Markets
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Oil marketers ordered to release fuel to rural areas
The Ministry of Petroleum directed big Oil Marketers Companies (OMC) to sell available stocks to independent dealers to ease a…
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Treasury raises over Ksh.33 billion from three-year bond sale
The Treasury raised Ksh.33.1 billion from the sale of the three-year bond, falling short of the Ksh.40 billion targets. The…
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Mobile lenders to inform borrowers of listing with CRBs month prior
Digital lenders are now required to notify loan defaulters a month prior, before presenting their names to the Credit Reference…
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List of shareholders at TotalEnergies, their percentage share
Kenya has been gripped by a fuel crisis for almost a month now, with the government admitting that it contributed…
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Jumia inks deal with UPS to expand logistics services across Africa
Jumia and UPS a Global logistics and package delivery company announced a partnership giving UPS access to Jumia’s last-mile logistics…
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Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
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EPRA explains reason behind fuel shortage in Kenya
The Energy Petroleum and Regulatory Authority (EPRA) says the government has delayed compensating Oil Marketing Companies (OMC), a reason behind…
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TotalEnergies issue Ksh.1.31 dividend on slumped Ksh.2.7 billion net profit
TotalEnergies has declared a Ksh.1.31 dividend per share for its shareholders after it posted a Ksh.2.7 billion profit for the…
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Kenya’s inflation in March up 5.6% from 5.1% in February on Russia, Ukraine war
Inflation in Kenya for the month of March soared to 5.6 percent down from 5.1 percent in February to indicate…
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CBK bags over Ksh.7.1 billion at treasury bill weekly auction
The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on…
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