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Business news highlights

Banks cut mobile phone loans over CRB listing freeze

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Business Daily | by Patrick Alushula Banks cut digital lending to customers in the wake of a rise in non-payment following the six-month freeze on...

Clean-up at companies registry begins

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The Standard | by Macharia Kamau Thousands of businesses will be struck off from the registry of companies as the government starts a clean-up exercise...
cooperative bank of kenya

Banks in Sh17b hole over Covid restructured loans

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People Daily | by Lewis Njoka The Coronavirus pandemic has dealt a blow to the otherwise profitable banking sector, wiping off billions from the books...

Qatar’s new Nairobi labour office boost for Kenyan migrant workers

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Business Daily | by Gerald Andae Kenyans seeking to work in Qatar will leave the country aware of their terms of employment following the move...
international monetary fund imf

IMF to consider Kenya request in early 2021

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Kenyan Wall Street | by Jackson Okoth The International Monetary Fund (IMF) has agreed to fund the next phase of Kenya’s COVID-19 response. The IMF...
nairobi city county

O-City launches in Kenya, promising new era of contactless matatu payment

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Kenyan Wall Street | by Wandiri Gitogo UK based automated fare collection provider, O-City, has launched operations into Kenya heralding a new era of contactless matatu...
mombasa port

Kenya launches harmonized system for inspecting and clearing imports

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Kenyan Wall Street | by Miriam Wangui Kenyan manufacturers have launched a one-stop reference for all government agencies involved in inspection, verification and clearance of...

Kenyan startups Digiduka and OkHi selected for Facebook Accelerator Program

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Kenyan Wall Street | by Wandiri Gitogo Kenyan startups Digiduka and OkHi are among eight African startups selected for Facebook commerce accelerator program. The program running...