Markets
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NSE extends suspension from trading KQ share for further 12 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
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Blow to motorists as court declines to shoot down car comprehensive cover increase
Motor vehicle owners have been dealt a major blow as underwriters move to increase premiums by more than half the…
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Investor confidence up on digital sector after CBK takeover
Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector. According to…
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CBK commences regulation of digital lenders
All digital lenders within the Kenyan market space will start being regulated effective December 23, 2021, the Central Bank of…
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List of Kenyans who own TV, Radio stations
There are over 40 TV stations in Kenya many of which are owned by politicians and other powerful businesspeople in…
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Wakanda completes 85% acquisition of Choice Microfinance Bank
Wakanda Network Limited (Wakanda) has successfully finalized the acquisition of an 85 percent shareholding of Choice Microfinance Bank Limited (Choice…
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Why consumers now prefer product purchase in installments against cash first payment
Demand for Pay-As-You-Go financing for products in the East African Market is set to skyrocket in 2022 as more consumers…
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Toyota Kenya launches Hiace assembly plant with 95% asset financing deal
Toyota Kenya has commissioned Hiace assembly line at the Associated Vehicle Assemblers Mombasa. In line with the Buy Kenya Build…
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Forex reserves down by over Ksh.101 billion on shilling depreciation
Kenya’s foreign exchange (forex) reserves have dropped by a huge Ksh.101.16 billion in the last three months to December 9…
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Stanbic, Caetano Kenya ink car financing deal for customers at 0% rate
Stanbic Bank and Caetano Kenya have signed a Vehicle Asset Financing partnership agreement that will see the bank offer customers…
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