Finance
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KQ adopts cost-cutting strategies to navigate the pandemic
The national carrier, Kenya Airways (KQ) is working to shift from fixed employment costs to a productivity-based cost as it…
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IMF releases second batch of Ksh.255 bn credit facility to Kenya
The International Monetary Fund (IMF) has cleared Kenya to receive its second batch of an advanced loan facility of Ksh.43.8…
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Britam inks deal with Koa to aid savings, investments for as little as Ksh.100
Britam has partnered with a Kenya-based fintech startup Koa, a deal that will enable Kenyans to start saving with as…
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Kenyans living abroad sent home Ksh.34 billion in May
Kenyans living and working abroad sent home a record high Ksh.34 billion in May this year, the highest inflows ever…
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KRA announces new revenue collection system for Nairobi
The Kenya Revenue Authority (KRA) has announced a new revenue collection platform for Nairobi City County. KRA says Nairobi revenue…
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Banking sector to hold week-long Inua Biashara summit for MSMEs
The Kenya banking industry under the umbrella of the Kenya Bankers Association (KBA) will host the second Inua Biashara Summit…
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Kenya picks Citi, JP Morgan as lead managers for Dollar sovereign bond
Kenya has picked JP Morgan and Citi as lead managers for its upcoming Ksh.107.7 billion (US$1.billion) Eurobond issue. According to…
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Kenya’s economy to rebound to 6.6% in 2021
The Kenyan economy is expected to rebound to 6.6 percent in 2021 through the government’s intent to better the microeconomic…
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Kenya to spend nearly Ksh.2.6 billion daily in debt financing beginning July
All eyes are on National Treasury Cabinet Secretary Ukur Yatani ahead of budget reading this afternoon for the 2021/2022 budget…
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Ascent raises Ksh.10.8 billion as it announces first close of Ascent Rift Valley Fund II
African SME private equity fund manager, Ascent has announced the first rolling close of its Ascent Rift Valley Fund II…
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