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Business news highlights

Horticulture exports defy Covid-19 to increase 8.6pc in ten months

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Business Daily | by Gerald Andae Earnings from horticulture in the first 10 months of the year have defied the Covid-19 economic fallout to rise...

KCB likely to issue profit warning on Covid woes

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Business Daily | by Patrick Alushula KCB Group is on course to issue a profit warning this year, weighed down by a sharp increase in losses...

Value of agency banking up Sh900bn on demand

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Business Daily | by Otiato Guguyu The value of agency banking transactions jumped by 18.75 percent to Sh5.7 trillion in the year ended June 2020,...

Kenya eyes special zones to spur trade

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People Daily | by Steve Umidha Kenya has deepened its pitch for foreign investments with a planned gazettement of more special economic zones (SEZs), Kenya...

Eight to pay Sh4m for locking out women from golf roles

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Business Daily | by Joseph Wangui A court has ordered eight golfers to pay Sh4.4 million as legal costs for a case involving exclusion of...

SafeBoda set to exit Kenyan market

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Kenyan Wall Street | by Mwakaneno Gakweli The Ugandan ride-hailing app, SafeBoda, has announced that it will cease to operate in Kenya from November 27. The...
safaricom plc

Senate revives Safaricom’s market dominance debate

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People Daily | by Hillary Mageka Senators have reignited the push to have giant communications company, Safaricom Plc declared a dominant player even as the...

KCB sues Nairobi County on Sh5 billion defaulted Equity loan

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Business Daily | by Sam Kiplagat KCB Group has moved to the High Court to enforce the collection of Sh4.3 billion worth of loan and...