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Business news highlights

Uasin Gishu to pay telco Sh1m for cables damage

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Business Daily | by Otiato Guguyu Uasin Gishu County has been ordered to pay Sh1 million to Jamii Telecom for destruction of its internet cables...

Wealthy Kenyans race to buy Caribbean citizenship

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Business Daily | by Allan Olingo Wealthy Kenyans have stepped up the search for a second passport in the exclusive small Caribbean island nations of...

Auctioneers sue banks for snubbing forced sale of seized assets

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Business Daily | by Otiato Guguyu Auctioneers have launched a court bid to stop banks from shunning forceful sale of property seized from loan defaulters...

MyDawa Partners with AstraZeneca

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Kenyan Wall Street | Miriam Wangui Kenya’s pharmaceutical company MYDAWA has partnered with the British biopharmaceutical company AstraZeneca, one of the companies leading in the...

Cotton industry in Nyanza hampered by low prices

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Nation | by Dickens Wasonga Fluctuating prices and ineffective management of cooperative societies are derailing the revival of the cotton industry in Siaya county. Farmers in...

Investor asks court to liquidate Cytonn over Sh14m debt

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Nation | by Joseph Wangui A businessman has moved to court seeking liquidation of property dealer Cytonn Investment Management Plc over failure to settle a...

Hoteliers reject calls for fresh Covid restrictions

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People Daily | by John Otini and Roy Lumbe Hospitality sector players have rejected calls on the government to restrict movement during the holiday season...

Mobile loans offer SMEs lifeline amid virus crisis

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People Daily | by Li Jiuping Mobile money emerged the most popular source of credit for small and medium enterprises (SMEs) in Kenya amid Covid-19...