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Business news highlights

Safaricom voice market share increases to 64pc

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Business Daily | by John Mutua Safaricom’s market share of the voice market rebounded four percentage points in the three months to September driven by...
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Where top investors made money in 2020

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Business Daily | by Charles Mwaniki Government bonds and Treasury bills offered Kenyan investors the best returns this year after listed shares and property took...

Shoprite to quit Kenya January after Sh3bn loss

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Business Daily | by Otiatio Guguyu South African retailer Shoprite will permanently close its Kenya operations next month after suffering a loss of Sh3.2 billion...

Supreme Court orders Kebs to pay Dubai firm Sh2bn in contract row

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Business Daily | by Victor Juma The Supreme Court has ordered the Kenya Bureau of Standards (Kebs) to pay a Dubai-based firm Sh2 billion for...
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Safaricom share price hits record high after end of M-Pesa waiver

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Business Daily | by Constant Munda Safaricom share price has hit an all-time high in post-Christmas trade, pushed by continued demand for its stock after...
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Diamond Trust Bank (DTB) issues profit warning

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Kenyan Wall Street | by Business Reporter Listed tier 1 lender Diamond Trust Bank (DTB) Kenya Limited has issued a profit warning for the financial year...

Uchumi Supermarket is the top mover at the NSE

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Kenyan Wall Street | by Jackson Okoth Uchumi Supermarket was pushed up by speculative activity to the prime mover spot at the Nairobi Securities Exchange(NSE)....

Treasury borrowing from banks up 440pc as tax target falls short

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Business Daily | by Constant Munda Government’s net borrowing from commercial banks jumped nearly four-and-a-half folds in the first four months of the current financial...