Economy
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Kenya’s economic growth stagnated at 5.6 p.c during Q2 of 2019
Kenya’s economic growth between April and June in 2019 stagnated at 5.6 percent for a second consecutive quarter. The growth…
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US embassy in Somalia reopened after 28 years
"[It] is another step forward in the resumption of regular US-Somalia relations, symbolising the strengthening of US-Somalia relations and advancement…
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SportPesa off the market, sends home all of its employees
On September 27, Sportppesa put to a halt its operation in Kenya after long months of protracted legal battle with…
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All ranitidine drugs recalled from the market over cancer risk
The government has recalled all ranitidine products from the Kenyan market following the discovery of impurities in the drugs used…
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Efficiency at Mombasa port sees KPA record a 9.9% growth in revenue
The Kenya Ports Authority recorded a 9.9 percent growth in revenue between January and August compared with the same period…
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SWVL suspended in Kenya after pumping in Ksh1.5 bn in transport sector
Ride-hailing shuttle SWVL was on Monday suspended by National Transport and Services Authority (NTSA) just a month after it pumped…
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Deadline to phase out of Kenya’s Sh1,000 notes arrives
When the Central Bank of Kenya and the 42 commercial banks in the country shut doors to their branches Monday,…
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Little shuttle, SWVL cry foul over pressure to shut down operations in Kenya
Ride-hailing tech firm, little shuttle is under immense pressure to close down its business by October 1. According to the…
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Uchumi granted 30 days to engage banks over Ksh2.8 billion debt
The High Court Commercial and Tax Division has granted Uchumi an additional 30 days to engage banks over the settlement…
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Kenya, Cote d’Ivoire rated top on Trade20 index globally
Kenya and Cote d’Ivoire have emerged top globally on the Trade20 index having most rapidly improved their trade growth potential…
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