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Business news highlights

Rights groups suffer setback in Covid-19 isolation billing suit

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Business Daily | by Joseph Wangui The High Court has thrown out an application by two rights advocacy groups seeking to restrain the Ministry of...

Domestic debt cost tipped to rise on high maturities

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Business Daily | by Elizabeth Kivuva The government’s cost of borrowing from the domestic market is likely to go up from this month, pushed by...
nairobi city county

Kenya private sector activity improves in December – PMI

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Kenyan Wall Street | by Business Reporter Kenya’s private sector activity recorded a slight improvement in December following a sharp deceleration of growth in November, according to...

75pc of NSE firms on sound corporate governance footing

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Business Daily | Patrick Alushula Three-quarters of Nairobi Securities Exchange (NSE) firms have a strong corporate governance rating, latest audit by the regulator has shown,...

Carrefour sues taxman in Sh523m VAT refund row

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Business Daily | by Otiato Guguyu French retailer Carrefour has sued the taxman for rejecting a Sh523 million VAT refund claim over inconsistency with filings...
cost-cutting, pay cuts, allowances, austerity

Kenya firms cut pay for new jobs to cope with Covid pain

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Business Daily | by Constant Munda Kenya’s job market conditions remained dark in December despite a slight improvement in recruitment, a monthly survey shows. Companies weighed...

New levy to deny horticulture farmers over Sh350m

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Business Daily | by Gerald Andae Exporters of fresh produce have warned that farmers’ earnings will be cut by over Sh350 million following the implementation...

Bus firms sense a drop in business via KR bid

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People Daily | by John Otini Bus companies are warning of tough times ahead after Kenya Railways (KR) announced new train services, saying it will...