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Business news highlights

fuel prices, fuel subsidy, petroleum development levy

Kenya to retain monthly fuel subsidy

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Business Daily | by John Mutua Motorists will be spared the pain of rising crude oil costs after the State opted to retain subsidies on...
kenya power electricity lines

Court gives Kenya Power nod to implement NYS deal

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Nation | by Peter Mburu The Employment and Labour Relations Court has given the greenlight to Kenya Power's meter reading deal with the National Youth Service (NYS),...
nairobi city county

CBK warns of tough times as new taxes raise cost of living

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The Standard | by Dominic Omondi The Central Bank of Kenya (CBK) has for the first time admitted that the tax measures introduced in the...
kq, kenya airways, national aviation management bill

KQ barred from evicting rival from JKIA property

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People Daily | by Nancy Gitonga A Nairobi court has barred Kenya Airways from evicting 748 Air Services from a property at the Jomo Kenyatta...

Health tech startup Field Intelligence expands in Kenya

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Kenyan Wall Street | by Jackson Okoth Field Intelligence, a Nigerian-based health tech startup that is digitizing the supply chain and transforming access to essential,...
bees airline

Kenya, Ukraine working to double bilateral trade

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Nation | by Anthony Kitimo Kenya and Ukraine are working to double bilateral trade from last year’s total value of Sh92 billion by investing in...
geothermal power station, kengen, gdc

KenGen sets sights on 682MW geothermal plants in four years

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Business Daily | by Patrick Alushula Kenya Electricity Generating Company (KenGen) wants to install new geothermal power plants with a capacity of up to 682 megawatts...

State-backed mortgage firm triples home loans to Sh7bn

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Business Daily | by Constant Munda The State-backed mortgage refinancing firm will triple affordable home loans to Sh7 billion in the year started July, offering...