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Cost pressures flatten firms’ post-pandemic recovery curve
By Kepha Muiruri,
1628, January 6, 2021 (EAT)
Input costs pressures have slammed the brakes on the recovery of Kenya’s private sector in the last month after an expansionary trend marked after t...
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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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Treasury ends COVID-19 tax relief measures to recover lost revenues
By Kepha Muiruri,
1612, December 4, 2020 (EAT)
The National Treasury has moved to cut off COVID-19 tax relief measures effective from January, 2021 as it seeks to reinstate lost government revenues...
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Business activity drops to a 5-month low on COVID-19 resurgence
By Kepha Muiruri,
1307, December 4, 2020 (EAT)
Private sector activity in the economy has slumped to a five-month low in November on COVID-19 resurgence fears. According to the monthly-published...
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Stanbic Bank Kenya announces Ksh.3.6B profit after tax
By Citizen Reporter,
1318, November 27, 2020 (EAT)
Stanbic Bank Kenya has announced a Ksh. 3.6 billion after-tax profit for the period ended September 30, 2020 underpinned by solid balance sheet growth...
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Kenyan economy projected to see V-shaped recovery trend
By Kepha Muiruri,
1606, November 13, 2020 (EAT)
The Kenyan economy has been projected to see a V-shaped recovery trend as it re-emerges from the depths of the COVID-19 pandemic. This is according...
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Shujaa begin season preps with medical and physical assessments
By Kenerickson Njeru,
1523, November 11, 2020 (EAT)
Kenya national team players have this month been invited by the Kenya Rugby Union for medical and physical Assessments as they prepare for the upcomin...
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Private firms end eight-month job cuts run as activity hits record high in October
By Kepha Muiruri,
1920, November 4, 2020 (EAT)
Kenya’s private sector halted an eight-month job cuts run to grow their payroll numbers in October as activity touched a new record high. Accordi...
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Economy grows nerves as second wave COVID-19 restrictions loom
By Kepha Muiruri,
1734, October 15, 2020 (EAT)
Businesses are growing uneasy as Kenya registers a second surge in the number of COVID-19 cases signalling a potential return to restrictions. Bare...
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Kenya tipped to escape recession on economic diversity
By Kepha Muiruri,
926, October 12, 2020 (EAT)
As the majority of countries fall into recession this year, Kenya has been tipped to escape contraction this year from its broad based economic struct...
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Private sector activity expands further in September
By Kepha Muiruri,
1717, October 5, 2020 (EAT)
Private sector activity in the country expanded for a third consecutive month in September as the economy recovers from the worst of the pandemic. ...
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Survey: COVID-19 has wiped out 80 per cent of private sector jobs created since 2015
By Kepha Muiruri,
1601, September 25, 2020 (EAT)
The COVID-19 pandemic has wiped out 80 per cent of all formal private sector jobs created since 2015, this is according to a new survey by the Federat...
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Diaz: Employees still integral to businesses amidst COVID-19 pandemic
By Guest Writer,
2027, September 8, 2020 (EAT)
When the government implemented strict measures to contain the COVID-19 pandemic including the partial closure of the economy, job losses became a pre...
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e-conference for leading women in banking, finance to promote gender diversity in leadership
By Rachel Ombaka,
2256, September 3, 2020 (EAT)
The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15-16, October, 2...
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Local firms continue cutting jobs despite rebounding economy
By Kepha Muiruri,
2038, September 3, 2020 (EAT)
Kenya’s private sector has continued shedding jobs in spite of an improving macro-economic environment supported by an ease of COVID-19 restrictions...
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Kenya’s external trade grew to Ksh.191 billion in July
By Kepha Muiruri,
1543, September 2, 2020 (EAT)
The value of Kenya’s external trade volume grew by 12.4 per cent to Ksh.190.8 billion in the month of July from Ksh.169.7 billion in June. The re...
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President Kenyatta: Economy doing far better than anticipated in spite of COVID-19
By Kepha Muiruri,
1807, August 26, 2020 (EAT)
President Uhuru Kenyatta now says the economy is performing far much better than anticipated in spite of a general slump triggered by the COVID-19 pan...
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‘Kenya Ni Yetu’: Media owners organize concert of hope amid COVID-19 pandemic
By Citizen Reporter,
1357, August 26, 2020 (EAT)
The Media Owners Association (MOA) is organizing Kenya's biggest concert of hope amid the COVID-19 pandemic in commemoration of the hundreds who have ...
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Loan defaults derail bank earnings
By Kepha Muiruri,
1910, August 17, 2020 (EAT)
Growing borrowers risk profiles and loan defaults have thrown bank earnings off the trail as lenders continue to provision billions towards expected c...
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Stanbic Bank half year profit down by 37 percent
By Kepha Muiruri,
1110, August 14, 2020 (EAT)
Stanbic Bank Kenya (listed as Stanbic Holdings PLC) has announced a 37 per cent decline in its half year earnings to Ksh.2.6 billion down from Ksh.4...
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