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Banks profit hits 8-year low on Covid disruptions

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Business Daily | by Patrick Alushula Banks have posted the lowest 11-month pre-tax profit in eight years, pointing to the massive disruption of Covid-19 to...

Covid wipes out 2,100 car sales but December was best month

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The Standard | by Peter Theuri That 2020 drove the world crazy is an unfunny paradox, especially because car sales in the country tanked significantly...

Jambo Pay to roll out IoT network

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The Standard | by Frankline Sunday Payments services company Jambo Pay is set to roll out an Internet of Things (IoT) network in Kenya, setting...

Unpredictable tax regime hurting economy – experts

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Nation | by Peter Mburu The government’s frequent introduction of new taxes and failure to develop a proper tax policy framework is hurting the economy...

WhatsApp takes to Status, assures users of privacy

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The News | WhatsApp used its Status update for the first time ever, using it to tell users that it would not violate their privacy...

Iran opens Nairobi technology hub

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The Standard | by Wainaina Wambu Iran has unveiled a large scale innovation hub in Kenya to deepen trade ties. The Iran House of Innovation...

State now considers blacklisting contractors who delay projects

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Nation | by Waikwa Maina The State department of Trade, Industrialisation and Enterprise has threatened to blacklist contractors and suppliers lagging in implementation of government...

EABL half-year profit down 47pc on Covid-19 disruption

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Business Daily | by Patrick Alushula East African Breweries Limited (EABL) has posted a 47.4 per cent net profit decline in six months to December...