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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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Safaricom reduces M-Pesa transaction charges by nearly half
By Kepha Muiruri,
1701, December 22, 2020 (EAT)
Leading telco operator Safaricom has trimmed M-Pesa transfer costs by up to 45 per cent ahead of the end of the waiver on free cash transfers below Ks...
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End of free mobile-money transfers dims light for cashless economy
By Kepha Muiruri,
1514, December 19, 2020 (EAT)
The end of free mobile-money transfers below Ksh.1000 which comes into effect on January 1, 2021 has dimmed the quest for a cashless economy. This ...
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CBK announces end of free mobile-money transfers
By Citizen Reporter,
957, December 18, 2020 (EAT)
The waiver of fees on mobile-money transfers below Ksh. 1,000 is to cease from January 1, the Central Bank of Kenya has said. Also Read: Mobile mon...
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WFP warns of critical food shortages for refugees in Kenya
By Citizen Reporter,
926, December 17, 2020 (EAT)
The United Nations World Food Programme (WFP) has warned more than 435,000 refugees in Kenya faced imminent food shortages unless new funds are swiftl...
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Zoo, Mathare seek amends for FKF-PL expulsion
By Citizen Team,
1912, December 16, 2020 (EAT)
Zoo Kericho has taken Football Kenya Federation and StarTimes TV to the Competition Authority of Kenya after they were expelled from the top flight le...
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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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Morocco says Covid-19 vaccine will be free to all citizens
By Reuters,
830, December 9, 2020 (EAT)
Morocco’s King Mohammed VI ordered that all Moroccans should receive a coronavirus vaccine for free, the Royal palace said on Tuesday. Morocco plan...
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New rules proposed for sale of alcoholic drinks
By Erick Owenga,
1308, November 30, 2020 (EAT)
The Ministry of Trade has proposed a new set of operating guidelines for traders selling alcoholic drinks to tame the spread of COVID-19. In the ne...
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Investors in publicly listed firms at NSE set for barren dividends season
By Kepha Muiruri,
901, November 20, 2020 (EAT)
Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...
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Shikanda threatens Fifa action over Otieno
By Godfrey Ashiali,
1433, November 16, 2020 (EAT)
AFC Leopards chairman Dan Shikanda is adamant that Duncan Otieno, who dumped the club barely two weeks after allegedly penning a deal with them, is th...
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OPINION: The seismic economic effects of coronavirus
By Rachel Ombaka,
1532, November 19, 2020 (EAT)
Every day, the Ministry of Health provides us with COVID-19 statistics detailing new cases and deaths. For many of us this exercise has even become...
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OPINION: National Adoption Awareness Month: Recognising this family building option
By Guest Writer,
1550, November 13, 2020 (EAT)
By Mercy Ndirangu Traditional African culture expects a couple to sire children upon marriage failure to which societal pressure can lead to a brea...
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‘Corona ikianza tulikuwa na kazi, lakini sasa hatuna’: Why Albert Otieno and Beatrice Mbendo now depend on social protection
By Rachel Ombaka,
1531, November 19, 2020 (EAT)
Albert Otieno, 32, lives with his mother, two children and a cousin in Kayole, one of Nairobi County's most densely populated estates. Also Read: T...
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Free cash transfers take Ksh.6billion from Safaricom’s M-Pesa purse
By Kepha Muiruri,
1616, November 9, 2020 (EAT)
The roll out of free mobile money transactions has punched a Ksh.6.1 billion revenue hole in Safaricom's M-Pesa service in six months to September 30....
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Safaricom half-year profit falls for the first time since 2012
By Kepha Muiruri,
1039, November 9, 2020 (EAT)
Leading telco operator Safaricom PLC has reported a reduced Ksh.33 billion half year profit representing a six percent slide in earnings from Ksh.35.2...
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FIFA to push on with new ‘cap’ and rules for agents
By Reuters,
1114, November 6, 2020 (EAT)
FIFA will push ahead with plans to cap commissions on transfer fees for agents and enforce a licence scheme, even if its new regulations are opposed b...
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Leopards in transfer row with Nkana, Etoile over signings
By Godfrey Ashiali,
1137, November 4, 2020 (EAT)
A row has erupted between Kenyan league giants AFC Leopards, Zambian side Nkana FC and Tunisian top-tier side Etoile Sportif Du Sahel over the transfe...
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Free mobile cash transfers to eat into Safaricom’s profit cake
By Kepha Muiruri,
1429, November 2, 2020 (EAT)
Free mobile money transfers below Ksh.1000 implemented in mid-March are expected to curve a part of Safaricom’s profit when the company publishes it...
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WFP, Gov’t set up cash transfers for Mombasa families hit by COVID-19
By Citizen Reporter,
1055, October 30, 2020 (EAT)
The World Food Programme (WFP) and the government have launched cash transfers for 24,000 families whose livelihoods were destroyed by the impact of c...
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