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Business news highlights

equity bank group holdings

Equity pays Sh1.5bn fees for students in top global varsities

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Business Daily | by Constant Munda Equity Bank Group has offered university scholarships worth nearly Sh1.45 billion to 118 students admitted to some of the...

State warns of maize shortage due to failed rains, cold weather

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The Standard | by Antony Gitonga The government has warned of an acute maize shortage in the coming year due to reduced rainfall. Maize is a...
fuel prices, fuel subsidy, petroleum development levy

Petrol to hit record high minus subsidy

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Business Daily | by Brian Ngugi Petrol prices will from midnight increase to the highest level in Kenya’s history unless the State subsidizes the rising...

Airtel eyes waiver on the 30pc local ownership rule

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Business Daily | by Victor Juma Airtel Africa is considering seeking an extension or exemption from rules requiring it to cede a 30 percent stake...

KQ hub to help SMEs scale new heights

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Business Daily | by Gerald Andae Startups will get an opportunity to work with Kenya Airways in advancing their ideas after the national carrier launched...

UAE company to link Kenya startups with global funds

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Business Daily | by Brian Ngugi UAE-based business intelligence and investment firm Investera has launched operations in Kenya that will see it guide foreign investors...
mining

Mining firms starve State of billions in unpaid royalties

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The Standard | by Kamau Macharia Cement producers and mining companies have for years failed to pay levies and royalties running into billions of shillings. Some...

Safaricom’s Lipa na M-Pesa generates Sh40m monthly

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Business Daily | by Patrick Alushula Safaricom’s mobile payment platform used to pay for goods and services is now earning the telco Sh40 million monthly,...