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Business news highlights

Centum puts on hold plan to buy stakes in companies

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Business Daily | by Patrick Alushula Centum Investment Group has put on hold plans to buy stakes in companies and is shifting money in government...
nairobi city county

CBK says economy recovered in the first half of 2021

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The Standard | by Dominic Kenya’s economy shook off the adverse effects of Covid-19 to post recovery in the first half of the year, the...
jomo kenyatta international airport, foreign travel, domestic travel

Kenya to pay China firm billions for undone JKIA Greenfield job

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Business Daily | by Gerald Andae Kenya has opened compensation talks with a Chinese firm whose contract to build the second terminal at the Jomo...
fuel prices, fuel subsidy, petroleum development levy

Judges keep VAT on fuel, M-Pesa tax to November

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Business Daily | by Jospeh Wangui Taxes on fuel and M-Pesa transfers and an Sh18 levy on a litre of kerosene, introduced through a set...

Cyber attacks in Kenya rise 59 percent in Q2 2021

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Kenyan Wall Street | by Jackson Okoth Cyber Attacks in Kenya recorded a significant increase in the banking and financial sector in Q2 2021 compared...

CA to cut mobile call rates after six-year freeze

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Business Daily | by Brian Ngugi The Communications Authority of Kenya (CA) is set to make fresh cuts on the rate mobile phone operators charge...

Centum sinks into Sh1.3 billion net loss on higher costs

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Nation | by Brian Ambani Centum Investment Group has registered a Sh1.3 billion net loss for the financial year ending March 31, on higher debt...
nairobi city county

UK firm signs up to join Nairobi Financial Centre

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People Daily | by Lewis Njoka Prudential Plc, a British multinational insurance company has submitted a letter of intent to join Kenya’s new Nairobi International Financial Centre...