward adjustments to ‘non-constant’ tariffs by the Energy and Petroleum Regulatory Authority…
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