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Business news highlights

SWVL launching long distance trips next week

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Business Daily | by Bonface Otieno Egypt-based ride-hailing service provider SWVL will unveil long-distance trips outside Nairobi next week as part of its diversification plans...

Jumia eyes third party deliveries to lift profit

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Business Daily | by Kevin Rotich E-commerce platform Jumia Kenya has expanded its logistics arm to include third party deliveries. The firm’s chief executive officer Sam...

Coffee chain Java resorts to job cuts

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Business Daily | by Doreen Wainainah Coffee chain Java is cutting its workforce through a voluntary exit programme as reduced revenue from the Covid-19 pandemic...

Equity Group’s profit down 14pc on Covid

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Business Daily | by Victor Juma Equity Group posted a 14.5 percent decline in net earnings in the nine months ended September on the back...

Kenya, Dar row brews over 5pc cargo tax

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Business Daily | by Stanley Ngotho Kenyan truckers have been driven over the edge by a new Tanzanian law subjecting their lorries passing through Namanga...
avocado processing, export processing, agriculture

Kenya earns Sh14bn from avocado exports

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Business Daily | by Steve Otieno Kenya’s avocado exports jumped 15 percent to 68,000 tonnes over the 12 months to October, fetching the country Sh14...
kenya-uk economic partnership agreement, kenya-uk trade deal, kenya-uk relations, uk flag, uk parliament

Nairobi clears UK debt for first time since 60s

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Business Daily | by Otiato Guguyu Kenya has for the first time since independence cleared direct loans owed to the United Kingdom, its former colonial...
domestic carriers, jambojet, domestic flights

Jambojet records 70pc capacity on Kisumu-Eldoret-Mombasa flights

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Business Daily | by Gerald Andae Budget carrier Jambojet is recording a 70 per cent capacity on direct flights on Kisumu-Eldoret-Mombasa route with the demand...