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Banks holding more money than ever before as Kenyans suffer empty wallets
By Kepha Muiruri,
1105, September 10, 2019 (EAT)
Combined, commercial banks are now holding more cash reserves than ever before even as the private sector languishes in a cash-crunch strangle hold. ...
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Loss of jobs to automation spells doom for KRA targets
By Kepha Muiruri,
828, August 21, 2019 (EAT)
The loss of jobs to automation has spelt doom for the Kenya Revenue Authority (KRA) tax mobilization goal as the country’s economic structure underg...
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Moi University graduation to go on as scheduled, court rules
By Dzuya Walter,
1612, August 16, 2019 (EAT)
The High Court in Nairobi on Friday declined a petition seeking to stop the planned Moi University graduation scheduled for Friday, August 22, 2019. ...
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Trump administration labels China a currency manipulator
By CNN,
2130, August 6, 2019 (EAT)
The Trump administration on Monday designated China a "currency manipulator," after the country's central bank allowed its currency to weaken amid the...
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Renationalization unlikely to fly Kenya Airways back to profit
By Reuters,
2120, August 1, 2019 (EAT)
By taking back full control of Kenya Airways, lawmakers are banking on Kenya’s ability to replicate the profitable example of Ethiopia’s state-own...
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‘The print button on my desk is disabled,’ CBK Governor Njoroge says over demonetization
By Kepha Muiruri,
1316, July 27, 2019 (EAT)
The Central Bank of Kenya (CBK) now says that the ongoing circulation of new currency notes will have minimal impact on both inflation and the macroec...
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The wildcat gold miners who get rich sick in Ghana
By Reuters,
1403, July 25, 2019 (EAT)
A few years after coming as a teenager to this town in Ghana to prospect for gold, Yaw Ngoha had made enough cash to marry his sweetheart and build a ...
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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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Kenya, Singapore in deal to collaborate on innovation
By Kepha Muiruri,
1704, July 16, 2019 (EAT)
Kenya and Singapore have, through their respective Central Banks arrived at an understanding allowing the two countries to collaborate on innovation. ...
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Magufuli urges Tanzanian women to ‘set ovaries free’
By Reuters,
1036, July 11, 2019 (EAT)
President John Magufuli urged Tanzanian women to “set your ovaries free” and bear more children as a way to help boost the economy into a regional...
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Zimbabwe runs out of passports, adding to long list of shortages
By Reuters,
1324, July 4, 2019 (EAT)
Zimbabwe has run out of passports and vehicle registration number plates, forcing citizens to wait for long periods to get them - yet another sign of ...
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China’s factory activity shrinks as U.S. tariffs, slowdown hit orders
By Reuters,
1908, June 30, 2019 (EAT)
China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulu...
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PM favourite Johnson reiterates desire for October 31 Brexit
By Reuters,
1308, June 23, 2019 (EAT)
Boris Johnson, the favourite to be the next British Prime Minister, reiterated his desire to leave the European Union in October with or without a dea...
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Activists killed, women raped. Is Sudan revolution still alive?
By CNN,
2111, June 20, 2019 (EAT)
In front of the military headquarters in Khartoum, workers are rebuilding the pavement. Men in khaki uniforms lounge under trees. Buildings here have...
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India to overtake China as the world’s most populous country: UN
By CNN,
902, June 20, 2019 (EAT)
India is set to overtake China as the world's most populous country in less than a decade, according to a new United Nations report. China and Indi...
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Ethiopia has been offline, and nobody really knows why
By CNN,
2030, June 18, 2019 (EAT)
Internet outages that prevented many Ethiopians from accessing online services have entered a seventh day, sparking anger and frustration among citize...
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Venezuelans rush to Peru border ahead of migration crackdown
By Reuters,
1028, June 15, 2019 (EAT)
Thousands of Venezuelans rushed to Peru’s northern border on Friday in hopes of entering the Andean country before it imposes tough immigration requ...
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Thousands protest in Liberia against corruption and economic decline
By Reuters,
1133, June 8, 2019 (EAT)
Thousands of Liberians took to the streets of the capital, Monrovia, on Friday to protest against the corruption and economic decline that many blame ...
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Watchdog finds global press freedom at lowest point in decade
By VOA,
1122, June 5, 2019 (EAT)
The U.S.-based democracy watchdog Freedom House says press freedom is declining around the world, right alongside political rights and civil liberties...
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Kenya engages World Bank for Ksh.76B loan for budget support
By Reuters,
844, May 29, 2019 (EAT)
Kenya is negotiating with the World Bank for a $750 million (Ksh.75.9billion) loan for budgetary support, documents on the proposed funding posted on ...
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