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July inflation hits 3-month high
By Kepha Muiruri,
2054, July 31, 2019 (EAT)
The inflation rate in July has touched a 3-month high of 6.3 percent from 5.7 percent in June highlighting increased pressure on the consumer spending...
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How China is slowly expanding its power in Africa, one TV set at a time
By CNN,
1119, July 24, 2019 (EAT)
In the outskirts of Nairobi, Kenya, Michael Nganga is watching a Chinese Kung Fu movie. His small home in Limuru doesn't have running water and i...
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Real estate brokers ease fears of sector crashing even as property prices fall
By Kepha Muiruri,
1233, July 23, 2019 (EAT)
Developers in the real estate industry have quelled fears of an impending crash to one of Kenya’s key economic segment even as property prices remai...
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Forex,Fuel Charges Up in July Power bills
By Citizen Reporter,
1301, July 12, 2019 (EAT)
The forex charge in July power bills have risen to Sh4.52 per unit of electric power as consumers also bear high fuel prices with the levy up by Sh3.6...
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Rising food, fuel prices push June inflation rate to 5.7pc
By Kepha Muiruri,
1759, June 29, 2019 (EAT)
The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to c...
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Demonetization effects filter into value of Kenyan shilling
By Kepha Muiruri,
2110, June 18, 2019 (EAT)
The value of the Kenyan shilling has continued its recent slide against the US dollar breaching the Ksh.102 mark for only a second time this year, sig...
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Sponsored: Infrastructure projects: Being on the lookout for cost overruns
By Sponsored,
1154, June 18, 2019 (EAT)
“48 percent of projects were over budget and 87 percent of projects have a time overrun.” – Deloitte East Africa [1] It’s all fine and dand...
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Govt to allow 12M bags of maize to be imported
By Dennis Otieno,
1107, June 8, 2019 (EAT)
The government will now allow millers and traders to import twelve million bags of maize in a bid to cushion Kenyans against higher maize prices. A...
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Kenya inflation falls to 5.49percent in May
By Zeddy Sambu,
1022, June 1, 2019 (EAT)
Kenya’s year-on-year inflation fell to 5.49% in May from 6.58percent a month earlier. This is thanks to lower food prices, the Kenya National Bur...
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Cheap homes to shakeup housing market
By Kepha Muiruri,
839, May 29, 2019 (EAT)
The fruition of the government backed cheap homes initiative is expected to create a radical shift in the housing market, this as the sector on boards...
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Heyckal packers busted rebranding Kabras sugar as Naivas
By Enock Sikolia,
1316, May 24, 2019 (EAT)
A sugar and rice re-packaging company is under investigation over suspicion that it has been duping Kenyans using low graded products. Officers fro...
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Fuel cost levy in May electricity bills highest in five years
By Zeddy Sambu,
1308, May 17, 2019 (EAT)
The fuel cost levy in May electricity bills has jumped to Sh3.75 per unit of power -the biggest margin in five years as dry weather forced Kenya to st...
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Drought effects push inflation rate to 18-month high
By Kepha Muiruri,
1830, April 30, 2019 (EAT)
The Kenya National Bureau of Statistics (KNBS) has released its monthly consumer price index for the month of April quoting inflation at 6.58 percent....
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Why growth by GDP does not reflect real growth
By Kepha Muiruri,
1708, April 27, 2019 (EAT)
‘You cannot eat Gross Domestic Product (GDP)’, goes the old-cliche on quantifying economic progress. The coined phrase was once again brought to t...
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Kenyan avocados cleared to enter the expansive Chinese market
By PSCU,
1746, April 25, 2019 (EAT)
Kenyan farmers will now export their popular hass avocados to China following a trade deal signed when President Uhuru Kenyatta met his Chinese counte...
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Fish prices skyrocket in Kisumu as Chinese imports flood the market
By Laura Otieno,
900, April 23, 2019 (EAT)
Kisumu is famous for its culinary fish dishes which have overtime proven synonymous to the lakeside town. However, over the years, complaints of ov...
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Hard economic times for Kenyans recur as inflation pressure bites
By Kepha Muiruri,
1008, April 16, 2019 (EAT)
Kenyans could once again be headed tough economic times as growing food prices and rising fuel costs take a swipe at consumers spending abilities. ...
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SPONSORED: 4 major adjustments poised to salvage Kenya’s real estate market
By Sponsored,
1623, April 8, 2019 (EAT)
Emerging from a stagnant economy after political turmoil, Kenya’s real estate industry is set to boom once again in 2019 from the growing middle cla...
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One year on, Africa free trade deal nears reality
By Reuters,
859, March 7, 2019 (EAT)
Almost a year after the formal launch of the African Continental Free Trade Area (AfCFTA), the plan is inching toward the 22-country threshold needed ...
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Kenya Pipeline begins 7-week forensic audit over corruption allegations
By Citizen Reporter,
1916, February 20, 2019 (EAT)
The Kenya Pipeline Company (KPC) has begun a seven-week long forensic audit to investigate corruption allegations at the company. According to KPC ...
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