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double stack train cargo, standard gauge railway, sgr

SGR cargo volume jumps 28 percent

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Business Daily | by Bonface Otieno The volume of cargo transported on the standard gauge railway (SGR) went up 28 percent in February 2021 compared...
safaricom plc

Safaricom share sheds Sh124bn in 8 days at NSE

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Business Daily | by Patrick Alushula The Safaricom share has shed Sh124.2 billion in the last eight days of trading on price correction, pulling down the...

Kenya rating downgrade signals expensive loans

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Business Daily | by Brian Ngugi S&P Global Ratings has cut Kenya’s credit rating, dimming the country’s chances of tapping cheap credit on the international...

Reprieve for Mobius Motors in Sh73m tax demand

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Business Daily | by Joseph Wangui Kenya’s only home-grown automaker, Mobius Motors, is facing financial difficulties that has seen it seek court protection from the...
kenya ports authority mombasa

Imports cost jumps 66pc on shipping container shortage

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Business Daily | by Gerald Andae A shortage of empty shipping containers in China, Kenya’s major source market for goods, has pushed up the cost...

Agency revokes Sh524m NHIF tech system tender

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Nation | by Dominic Wabala The Public Procurement Administrative Review Board (PPARB) has cancelled a controversial Sh524 million tender by the National Hospital Insurance Fund...

Treasury set to float Sh75bn roads bond

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Business Daily | by Edwin Mutai The Treasury will float a third road bond of Sh75 billion by end of June, whose proceeds will be...
budget, treasury, public borrowing

Agencies pending bills fall Sh24bn on State’s supplier pay push

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Business Daily | by Patrick Alushula Pending bills by State agencies dropped by Sh23.7 billion in three months to last December, new data shows, pointing...