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Business news highlights

Treasury says 18 State firms face Sh382 billion financial shortfall

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Kenyan Wall Street | by Jackson Okoth The National Treasury has said that some 18 state-owned enterprises will have liabilities that exceed assets, totalling KSh...

100MW Kipeto Wind Farm Project in Kajiado now complete

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Kenyan Wall Street | by Jackson Okoth Construction of the 100 MW Kipeto Wind Farm Project, located in Kajiado, has reached its completion. The two...

Kenyans to pay more for alcohol, imported jewellery, motorcycle, chocolates and betting

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Kenyan Wall Street | by Jackson Okoth Kenyans have begun feeling the pinch on their wallets as new tax measures passed in the Finance Bill...

Gov’t announces plans for a Sh100 million cotton ginnery in Lamu

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Kenyan Wall Street | by Eunniah Mbabazi The government has announced plans to construct a KSh100 million cotton ginnery in Lamu County, seeking to revive...
mombasa port

Consumers brace for higher prices as freight cost surges

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People Daily | by Reuben Mwambingu The skyrocketing cost of freights has caused panic in the supply chain, leaving importers in a dilemma and pointing...

New car sales surge 35pc on recovering economy

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Business Daily | by Victor Juma Sales of new motor vehicles surged 35 percent in the first half of the year as the economy continued...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power disowns transformers facing KRA auction at port

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Business Daily | by Brian Ngugi Kenya Power has distanced itself from the ownership of transformers that the Kenya Revenue Authority (KRA) is set to...
central bank of kenya cbk

CBK wants return of CRB listing for digital loans

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Business Daily | by Otiato Guguyu The Central Bank of Kenya (CBK) has asked Parliament to revise a proposed law to allow digital lenders to...