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Kenya scraps work visa for Tanzanians

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Business Daily | by Brian Ngugi Kenya has scrapped work visa and permit requirements for Tanzanian nationals in an effort to boost trade and tourism...

Treasury removes 20pc excise tax on bank loans

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Business Daily | by John Mutua The Treasury has scrapped the 20 percent excise duty on bank loan fees, setting the stage for possible drop...
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Safaricom gets Sh1.5bn for police CCTV contract

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Business Daily | by John Mutua Safaricom will receive Sh1.5 billion from the State as instalment payment for a security and surveillance system it built...

Danish firm bids for Thika thermal plant

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The Standard | by Macharia Kamau Danish energy giant AP Moller has submitted a bid to buy Thika Power Plant, a heavy fuel oil-fired generator...

World Bank’s IFC to lend $25 million to Kenyan real estate company

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Kenyan Wall Street | by Miriam Wangui The International Finance Corporation (IFC), the private-sector development arm of the World Bank, has announced that it plans...

Taxpayers to shoulder burden of repaying parastatals’ loans

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The Standard | by Awal Mohammed The National Government will have to spend more money to bail out parastatals as they continue to default on...
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Kenya Power set to pay consumers for blackouts

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Business Daily | by Brian Ngugi Businesses that incur financial losses due to power blackouts will receive compensation from Kenya Power if proposed regulations by...

Uber unveils electric motorcycles and scooters in Kenya

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Kenyan Wall Street | by Eunniah Mbabazi Uber Technologies has announced the launch of electric BodaBodas and bicycles for earners on UberBoda, Uber Connect, and...