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Business news highlights

budget, treasury, public borrowing

Unaitas receives Sb1bn from Dutch firm for lending to SMEs

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Business Daily | by Kevin Rotich Unaitas Sacco has secured Sh1 billion funding from Dutch private equity Oikocredit International for onward lending to small and...

Horticulture earnings drop Sh6bn on quality concerns

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Business Daily | by Gerald Andae Horticulture earnings dropped by Sh6.3 billion in the first half of the year, attributed to lower quality produce that...
kenya parliament, national assembly

CMA admits it lacked powers to protect investors’ lost billions

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The Standard | by Wambu Wainaina CMA last week appeared before the committee after Garissa Town MP Aden Duale requested Parliament to probe the regulator,...

NMS to lease space at Green Park terminus to traders

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Nation | by Collins Omulo Business owners willing to set base at the Sh250 million Green Park terminus in Nairobi have until Friday to submit...

Kenya passport holders banned in 54 countries

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Business Daily | by Gerald Andae Holders of Kenya’s passport cannot access 54 countries in the wake of Covid-19 ban in the global race to...

Virgin Galactic spaceship carrying Richard Branson touches down

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Al Jazeera | Spaceport America, A Virgin Galactic spaceship carrying Richard Branson touched down Sunday after a voyage the British billionaire called an "experience of a...

Egypt State-run bank seeks licence in Nairobi entry bid

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Business Daily | by Brian Ngugi Egypt’s second-largest bank, Banque Misr, now says it has formally applied for a Central Bank of Kenya (CBK) licence...
kenya power, electricity bills, electricity costs, electricity supply

Taxman reveals auction of Kenya Power transformers

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Business Daily | by John Mutua The Kenya Revenue Authority (KRA) has issued a notice to auction Kenya Power transformers, reflecting cash flow hitches at...