Markets
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Norfolk hotel returns to business after 21 months of closure
The renowned Fairmount The Norfolk is set to reopen its doors to customers in April 2022 after staying out of…
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IEA members to release 60 million barrels of oil amid commodity shortage fears
Member states of the International Energy Agency (IEA) agreed on Tuesday to release 60 million barrels of oil from storage,…
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Kenya to resume exporting avocado oversea
Kenya will start exporting avocado once again to join the league of Mexico and Peru as the world’s largest export…
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Import costs set to raise as shilling weakens further against dollar
The Kenyan shilling is now under new pressure against the US dollar after it hit a new record low Monday,…
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DStv restricts streaming services to one device at a time
DStv will start limiting streaming services to only one device effective March 22, 2022, in Kenya and other African markets.…
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NSE tumbles to shed Ksh.92 billion on Russia, Ukraine tension
The investor jitter fueled by the ongoing Russian invasion of Ukraine has resulted to the Nairobi Securities Exchange (NSE) losing…
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Exchequer eyes Ksh.50 billion from March bonds
The National treasury wants Ksh.50 billion from the bonds that have been re-opened for auction by the Central Bank of…
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Kenya shilling weakens to its lowest on Ukraine, Russia tensions
The value of Kenya shilling hit its record low Thursday to trade 113.8 units against the dollar on Russia, Ukraine…
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Ten steps to consider before executing forex trade
Forex trade can be confusing for someone who might be a beginner. This will lead to the person experiencing various…
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KMRC’s first corporate bond oversubscribed by 480% to Ksh.8.1 billion
Kenya Mortgage Refinance Company’s (KMRC) first tranche of the Medium Term Note (MTN) was oversubscribed by 480 percent to collect…
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