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Business news highlights

State agency revenues plunge Sh41bn on coronavirus woes

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Business Daily | by John Mutua Revenues raised by ministries and State agencies in the year ended June fell by Sh41.7 billion compared to the...
kenya power, electricity bills, electricity costs, electricity supply

Kenya Power risks Sh1.7bn fine over unclaimed assets

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Business Daily | by Patrick Alushula Kenya Power risks a Sh1.765 billion penalty for not surrendering to the State unclaimed assets that include dividends and stale...

Kenya’s nuclear energy project spills over 2030

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Nation | by Edwin Okoth Kenya’s plan to have a nuclear power plant will now wait beyond the 2030 timeline envisioned when the idea was...
avocado processing, export processing, agriculture

Kenya’s export trade goes digital

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The Standard | by Moses Omusolo Kenya has broken ground in online export promotion after it secured more than Sh200 million worth of orders in its first...
kenya power electricity supply ketraco

Energy suppliers gain as Kenya Power loses

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The Standard | by Macharia Kamau The Lake Turkana Wind Power (LTWP) became the third highest paid electricity producer in Kenya in its first year...

KRA probes Sh100m tax racket

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Nation | by Edwin Okoth Investigators from the Kenya Revenue Authority are probing a tax evasion syndicate at the port of Mombasa involving export of...

Centum subsidiary eyes boda boda riders with Sh50 a day savings scheme

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Business Daily | by James Kariuki Nabo Capital, a subsidiary of Centum Investment, has launched a Sh50 daily savings scheme targeting Kenya’s 1.4 million boda...

Nairobi Gate Industrial Park launches, signs major tenant

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The Standard | by Moses Omusolo It is a boost for local manufacturing as Nairobi Gate Industrial Park opens its doors for business. This is after the hub...