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Budget 2019: Treasury misses the mark, no relief for Kenyans
By Kepha Muiruri,
2020, June 13, 2019 (EAT)
Treasury CS Henry Rotich's presentation on the financing of the 2019/20 budget estimated at Ksh.3.02 trillion has missed its mark in providing any sub...
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Kenyans lose millions as Suraya housing project collapses
By Raquel Muigai,
1630, May 24, 2019 (EAT)
A number of Kenyans have found themselves counting losses in millions of shillings after the Suraya projects failed. This despite the off-plan inve...
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Controversy of overvalued shilling: Why Central Banks intervene globally
By Kepha Muiruri,
814, May 14, 2019 (EAT)
An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capi...
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KCB to acquire 100pc stake in National Bank of Kenya
By Kepha Muiruri,
1448, April 18, 2019 (EAT)
Kenya Commercial Bank Group has announced plans to acquire National Bank of Kenya (NBK). The acquisition, it was announced will be done through an ...
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Cytonn eases financing dilemma in new SBM loan facility
By Kepha Muiruri,
2000, March 18, 2019 (EAT)
Investor firm Cytonn, has completed the acquisition of a Ksh.650 million credit line with the State Bank of Mauritius (SBM) to diversify its funding b...
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Cytonn Investments launches asset management arm
By Citizen Reporter,
2135, March 13, 2019 (EAT)
Cytonn Investments has officially launched their regulated affiliate, Cytonn Asset Managers Limited (CAML). CAML is licensed as a Fund Manager by b...
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Firms forecast to cut more jobs as rate-caps persist
By Kepha Muiruri,
1108, February 21, 2019 (EAT)
Kenyan firms are expected to lay-off more employees in the New Year, this as most of the companies remain focused on a cost consolidation path to weat...
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Developers call for greater support to deliver low-cost housing
By Kepha Muiruri,
1724, July 9, 2018 (EAT)
Real estate investments firm Cytonn is calling for an even greater support for developers in the government led focus on the delivery of affordable ho...
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Market Observers call for alternative funding options for Kenyans
By Dennis Otieno,
1241, April 17, 2018 (EAT)
The country should keenly focus on growing alternative sources of funding even as the push to repeal a law capping interest rates gains momentum. A...
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Nairobi office oversupply sees yields drop
By Kepha Muiruri,
1443, March 12, 2018 (EAT)
Oversupply of office spaces in most parts of Nairobi is expected to divert investments into the commercial office market as demand for office spaces w...
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Cytonn predicts 5.4pc growth in 2018
By Citizen,
1727, February 5, 2018 (EAT)
Kenya’s private equity investment company Cytonn Investments has projected a mild 5.4 percent economic growth rate for 2018. This estimate has be...
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Cytonn announces Sh15bn mixed development project in Ruiru
By Citizen,
1941, March 13, 2017 (EAT)
Cytonn Investments has embarked on a Sh15 billion housing project in Ruiru town. The mixed development project will sit on a 100 acre site and will...
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How to tell if your bank is headed for collapse
By Lisa Kamau,
1130, April 21, 2016 (EAT)
The banking industry has been hit by panic and loss of confidence from the public after three banks went down in a period of less than a yea...
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Kenya facing huge housing deficit – CS Kaimenyi
By Matthews Mutai,
1544, February 3, 2016 (EAT)
The country's urban centers face a shortage of 200,000 housing unit annually, with only 50,000 new units being constructed every year. This is acco...
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