Economy
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CBK retains benchmark lending rate at 7%
The Central Bank of Kenya (CBK) has retained the Central Bank Rate (CBR) at 7 percent on the account that…
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Massive losses as the Evergreen ship starts to move in Suez Canal
A huge container ship that has been wedged in the Suez Canal for almost a week started to move on…
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Huduma Centres scale down operations due to COVID-19
Huduma Centres across the country have revised their operational hours following a Presidential address on Friday, March 26 to help…
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Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.
Equity Bank reported an 11 percent drop in net profit for the year 2020 to Ksh.20.1 billion. The profit dip…
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KEPSA proposes new containment measures to curb spread of COVID-19
The Kenya Private Sector Alliance (KEPSA) now wants President Uhuru Kenyatta to institute additional stringent measures in order to contain…
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KAM urges government to harmonize laws to drive competitiveness
Manufacturers in Kenya now want the government to harmonize laws, policies and regulations, at the national and county levels, to…
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Facebook introduces VAT in Kenya
Social media giant, Facebook, has introduced taxes in Kenya effective April 1, 2021. The taxes will be applicable to advertisers…
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Civil society organization blame tax evasion for rising debt levels
It is now emerging that companies are the highest sources of illicit financial flows in the country. According to the…
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Major employers scrap plans to cut back on offices
A survey by the global accounting firm, KPMG now shows that most major global companies no longer plan to reduce…
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Kenya completes a 10-year master plan for science and technology parks
The Ministry of Education has completed a 10 year Master Plan for Science and Technology Parks (STPs) in Kenya at…
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