Economy
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Kenya Set to Receive Ksh.1.5 billion from World Bank
Before June this year, Kenya would have received between $1 billion to $1.5 billion from the World Bank. The funds…
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Another Court Blow to Ruto Over Sugar Millers Privatisation
High Court in Nairobi issued a ruling temporarily stopping the sale of four sugar milling companies. Justice Chacha Mwita put…
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Toyota Sets Aside Ksh.800 Million for Car Plant in Kenya’s Thika
Kenya and Toyota Tsusho Corporation of Japan have signed a framework agreement for collaboration in vehicle manufacturing and renewable energy…
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Financial Struggles Among Kenyans as 84% Lack Faith in State
Old Mutual unveiled its financial service monitor on February 7 at the Radisson Blue in Nairobi, with a report painted…
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Sub-Saharan Africa Financing Conditions Tough, Says IMF
The International Monetary Fund says financing conditions for sub-Saharan African economies are likely to remain constrained for a while amid…
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List of Africa’s Billionaires in 2024; Who Are They?
The wealth of Africa’s richest individuals has seen a slight increase over the past year and has reversed the previous…
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Niger Suspends Issuing New Mining Licenses
Niger has temporarily suspended the granting of new mining licences and will begin an audit of the sector. In a…
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Court of Appeal Directs Govt to Halt Housing Levy Deductions
Court of Appeal directed the government to cease deductions related to the Housing Levy on Friday until all pending lawsuits…
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South Africa Keeps Interest Rate Unchanged at Amid Inflation Concerns
The South African Reserve Bank (SARB) has kept its key repo rate at 8.25%, the highest level since 2009, as…
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Metropol CRB CEO Kipyakwai Calls for Economic Policy Reforms to Match Current Realities
Metropol CRB Chief Executive Officer, Gideon Kipyakwai, has called upon policymakers to reform the country’s economy to suit the current…
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