Markets
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CMA under fire for approving unregulated products
The Capital Markets Authority (CMA) came under fire over its failure to oversight entities resulting in the loss of over…
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Crude oil price at highest since October 2018
Oil prices extended gains on Tuesday, with Brent and West Texas Intermediate hitting their highest since 2018 on expectations that…
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KenGen to earn Ksh.119 million from Climate Action Carbon Credits
Kenya Electricity Generating Company (KenGen) is set to benefit from its Clean Development Mechanism (CDM) Projects further giving impetus to…
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China bans its largest taxi-hailing service, Didi
China has banned its largest ride hailing service, Didi, from app stores citing cybersecurity risks for its customers. In a…
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Munya tells off CMA over coffee regulations [video]
Agriculture Cabinet Secretary Peter Munya has slammed the Capital Markets Authority (CMA) for attempting to regulate coffee brokers. According to…
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Why Facebook is now a trillion dollar company
A United States federal court has dismissed two separate anti-trust lawsuits filed against Facebook, resulting in the social networking giant’s…
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CMA issues licences to 5 coffee brokers
The Capital Markets Authority (CMA) has issued the first set of licenses to five coffee brokers in line with the…
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Family Bank raises Ksh.4 billion from bond
Family Bank has raised Ksh.4 billion from the first part of its new corporate bond issuance. The first tranche of…
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BIS gives Central banks go ahead on digital currency
The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), a…
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Oil prices slip after upbeat session
Oil prices declined on Tuesday, giving up some of the gains they had scored in the prior session. The West…
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