Economy
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Banda Homes Placed Under Liquidation as Buyers Mount Pressure
Embattled property developer Banda Homes has officially been placed under liquidation, bringing about a turn in a months-long saga of…
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EADB, OPEC Fund Sign $40 Million Facility for SMEs in EAC
The East African Development Bank (EADB) has today formalized a US$40 million loan agreement with the OPEC Fund for International Development to…
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Digital Lenders Push for Credit Market Reforms to Unlock Capital for Underserved
Digital lenders in Kenya are calling for the removal of regulatory and structural barriers in the credit market to unlock…
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All Eyes on Treasury CS Mbadi as He Reads His First Budget
John Mbadi will present his first budget since assuming the reigns at Treasury on Thursday on Thursday, as he looks…
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State Revives Sugar Board to Restore Investor Confidence in Ailing Sector
The Kenyan government has revived the Kenya Sugar Board (KSB) in what is seen as a way of restoring investor…
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Rwanda Quits Central African Bloc in Dispute with Congo
Rwanda has said it would withdraw from the Economic Community of Central African States (ECCAS), underscoring diplomatic tensions in the…
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Kenya Proposes Removing Financial Data Privacy Protection in 2025 Finance Bill
The Kenyan government is seeking to repeal a legal provision that protects personal and customer financial data from taxman, potentially…
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Isuzu, KBL Save Ksh.26 Million Annually in New Energy Management Regulations
Isuzu East Africa Limited (Isuzu) and Kenya Breweries Limited (KBL) have set a new benchmark in sustainable industrial practices, earning…
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Kenya’s Economy to Grow Slowest in 2025 at 4%, Says World Bank
Kenya’s economic growth is projected to decelerate in 2025, primarily due to escalating public debt and fiscal constraints, according to…
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List of Candidates Seeking to Succeed Dr. Adesina as AfDB President
Five contenders are set to battle it out for the presidency of the African Development Bank (AfDB) on Thursday during…
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