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Business news highlights

Banks slash ATMs to seven-year low

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Business Daily | by Patrick Alushula Banks have cut automated teller machine (ATM) numbers in Kenya to a seven-year low as customers increasingly turn to...
safaricom plc

Safaricom seeks unit trust, insurance launch approval

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Business Daily | by Patrick Alushula Safaricom is seeking regulatory approvals to launch insurance, unit trust and saving products as it races for a larger...

Twiga Foods now sets sights on East, West African markets

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Business Daily | by Kevin Rotich Twiga Foods will early next year expand to the East and West African regions as it seeks to grow...

Equity Bank sees Sh50bn cash flow hit

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Business Daily | by Patrick Alushula Equity Group expects up to Sh50 billion delay in loan principal and interest receipts in the next three years...

Media houses ask State to clear huge debt, restore advertising

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Nation | by George Odiwuor Senior editors want the government to revert to direct advertising through media houses in order to ensure their survival during...

Index: Private sector growth drops on virus resurgence

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People Daily | by People Team Kenya’s private sector recorded a surprise decline in general performance in November as businesses lost ground amid concerns over...

Women still a minority of top managers in media, study shows

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The Standard | by Anyango Otieno Women form a minority of leaders and top managers in media organisations, a new report shows. The study, titled The Missing...

Kenyan Chebet Lesan wins Africa’s Business Heroes Award

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Kenyan Wall Street | by Miriam Wangui Kenya’s Chebet Lesan beat over 22,000 applicants to emerge the Grand winner of the Africa’s Business Heroes Award...