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Business news highlights

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Kenya wins Sh200bn Cortec mining licence dispute again

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Business Daily | by Bonface Otieno Kenya has for the second time won a Sh200 billion case against Cortec Mining Kenya Limited and Stirling Capital...

Telkom incurs Sh300 million loss in running State-owned fibre optic cable

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Kenyan Wall Street | by Jackson Okoth Telkom Kenya has disclosed that it incurred a loss of KSh 300 Million after offering operational and management...

New law set to beef up sacco regulators roles

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Nation | by Brian Ngugi The long-awaited reforms in the co-operative sector have moved a step closer after parliament opened the draft National Cooperatives Development...
kenya revenue authority kra, taxation, tax, revenue collection

Small traders seek tax cuts for Covid recovery

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Nation | by Brian Ambani Small-scale traders have petitioned the government to reduce taxes to help them to survive the Covid-19 pandemic hardships. Stakeholders at the...

KAM, stores sue State over 1pc minimum tax on firms

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Business Daily | by Sam Kiplagat Retailers and manufacturers have sued the State over collection of one percent tax on gross turnover of companies arguing...

EACC gives Telkom Kenya sale a clean bill of health

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Business Daily | by Edwin Mutai The Ethics and Anti-Corruption Commission (EACC) has terminated investigations into allegation of irregular privatization, conflict of interest and restructuring...
budget, treasury, public borrowing

Helb seeking Sh11bn US syndicated loan

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Business Daily | by Lynet Igadwah The Higher Educations Loans Board (Helb) is seeking Sh10.98 billion ($100 million) syndicated loan from an undisclosed US multinational...
kenya-uk economic partnership agreement, kenya-uk trade deal, kenya-uk relations, uk flag, uk parliament

Kenya now eyes UK talks on free trade in services

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Business Daily | by Constant Munda Kenya has set its sights on fresh talks with the United Kingdom on free trade in services such as...