Economy

February 26, 2021

Twitter launches paid super flow function to let users charge for content

Twitter has outlined an ambitious plan to increase its revenue from 3.7 billion dollars (Ksh406.2) to 7.5 billion dollars (Ksh823.4)…
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February 25, 2021

Carbacid’s proposed buyout of BOC Kenya could hit a snag over share valuation

Carbacid Investments has reported a 17.7 percent increase in its half year net profit for the half year period ended…
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February 25, 2021

Kenyans worth over Ksh100 million, their interests revealed

The number of high-net-worth people in Kenya are individuals with a net worth of over $.1 million or Ksh.109 million.…
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February 24, 2021

Over 200 jobs up for grabs as Carrefour opens new branch at Westgate Mall

Carrefour Supermarket has opened another branch in Nairobi’s Westlands at the Westgate Mall bringing in total its number of stores…
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February 24, 2021

Faulu Bank to lend Ksh.3 billion to SMEs to boost growth

Faulu Microfinance Bank has set aside Ksh.3 billion as a loan facility to help struggling businesses in the country get…
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February 23, 2021

Laikipia county mulls issuance of ksh.1.4 billion bond

Laikipia County plans to issue a Ksh.1.4 billion bond in the near future to fund capital-intensive development projects in the…
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February 23, 2021

Average wages rose in 19 countries despite coronavirus bite

While the coronavirus pandemic has been characterized by global economic contraction, reduced labor hours, pay cuts, and unemployment – the…
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February 23, 2021

Clinical officers call off their 70-day strike after court order

Kenya Union of Clinical officers (KUCO) has suspended its 70-day strike due to a court order that was issued on…
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February 23, 2021

Report: Debt levels in emerging, developing economies rose to 8.7% in 2020

Debt in Emerging Markets and Developing Economies (EMDE) debt rose by 8.7 percentage points in 2020, according to the International…
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February 23, 2021

Kenya to open 82.6% of trade value to U.K over 25 years

The Kenyan government is defending the proposed economic partnership agreement between Kenya and the United Kingdom where it is expected…
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