Economy
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Kenya to receive second payment of IMF’s Ksh.255 bn loan facility
The International Monetary Fund (IMF) has cleared Kenya to receive its second batch of an advanced loan facility of Ksh.44.07…
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New Airline launches direct flight to Kisumu from JKIA
Local air carrier, 748 Air Services has announced plans to roll out daily direct flights from the Jomo Kenyatta International…
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Dubai hotels to operate at full capacity as UAE relaxes COVID-19 restrictions
Dubai has officially eased COVID-19 restrictions allowing hotels in the regional tourism hubs to function at full capacity. The Government…
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Transcentury proposes Rights Issue to boost its turnaround strategy
Listed investment firm, Transcentury Plc has proposed to undertake a Rights Issue to raise funds as part of its turnaround…
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Lamu seaport set for Thursday’s launch of transshipment operations
The newly built Port of Lamu code-named Lamu South Sudan Ethiopia Transport (LAPSSET) Corridor will receive its maiden cargo vessel…
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Four start-ups to pilot smart solutions at Konza Technopolis
Four start-ups will pilot their innovations at the Konza Technopolis in a bid to provide solutions for the residents and…
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Kenya suspends flights to and from Somalia
The government of Kenya has suspended all flights to and from Somalia. In a notice (Notam Report) to airmen on…
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Pension institutions set aside Ksh.3 million to train 10,000 people on financial literacy
Institute of Pension Management (IPM) and the School of Pension and Retirement Studies (SPRS) have partnered to jointly offer financial…
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CDC Group extends Ksh. 10.6 billion loan to ETG
The United Kingdom’s Development Finance Institution and impact investor, CDC Group has announced a KSh. 10.6 billion (US$100 million) debt…
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Shelter Afrique signs KSh. 160 bn. housing deal with the Government of South Sudan
Pan-African housing development financier, Shelter Afrique has signed a Memorandum of Understanding (MoU) with Juba-based Real Estate Firm, Triangle Real…
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