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DTB to close six branches by end of October 2021
By Kepha Muiruri,
1546, February 19, 2021 (EAT)
Tier I lender Diamond Trust Bank (DTB) is expected to shut six branches by the end of October as part of efforts to consolidate its physical footprint...
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Kenya saves Ksh.121B from fall of oil prices last year
By Kepha Muiruri,
1354, January 29, 2021 (EAT)
Kenya save Ksh.121 billion ($1.1 billion) in foreign exchange from the fall of international oil prices across 2020. Kenya’s oil bill, which repr...
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Motorists to pay more as fuel prices go up in latest review
By Kepha Muiruri,
647, December 15, 2020 (EAT)
Motorists will pay more for fuel from midnight on Tuesday as the Energy and Petroleum Regulatory Authority (EPRA) effects higher petroleum costs. T...
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Westlands – Parklands best performing node with higher rental yields: report
By Citizen Reporter,
958, December 7, 2020 (EAT)
Westlands - Parklands was the best performing node, recording an average rental yield of 6.1%, according to a report from Cytonn Real Estate. This ...
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Online commerce drives down returns for retail investors
By Kepha Muiruri,
1529, November 23, 2020 (EAT)
Retail real estate investors have marked a further contraction in yields this year owing largely to the accelerated growth of e-commerce under the COV...
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CBK unveils its fourth currency centre in Kisii
By Kepha Muiruri,
1717, October 21, 2020 (EAT)
The Central Bank of Kenya (CBK) has launched its fourth currency centre in Kisii town. The new centre is expected to support the reserve bank’s c...
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President Kenyatta: Economy doing far better than anticipated in spite of COVID-19
By Kepha Muiruri,
1807, August 26, 2020 (EAT)
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...
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Local businesses register improvement after easing of COVID-19 restrictions in July
By Kepha Muiruri,
1856, August 5, 2020 (EAT)
Local businesses marked a significant improvement in activity/output levels last month from a further ease to restrictions including inter-County trav...
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Nairobi residents still reliant on landlords as home ownership well dries up
By Kepha Muiruri,
1403, July 29, 2020 (EAT)
A tough economy has left Nairobi residents reliant on rental properties with the availability to funds to purchase homes drying up in the last year. ...
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Ruiru, Ruaka and Utawala among satellite towns leading lift in Nairobi land prices
By Kepha Muiruri,
1610, July 13, 2020 (EAT)
Sustained demand for parcels of land inside Nairobi Metropolitan Area (NMA) satellite towns has paid dividends for land investors as land prices recov...
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Covid-19: Ailing economy forces Uhuru’s hand in re-opening country
By Kepha Muiruri,
1753, July 6, 2020 (EAT)
Caught between a rock and a hard place in reviewing existing COVID-19 mitigation measures, President Uhuru Kenya inclined on easing the pressure place...
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How businesses in East Africa can emerge stronger from COVID-19 pandemic – Report
By Citizen Reporter,
928, June 24, 2020 (EAT)
Governments in the East African region are being advised to come up with additional measures including incentives to enable businesses capitalize on o...
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Demand for office space in Nairobi falls to its lowest in 8 years
By Kepha Muiruri,
1154, April 28, 2020 (EAT)
The demand for office spaces in Nairobi’s commercial hub fell to an eight year low in 2019 indicating the continued tough economic environment in th...
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Twiga & Jumia ink deal to cut price of fresh produce by 50%
By Citizen Reporter,
1634, April 23, 2020 (EAT)
Twiga Foods has signed a distribution deal with Jumia to deliver fresh and processed food to the homes of consumers. Also Read: Mercy Wanjau, Peter...
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Relief for Kenyans as petrol price drops by Ksh.18, lowest since 2017
By Kepha Muiruri,
1521, April 14, 2020 (EAT)
Kenyans will see an all rounded relief in the costs of fuel as the Energy and Petroleum Regulatory Authority (EPRA) institutes’ massive cuts on pric...
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NSE listed firms lose 21 percent of value in three months
By Kepha Muiruri,
2025, April 8, 2020 (EAT)
Companies listed in the Nairobi Securities Exchange (NSE) lost 21 percent of their values in the first three months of the year as the domestic equiti...
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IWD 2020: Women still suffer gender bias in construction industry
By Kepha Muiruri,
1321, March 7, 2020 (EAT)
Biases and discrimination have continued to keep women out of the construction industry maintaining the status-quo in the historically male dominated ...
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Global concerns including Coronavirus wipe out Ksh.91B from NSE in two days
By Kepha Muiruri,
2014, February 26, 2020 (EAT)
Investors at the Nairobi Securities Exchange (NSE) have seen the wiping out of an excess of Ksh.91 billion in just two days as participants registered...
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Virtual Pay launches its services in Kenya
By Citizen Reporter,
1757, February 6, 2020 (EAT)
Virtual Pay, a global payments technology provider, has officially launched its services in Kenya, making it the newest global payment gateway to ente...
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End of an era: Nakumatt shuts down Prestige branch, 3 stores left
By Duncan Mutwiri,
249, December 15, 2019 (EAT)
Nakumatt shut down its Prestige mall outlet this week with rival Naivas taking over the once vibrant supermarket. Two other branches in Lavington a...
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