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Business news highlights

cooperative bank of kenya

Co-op Bank reclaims third position in asset rankings

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Business Daily | by Victor Juma Co-operative Bank of Kenya reclaimed its position as the country’s third-largest lender by assets in the year ended December...

NCBA profit slumps 42pc to Sh4.57bn

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Business Daily | by Constant Munda NCBA Group has posted the third biggest drop in profit among Tier I banks as lenders were forced to...
machakos county

Machakos cuts fees to offer businesses Covid curbs relief

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Business Daily | by John Mutua Businesses in Machakos County will not pay fire licence charges for three months while the registration fee for matatus...
wsj

Suez Canal traffic resumes after megaship refloated

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Business Daily | by AFP The MV Ever Given was refloated and the Suez Canal reopened on Monday, sparking relief almost a week after the...

State petitioned to remove faulty ICT regulations

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The Standard | by Wainaina Wambu The government might be stifling innovation in its bid to tame dynamic new technology, experts have warned. Technology, especially in...
astrazeneca vaccine, covid vaccine rollout, covid-19 vaccine

Union wants 7,500 port workers to be given Covid-19 vaccine

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The Standard | by Patrick Beja The Dock Workers Union (DWU) has called on the government to consider 7,500 port employees as frontline workers to...
domestic carriers, jambojet, domestic flights

Airlines, hotels hit with refunds

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Business Daily | by Bonface Otieno Airlines and top hotels are faced with multi-million shilling refund claims after Kenya restricted travel in and out Nairobi...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power risks losing Sh16bn in rural electrification

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Business Daily | by Victor Juma Kenya Power risks losing Sh16.5 billion the government owes it under the rural electrification scheme, the Auditor-General Nancy Gathungu...