Markets
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Barclays Bank half year profit up by 2% to Ksh3.9 billion
Barclays Bank of Kenya has reported a profit after tax of Sh3.9 billion for the period ended 30th June 2019,…
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Kenya in rush to secure Ksh2.7 billion horticulture market in Australia as deadline looms
Kenya’s exporters of cut flowers to Australia have a reason to smile after receiving a nod to import Fumigation gas,…
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KCB, NBK union enters final stage
Kenya Commercial Bank (KCB) will waive the option to have National Bank of Kenya (NBK) delisted from the Nairobi bourse…
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Stanchart half-year net profit up 5.6% to Ksh.6.9 bn
Standard Chartered bank Kenya recorded a 5% growth in pre-tax profits to ksh6.9 billion, attributed to a 70% drop in…
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KQ records Ksh.8.6 billion loss in 2019 half year results
By Victoria Amunga/…National carrier Kenya Airways (KQ) has posted a pretax loss of Ksh.8.56 billion in its 2019 half year…
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Trade CS Munya on the spot over Ksh.10 bn edible oil
The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
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Paxful to expand Bitcoin access in East Africa
Paxful has unveiled plans to expand its business in the Kenya and East Africa the company envisions its move to…
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Ksh.81 billion lent by Safaricom in 6 months on Fuliza
Safaricom outlaid an estimated Ksh81 billion in digital loans on its M-Pesa’s overdraft facility Fuliza in the six months to…
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NSE 20-Share Index falls below 2,500 points as bear run deepens
The Nairobi Securities Exchange (NSE) 20-Share Index slipped below 2,500 points Wednesday, deepening the bear run at the bourse as…
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Co-op Bank posts a Ksh.7.5 bn profit in its half year results
The Cooperative Group has announced a 5.6% jump in its half-year earnings to Ksh.7.5 billion. The marginal rise in net…
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