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SGR cargo drops on fewer vessels at Mombasa port

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The Standard | by Graham Kajilwa The amount of cargo handled by Kenya Railways Corporation (KRC) dropped in the second quarter of this year due to lower...
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Airtel raises call costs as airtime tax takes effect

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Business Daily | by John Mutua Airtel has increased the cost of making calls by up to Sh0.78 in response to the increase in the...
budget, treasury, public borrowing

Borrowers feel tax pinch as banks review cost of loans

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Business Daily | by John Mutua NCBA and KCB have become the first lenders to increase the cost of their loans after a 20 percent excise...

Drone delivery startup Zipline raises $250 million in new funding

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Kenyan Wall Street | by Eunniah Mbabazi Drone delivery startup, Zipline, has raised $250 million in new funding, raising its valuation to $2.75 billion. Investors...

Airtime and gas taxes begin to bite

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Nation | by Brian Ambani The burden of new taxes to fund the Sh3.6 trillion budget has started to be felt by Kenyans after President...

Centum Real Estate net profit drops 72pc to Sh650m

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Business Daily | by Elizabeth Kivuva Centum Real Estate has posted 71.7 percent drop in net profit for the year ended March 31, 2021 owing to...
kq, kenya airways, national aviation management bill

Kenya Airways cuts Entebbe flights on rising Covid cases

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Business Daily | by Edwin Mutai Kenya Airways has cut its flight frequency to Entebbe by 25 percent following high cases of Covid-19 in Uganda...

Tourism Fund blames pandemic for Sh1.6bn fall in earnings

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Business Daily | by Edwin Mutai The Tourism Fund (TF) says its earnings from levies imposed on the hospitality industry slumped by Sh1.6 billion due...