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Business news highlights

Fly 540 steps up competition with Ukunda flights

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Nation | by Boniface Otieno Fly 540 will start direct flights to Ukunda from Jomo Kenyatta International Airport (JKIA) on Friday, stepping up competition on...

EPZ companies shed 8,135 jobs

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Business Daily | by Patrick Alushula Firms operating in export processing zones (EPZs) shed 8,135 jobs in the financial year ended June as Covid-19 pandemic...

Boost for farmers as Brookside Dairy pays Sh100 million bonus

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People Daily | by Apollo Abraham Dairy farmers have received a major boost after processor Brookside Dairy released Sh100 million in bonus to its raw...

Standard Chartered Bank expects profit to fall by over 25%

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Kenyan Wall Street | by Miriam Wangui Standard Chartered Bank Kenya has issued a profit warning saying that “its current performance forecast indicates a substantial...

Fitch Ratings warns Kenya on its huge debt levels

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Kenyan Wall Street | by Jackson Okoth Fitch Ratings, a leading provider of credit ratings, has said Kenya will find it challenging to stabilize its...

Theatre gloom kills holiday mood as local films bloom

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The Standard | by Winnie Makena The oldest and iconic film theater in Nairobi, 20th Century – IMAX – along Mama Ngina Street, has been...
kenya-uk economic partnership agreement, kenya-uk trade deal, kenya-uk relations, uk flag, uk parliament

Kenya, UK sign trade agreement

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Kenyan Wall Street | by Miriam Wangui Kenya and the UK on Tuesday signed a trade agreement that aims to promote regional trade and boost...
budget, treasury, public borrowing

State-backed loans for SMEs capped at Sh5m

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Business Daily | by Constant Munda The Treasury has capped at Sh5 million the loan under the State-backed Credit Guarantee Scheme launched yesterday to help...