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President Kenyatta arrives in Kinshasa for three-day state visit
By PSCU,
1955, April 20, 2021 (EAT)
President Uhuru Kenyatta has arrived in Kinshasa for a three-day state visit of the Democratic Republic of Congo at the invitation of President Felix ...
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Family Bank retires Ksh.2B corporate bond
By Kepha Muiruri,
1459, April 20, 2021 (EAT)
Lender Family Bank has retired its Ksh.2 billion five and a half year tenured corporate bond after its maturity on Monday. The bank has paid back b...
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Zedekiah ‘Zico’ coy on KCB target
By Mkalla Wa Mwambodze,
1031, April 20, 2021 (EAT)
Kenya Commercial Bank Football Club head coach Zedekiah ‘Zico’ Otieno remains confident his boys will have the same good form they showcased befor...
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OPINION: Innovative partnerships create opportunities for youth
By Guest Writer,
1212, April 21, 2021 (EAT)
By Reuben Mbuve A decent job is an essential marker of a young person’s success. It provides financial security for his or her future family and ...
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CBK expands list of third-party CRB data providers
By Kepha Muiruri,
1504, April 14, 2021 (EAT)
The Central Bank of Kenya (CBK) has expanded the list of third-party credit information providers to nearly 2000 entities as part of its role to bolst...
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Cosmetics firm BeautyClick eyes NSE listing
By Kepha Muiruri,
1453, April 13, 2021 (EAT)
Beauty based online commerce company Africanhair PLC, trading as BeutyClick has announced its intention to list on the Nairobi Securities Exchange (NS...
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Kenya’s debt carrying capacity weakens: IMF report
By Kepha Muiruri,
1347, April 9, 2021 (EAT)
The International Monetary Fund (IMF) has trimmed Kenya’s ability to carry debt from strong to medium based on weakening growth, export metrics. ...
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Kenya now in line to take up nearly Ksh.800 billion in Eurobonds
By Kepha Muiruri,
1826, April 7, 2021 (EAT)
Kenya is in line to take up nearly Ksh.800 billion in Eurobonds over the next 18 months as it marks its return to the international commercial debt ma...
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Equity full-year profit falls by 12 per cent to Ksh.19.8 billion
By Kepha Muiruri,
1152, March 29, 2021 (EAT)
Equity Group has reported an 11.6 per cent decline in 2020 full-year earnings with profit down at Ksh.19.8 billion from Ksh.22.4 billion in 2019. T...
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Banks restructure payments on Ksh1.7 trillion customer loans as CBK relief window closes
By Kepha Muiruri,
1423, March 23, 2021 (EAT)
Commercial banks had restructured an estimated Ksh.1.7 trillion in customer loans at the end of February 2021 representing 57 per cent of the sector's...
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Obituary: This man John Pombe Magufuli
By Waihiga Mwaura,
1159, March 18, 2021 (EAT)
Tanzania President John Pombe Magufuli is dead. Magufuli's death was announced Wednesday night by Tanzanian Vice President Samia Hassan Suluhu. She...
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NCBA Bank, TATA Africa Holdings ink deal for commercial vehicles
By Citizen Reporter,
1418, March 3, 2021 (EAT)
NCBA Bank Kenya PLC on Wednesday signed a partnership deal with Tata Africa Holdings (K) Limited to finance Tata models throughout the country. Und...
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Former EACC boss Halakhe Waqo to be grilled over KEMSA scam
By Sam Ogina,
953, March 2, 2021 (EAT)
Former Ethics and Anti-Corruption boss Halakhe Waqo is set to appear before the National Assembly’s Public Investments Committee over the KEMSA scan...
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New IMF, World Bank loans trim Kenya’s debt refinancing risks
By Kepha Muiruri,
1541, February 16, 2021 (EAT)
Kenya’s change of tact to re-integrate cheap financing from the International Monetary Fund (IMF) and the World Bank has served to trim the country...
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Treasury CS Ukur Yatani now goes for Ksh.124 billion Eurobond
By Kepha Muiruri,
1512, February 13, 2021 (EAT)
National Treasury Cabinet Secretary Ukur Yatani is set to make his debut in the international capital markets with a Ksh.123.5 billion Eurobond in the...
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KWS, Bidco pen deal to support communities living adjacent to wildlife
By Citizen Reporter,
1519, February 8, 2021 (EAT)
The Kenya Wildlife Service (KWS) and BIDCO Africa Ltd have signed a partnership that will see communities living adjacent to protected areas prone to ...
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Private sector activity hits 3-month high on further restrictions ease
By Kepha Muiruri,
1459, February 3, 2021 (EAT)
Activity by Kenya’s private sector hit a three-month high in January as players continue to profit from a further ease to COVID-19 restrictions. ...
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Kenya seeks Ksh.154B World Bank, IMF loans
By Kepha Muiruri,
1805, January 27, 2021 (EAT)
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...
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CBK to leave the benchmark rate unchanged at 7 per cent
By Kepha Muiruri,
1821, January 25, 2021 (EAT)
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...
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Google parent Alphabet shutting down internet-beaming balloon project Loon
By Reuters,
1203, January 22, 2021 (EAT)
By Reuters and Kepha Muiruri Google parent Alphabet Inc is shutting down its internet balloon business, Loon, which aimed to provide a less expensi...
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