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Business news highlights

Sarova goes into restaurant business

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Business Daily | by Elizabeth Kivuva Hotels chain Sarova Hotels and Resorts has ventured into the restaurant business in the wake of Covid-19 that has...

Treasury plans Sh100bn SME loans cover entity

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Business Daily | by Constant Munda The Treasury plans to help set up a private sector-led company to de-risk lending to credit-starved small traders after...

Kenya loses bid for tax on EAC bottle imports

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Business Daily | by Edwin Okoth Kenya has lost a bid to impose a 25 per cent excise tax on imported bottles from the East...
fuel prices, fuel subsidy, petroleum development levy

Petrol prices up as pump pain looms in January

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Business Daily | by Edwin Okoth Petroleum prices rose marginally this month based on November global price and motorists face higher pump prices in January following...
jomo kenyatta international airport, foreign travel, domestic travel

Survey: Kenya among most open countries to African visitors

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The Standard | by Frankline Sunday Kenya has been ranked among countries with the most open borders in Africa, in a report that highlights the...
kenya-uk economic partnership agreement, kenya-uk trade deal, kenya-uk relations, uk flag, uk parliament

Kenya to gradually remove taxes on UK goods in pact

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Business Daily | by Constant Munda Kenya will gradually remove taxes on imports from the UK after seven years following a trade pact the two...
jomo kenyatta international airport, foreign travel, domestic travel

Christmas airline tickets on Nairobi-Mombasa route soar to Sh16,000 one-way

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Business Daily | by Gerald Andae Airlines expect to record improved business during the holiday season with some carriers having full booking on some days...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power fails to stop Sh5.5m award for electric fire damage

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Business Daily | by Lynet Igadwah Kenya Power has lost its bid at the Court of Appeal to reverse a Sh5.5 million compensation awarded to...