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Business news highlights

Queries as ministry takes over national fibre project from struggling Telkom

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The Standard | by Frankline Sunday Telkom Kenya has handed over the National Fibre Optic Backbone Infrastructure (Nofbi) to the government amid questions over the...

Sh5b agribiz programme to fund women, youth projects

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The Standard | by James Wanzala The youth and women in agribusiness stand to benefit from a Sh5 billion donor-funded programme in Machackos, Kisii, Uasin...

G20 promises no let-up in stimulus, sees tax deal by summer

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The Standard | by Reuters The world’s financial leaders have agreed to maintain expansionary policies to help economies survive the effects of Covid-19, and committed...
kenya-uk economic partnership agreement, kenya-uk trade deal, kenya-uk relations, uk flag, uk parliament

Kenyan exports could attract additional UK tariffs over deal

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The Standard | by Frankline Sunday Kenyan exports to the United Kingdom could be subject to additional tariffs by the end of this year if...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power posts Sh593 million drop in half-year revenue

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Kenyan Wall Street | by Miriam Wangui A slow recovery in the demand for electricity by industrial consumers hurt Kenya Power’s half-year revenue. Revenue from...

French group, EDF acquires stakes in two Kenyan energy companies

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Kenyan Wall Street | by Eunniah Mbabazi French energy group, EDF has announced the buying stakes in two Kenyan companies; a 50% stake in solar...

Standards agency acts to enhance LPG safety

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Nation | by James Kariuki The standards agency has released new rules forcing manufacturers to invest in new materials when making cooking gas cylinders and...

Saccos shrug off Covid to post 12 per cent growth

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Nation | by James Kariuki Deposit-taking (DT-saccos) shrugged off the adverse economic ills brought by Covid-19 menace to post an average of 12 per cent...