Markets
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Asian stock markets react.
Tokyo stocks closed lower on Wednesday on risk-off sentiment after the launch of a formal impeachment inquiry against President Donald…
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European stock markets fall amidst impeachment proceedings against President Trump
Europe’s stock markets slid at the start of trading on Wednesday following falls in Asia, as US Democrats launched formal…
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Mumias Managers and Directors ordered to submit statement of the company’s affairs
The Management and Directors of Mumias Sugar Company have been instructed to submit a statement of the company’s affairs within…
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CMA goes hard on entities seeking to raise capital from the public
The Capital Markets Authority (CMA) has issued tough rules on entities seeking to raise funds from members of the public…
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Mumias Sugar placed under receivership by KCB Group over debt
KCB Group has placed the Mumias Sugar Company under receivership following the execution of a lenders agreement deed dating back…
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CBK says it will not extend 30th September deadline for withdrawal of old KSh.1000 notes
You have until 5 pm on Monday to hand in any old 1000 shilling notes in your possession or else…
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CBK retains base lending rate at 9% for the 16th straight month
The Central Bank of Kenya (CBK) has retained the base lending rate at nine percent for the 16th consecutive month…
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Mombasa Port on track to handling 1.4m containers by end year
The port of Mombasa is on track to achieve its target of 1.4 million containers by the end of the…
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EAPC fires its managers in cost cutting restructuring plan
East Africa Portland Cement Company (EAPC) issued 136 supervisors and managers dismissal notices last week in a cost-cutting restructuring plan. …
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Bank of Japan leaves policy unchanged after FED rate cut
The Bank of Japan on Thursday warned of increasing downside risks for the global economy but held off on further…
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