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Acorn gets nod to resume USIU hostel project after accident

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Business Daily | by Kevin Rotich Student hostels developer Acorn Holding has resumed construction at its project near the United States International University-Africa (USIU-Africa) after...
budget, treasury, public borrowing

NCBA profit rises 73pc on high interest income

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Business Daily | by Victor Juma NCBA Group reported a 73.8 percent jump in net earnings in the first quarter ended March, helped by higher...
safaricom house

Safaricom share rises to 63pc of entire NSE

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Business Daily | by Charles Mwaniki Safaricom’s share of combined investor wealth at the Nairobi Securities Exchange (NSE) touched a high of 63 percent yesterday...
safaricom plc

Safaricom opposes push to make M-Pesa separate unit

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Business Daily | by Patrick Alushula Safaricom will not spin out the lucrative M-Pesa unit into a stand-alone business, bucking the trend by other telcos such...
nairobi commuter rail service, kenya railways

KRC to offer hourly rides as six more Nairobi trains arrive

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Business Daily | by Patrick Alushula Commuters in Nairobi will get hourly rides on the diesel-propelled trains after Kenya received the second batch from Spain...
nairobi city county

Pangea launches Sh300 million fund for Kenyan startups

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Kenyan Wall Street | by Jackson Okoth Pangea, a Norwegian based accelerator program and an investment platform that matches African start-ups with investors, has rolled...
safaricom plc

Safaricom share hits record high on Addis permit

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Business Daily | by Patrick Alushula Safaricom shareholders’ paper wealth rose by Sh90.1 billion yesterday as investors rushed to buy the company’s shares after it was...

NHIF to settle bills after use of private cover

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Business Daily | by Patrick Alushula National Hospital Insurance Fund (NHIF) will only pay hospital bills after patients have exhausted the limit from private insurers...