Economy
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Parliament approves Treasury’s request to raise public debt ceiling to Ksh9 trillion
Members of Parliament on Wednesday approved the National Treasury’s request to raise public debt ceiling to Ksh9 trillion from the…
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M-Pesa among top 10 most influential finance projects globally
M-Pesa has been rated as one of the top 10 most influential financial projects in the world by Project Management…
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Turkey opens ground assault on Syria’s Kurds; U.S. Republicans turn on Trump
Turkish troops and their Syrian rebel allies attacked Kurdish militia in northeast Syria on Wednesday, pounding them with air strikes…
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Samsung flags 56% dip in Q3 operating profit
South Korea’s Samsung Electronics Co Ltd said on Tuesday (Oct 8) its third-quarter operating profit likely fell 56 per cent…
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Cytonn seeks approval for KSh. 2 billion real estate.
Investment management firm, Cytonn investments is seeking the capital markets authority’s nod to register a Development Real Estate Investment Trust…
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KRA vows to meet tax targets for financial year 2019/2020
The Kenya Revenue Authority (KRA) has exuded confidence in meeting the Ksh2.12 trillion tax target for the year 2019/20 through…
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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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