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Bangladeshi firm to make diabetes, malaria drugs in Kenya

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Business Daily | by Brian Ngugi One of Bangladesh’s largest drugmakers, Square Pharmaceuticals, will start producing medicines at its multibillion production facility in Kenya in...
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Delayed release of annual economic survey keeps investors guessing

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Business Daily | by Constant Munda Kenya National Bureau of Statistics has delayed release of Kenya’s annual economic survey that was to reveal the full...

Konza City to take up Sh18b of ICT budget

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The Standard | by Macharia Kamau In the upcoming 2021/22 financial year, which kicks in on July 1, the Konza Technopolis project has been allocated...
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Russia approves one-dose Sputnik Light Covid jab

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Nation | by AFP Health officials in Russia approved a single-dose version of the Sputnik V coronavirus vaccine, the developers of the shot said Thursday. The...
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Netflix rates up on inclusion of VAT tax charge

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Business Daily | by Lynet Igadwah Subscription video-on-demand service Netflix monthly charges have increased after the company included in its billing a value added tax...

DTB throws Tuskys lifeline in Sh1.7bn loan restructure

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Business Daily | by Bonface Otieno Tuskys has disclosed that DTB Bank has agreed to restructure a Sh1.7 billion short-term loan, offering a reprieve to...
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NSE hits 34-month high on Safaricom, banks

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Business Daily | by Patrick Alushula The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a 34-month high of Sh2.62 trillion Thursday,...
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Banks post record Sh46bn gross profits in first quarter

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Business Daily | by Elizabeth Kivuva Commercial banks’ quarter one pre-tax profits jumped 19.5 percent to a record Sh45.9 billion, defying an overall economic downturn...