Markets
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Inflation, new tax rules shrink Kenya’s private sector growth
Kenya’s private sector has experienced a setback in its growth according to the latest Purchasing Managers’ Index (PMI) by Stanbic…
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Pakistan lifts contentious attestation tariff on Kenya’s tea export
Pakistan has removed the contentious attestation tariff on Kenya’s tea export, a major boost that will see improved trade collaboration…
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Laikipia County applies for infrastructure bond approval from Treasury
Laikipia Governor Ndiritu Muriithi has already applied for a National Treasury guarantee for the County’s Ksh.1.16 billion infrastructure bond. Governor…
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Fast-rising digital lending sector still remains untapped, study shows
The uptake of digital credit services in Kenya continues to experience explosive growth since the launch of M-Shwari in 2012…
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WPP Scangroup emerges top gainer on NSE despite posting Ksh.1.7 billion loss
The troubled WPP Scangroup led Wednesday’s top gainers on the Nairobi Securities Exchange (NSE) when its shares edged up 12.78…
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Naivas launches product to relieve customers burden of coins as change
Naivas Supermarket has launched a micro-savings product, which will see its customers save their spare change while doing shopping. The…
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Asian shares plummet on slow-growth fear as dollar stays near three-week low
Bt Reuters Asian shares slumped on Wednesday while the dollar inched back from three-week lows, as worries about slowing global…
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Oil prices mixed after hurricane Ida hits U.S. Gulf rigs, refineries
Oil prices have pared early gains, falling back from more than three-week highs reached earlier in the session, as a…
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Kenya Shilling depreciates against US Dollar to close at Ksh.109.8
The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at Ksh.109.8, from Ksh.109.5 recorded…
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CMA admits Acorn to Sandbox
The Capital Markets Authority (CMA) has admitted acorn investment management limited to the regulatory sandbox for one year. CMA chief…
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