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Business news highlights

Firms lose bid to resume logging in Nema ban row

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Business Daily | by Joseph Wangui A judge has dismissed a case filed nine years ago by two timber manufacturing firms seeking to overturn a...

Mombasa mega gas terminal to ease prices in upgrade

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Business Daily | by John Mutua Supply of cooking gas is set to increase following the upgrade of an import handling and storage terminal in...

Foreign investors pull Sh1bn from NSE on Covid-19 jitters

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Business Daily | by Patrick Alushula Foreign investors on the Nairobi Securities Exchange (NSE) turned net sellers in October, withdrawing Sh1.13 billion on increased risk...
geothermal power. kengen, gdc

KenGen targets gas fired plants to cut power costs

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Business Daily  | by Brian Ngugi State-owned KenGen is seeking seeking consultants to help convert existing thermal plants generating about 720 megawatts (MW) into gas...

Taxman eyes Sh5bn from digital businesses in six months

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Business Daily | by John Mutua The Kenya Revenue Authority (KRA) is eyeing to collect at least Sh5 billion through the new on online transactions...

Private sector records best month since January 2014

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The Standard | by Frankline Sunday October marked the best month for Kenya’s private sector since the outbreak of the coronavirus pandemic. The month saw businesses...
geothermal power. kengen, gdc

Ministry wants Kenya Power to clear producers debts

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The Standard | by Macharia Kamau The Ministry of Energy is pushing Kenya Power to pay the billions of shillings the company owes a power...

Kenya develops integrated marketing strategy to boost horticulture sector

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The Standard | by James Wanzala Kenya has developed a one-year marketing strategy for its horticulture products targeting the European Union, United Kingdom, Australia, United...