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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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Two cops being probed over Prime Bank heist
By Citizen Reporter,
603, January 19, 2021 (EAT)
Detectives are holding two police officers following a bank robbery that occurred at Prime Bank on Monday afternoon. The duo are attached to the Cr...
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Gor seek the winning mojo as they tackle Stima in Kisumu
By Milton Ochieng,
1015, January 18, 2021 (EAT)
Milton OchiengGor Mahia writer Gor Mahia team manager Jolawi Obondo says their slow start in the league has nothing to do with the club’s future pe...
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Hope for SMEs as Kenyan banks renew risk appetite
By Kepha Muiruri,
1725, January 13, 2021 (EAT)
Small and medium enterprises (SMEs) are set to profit from the greater issuance of credit by commercial banks in 2021 as the lenders expand their thre...
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Kenya misses out on full debt service suspension slice
By Kepha Muiruri,
934, January 13, 2021 (EAT)
The government has come under scrutiny for failing to take full advantage of opportunities presented by the Debt Service Suspension Imitative (DSSI). ...
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After sitting on the fence, Kenya takes up debt-suspension offer
By Kepha Muiruri,
1839, January 11, 2021 (EAT)
Kenya has agreed to take up the debt service suspension initiative (DSSI) after tiptoeing around the deal for months. The Paris Club which represen...
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Equity Group Holdings to merge with Banque commerciale du Congo
By Citizen Reporter,
534, January 1, 2021 (EAT)
Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the n...
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2020 review: Millions mark end of the year in economic despair
By Kepha Muiruri,
913, December 31, 2020 (EAT)
Like any other year, the start of 2020 was premised on high hopes for better fortunes and tidings by Kenyans with many coining the unofficial phrase ...
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2020 review: On public debt, it’s from the frying pan towards fire
By Kepha Muiruri,
1028, December 31, 2020 (EAT)
In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...
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Kenyan banks begin issuing cheap mortgage loans
By Kepha Muiruri,
2102, December 17, 2020 (EAT)
Kenyan commercial banks have begun issuing cheap mortgage loans following access of State backed financing. On Thursday, the Kenya Mortgage Refinan...
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Equity Group appoints Christopher Newson as non-executive board director
By Citizen Reporter,
1127, December 17, 2020 (EAT)
Equity Group Holdings Plc has announced the appointment of Christopher Newson as a Non-Executive Director to its Board. Christopher is a career ban...
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MPs to hold special sitting on planned COVID-19 tax reversals
By Kepha Muiruri,
1709, December 16, 2020 (EAT)
The National Assembly is expected to make the final call on the planned reversal of key tax rates effected as cushioning to Kenyans following the adve...
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