Markets
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CBK releases Ksh7.4 bn into government to help fight coronavirus
The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge has released Ksh7.4billion to the Government’s Consolidated Fund to support…
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EABL to acquire 30 p.c shareholding in Serengeti breweries
East African Breweries Limited (EABL) has issued a precautionary statement to its shareholders over its intentions to purchase 30 percent…
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Traders warned against hiking commodity prices amid COVID-19 outbreak
President Uhuru Kenyatta has warned traders against hiking prices of commodities, products and services in the wake of coronavirus outbreak.…
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Coronavirus: Commercial Banks to renegotiate loan repayment with borrowers
Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge on Wednesday announced that banks had taken measures to prevent the…
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Kenya allows cargo vessels into Mombasa port despite lockdown
The government has allowed cargo vessels into Mombasa port, even after restricting foreign travel and closing all schools amid coronavirus…
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Impact of Coronavirus on Kenya’s economy
By Nancy Marende | Coronavirus may have a 10.0 percent impact on Gross Domestic Product (GDP) in the event the…
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Fed Reserves cut rates to a record low of 0.25 p.c
The America Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move…
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Coronavirus: Tuskys allays fears of commodity shortages and price hikes
Tuskys Supermarket has allayed fears of an alleged shortage of products in its stores in the wake of panic shopping…
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Kenyan shilling edged down on confirmed COVID-19 case
The Kenyan shilling edged down on Friday after the government confirmed the first case of coronavirus (COVID-19) At 12.52 pm,…
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Markets plunge as Italy locks down to contain spread of COVID-19
Financial markets around the world crashed Monday as the trading week opened with some of the heaviest falls since the…
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