News
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Government to lower deficit through technology and wider tax base
The government has expressed commitment to reduce the country’s budget deficit from the current 7.7% in 2018/2019 to a low…
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Oil prices rise as investors put hopes on China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering…
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China’s state telecoms to launch 5G services on Friday
China’s three state telecoms on Thursday announced the roll-out of 5g mobile phone services, marking a key step in Beijing’s…
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Fiat Chrysler and Peugeot join forces to create world’s no.4 carmaker
Fiat Chrysler and Peugeot’s owner PSA said on Thursday they would join forces through a 50-50-share swap to create the…
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Kenya’s economy to grow at a faster pace in 2020; Says World Bank
Kenya’s economy is likely to expand by 6.0% next year, rising from projected growth of 5.8% this year, due to…
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Twitter to ban all political advertisements; Says CEO Jack Dorsey
Twitter CEO Jack Dorsey said on Wednesday that the platform will ban all political advertisements starting November 22. According to…
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Flour prices set to go higher, millers warn
White maize traders have increased the price of a 90-kg bag of maize from current Ksh3,700 to Ksh4,000. The hike…
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Counties are yet to pay Ksh2.4 billion owed to KEMSA
County governments are yet to pay Kenya Medical Supplies Authority (KEMSA) Ksh2.4 billion for medicine supplied this year. While appearing…
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More than 40 people killed in Cameroon landslide
Over 40 people have been confirmed dead in Western Cameroon due to a landslide that was experienced in the overnight…
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Expect lower returns on investments; CBK tells bank owners
Repealing of interest rate cap in the country has culminated into a warning by Central Bank of Kenya (CBK) on…
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