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Experts warn of inflation risks despite price cool down
By Kepha Muiruri,
2026, September 4, 2019 (EAT)
Experts have warned of downward risks from inflation in spite of a significant cool down in the growth of consumer prices in recent months. Food-fu...
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Gov’t order on payment of pending bills yet to impact businesses – Survey
By Kepha Muiruri,
2020, September 4, 2019 (EAT)
Local firms are yet to register gains from the recent order by President Uhuru Kenyatta on the clearance of pending bills, a new survey shows. Acco...
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Falling food-prices cool inflation to 5-month low
By Kepha Muiruri,
1144, August 31, 2019 (EAT)
The inflation rate fell to a five-month low five percent in August, the monthly consumer price-survey by the Kenya National Bureau of Statistics (KNBS...
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MWANGI: Low saving rates a factor in Kenya’s economic slowdown
By Citizen Reporter,
2024, August 27, 2019 (EAT)
By Kevin Mwangi Things are looking bleak for the Kenyan economy and it is expected to continue facing challenges of increased debt servicing burden, ...
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Relief for motorists as petrol, diesel prices drop
By Kepha Muiruri,
1851, August 14, 2019 (EAT)
The Energy and Petroleum Regulatory Authority (EPRA) has cut its maximum pump prices for both petrol and diesel by Ksh.2.86 and Ksh.3.28 respectively ...
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Uber burned through Ksh. 520B last quarter, its biggest quarterly loss ever
By CNN,
1043, August 10, 2019 (EAT)
Even by Uber's standards, the company burned through a staggering amount of money in its most recent quarter. Uber (UBER) said Thursday that it l...
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Change food production and stop abusing land, major climate report warns
By CNN,
1451, August 8, 2019 (EAT)
Humans have damaged around a quarter of ice-free land on Earth, United Nations scientists warned in a major report Thursday, stressing that further de...
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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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CBK leaves benchmark rate at 9 percent as economy holds steady
By Kepha Muiruri,
1828, July 24, 2019 (EAT)
The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...
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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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Internet in Sudan restored after power sharing deal
By VOA,
1228, July 11, 2019 (EAT)
Internet in Sudan has been restored after more than a month after they were cut off when the military violently broke up protests calling for civilian...
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Zimbabwe president says the country needs to import 800,000 tonnes of maize
By Reuters,
2121, July 4, 2019 (EAT)
Zimbabwe needs to import 800,000 tonnes of maize following a drought that reduced the harvest by more than half, President Emmerson Mnangagwa said on ...
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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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Sudan protesters holding night marches
By VOA,
1051, June 21, 2019 (EAT)
Sudan protest groups are planning night marches in an attempt to pressure the military for a return to civilian rule. Sudan’s security forces earlie...
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Sudan protesters holding night marches
By VOA,
1851, June 20, 2019 (EAT)
Sudan protest groups plan night marches in an attempt to pressure the military for a return to civilian rule. Sudan’s security forces earlier this m...
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CBK Governor downplays concerns on weakening shilling
By Kepha Muiruri,
1519, June 20, 2019 (EAT)
The Central Bank of Kenya (CBK) has eased concerns on the shilling's value quelling fears to the volatility of the local unit. The shilling for ins...
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Petrol prices up by Ksh3.07 in latest ERC review
By Citizen Reporter,
1624, June 14, 2019 (EAT)
The Energy Regulatory Commission has announced new fuel pump prices that will see the cost of Super Petrol go up by Ksh.3.07. Diesel prices will al...
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IMF disburses Ksh.25B loan tranche to Tunisia
By Reuters,
1240, June 13, 2019 (EAT)
The International Monetary Fund (IMF) has approved the payment of a $247million (Ksh25billion) loan tranche to Tunisia. This is the sixth under its...
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Private sector activity records an improvement in May- Survey
By Kepha Muiruri,
854, June 6, 2019 (EAT)
Kenyan private sector firms have recorded an improvement in operating conditions in May according to survey data from the Stanbic Bank Purchasing Mana...
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