Economy
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Tech solutions firm VasPro appreciates tennis star Angela, offers financial help
Tech solution firm Vaspro has today shown appreciation to tennis sensation Angela Okutoyi after she made history by becoming the…
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Revealed: Martha Karua is worth Ksh.150 million
Martha Karua has a net worth of Ksh.150 million. The Azimio presidential candidate made the revelation Tuesday during the deputy…
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Kenya receives extra Ksh28 billion loan from IMF
The International Monetary Fund (IMF) has approved the release of a Ksh.28 billion ($235.6 million) loan to Kenya. The new…
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Uganda’s central bank hikes interest rate to 8.5% to tame rising inflation
The Bank of Uganda (BoU) is increasing the interest rate by one percentage point from 7.5 percent to 8.5 percent…
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Nairobi County to pay lawyer Kipkorir Ksh.1.3 billion as compensation fee
A court in Nairobi has ruled in favour of lawyer Donald Kipkorir over legal compensation fee following a court battle…
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NIFC launches in Kenya with Ksh.235 billion investment plan
The Nairobi International Financial Centre (NIFC) has been launched in Kenya, a flagship initiative under the economic pillar of Kenya’s…
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Phone importation into Kenya goes up as govt imposes 10% levy
Importing mobile phones into Kenya will cost importers extra shillings effective July 1, 2022. This is after President Uhuru Kenyatta…
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Kenya’s inflation at 5-year high of 7.9%
Kenya’s inflation accelerated to a record high in June amid increased costs of food and high fuel prices which have…
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KRA announces mass property auction including 194 high-end cars; how to pace bid
The Kenya Revenue Authority (KRA) has invited interested bidders for its auctioning exercise scheduled for two days beginning June 28,…
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British International Investment to invest up to Ksh.23 billion in African hydropower
British International Investment, the UK’s development finance institution, is joining Norfund, the Norwegian Investment Fund for developing countries, in its…
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