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Business news highlights

Tullow spends Sh29bn on local suppliers in six years

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Business Daily | by Brian Ngugi British oil exploration company Tullow has spent Sh29 billion on local contractor payments in the last six years, data...

Longer wait for fate of troubled National Oil

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Business Daily | Edwin Mutai Parliament will wait longer to know the fate of cash-strapped National Oil Corporation of Kenya (Nock) after Petroleum and Mining...

Three more Tuskys outlets set to be auctioned

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Nation | by Hilary Kimuyu The auctioneer’s hammer has come calling again as three more Tuskys outlets risk being auctioned, with landlords seek to dispose...

High Court allows KTDA to hold directors’ elections

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Nation | by Sam Kiplagat The High Court has allowed the Kenya Tea Development Agency (KTDA) to go ahead and hold elections for factory directors...

Kenyans pay Sh35bn for non-existent insurance

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Business Daily | by Otiato Guguyu Businesses and individuals have spent Sh35.73 billion on non-existent insurance covers after brokers failed to remit premiums, exposing the...

Posta’s virtual mail service yet to bring good financial news

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Business Daily | by Kevin Rotich The advent of the mobile phone and social media was not good news for Postal Corporation of Kenya. These advances...

Ministry in push for Micro and Small Enterprises policy

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People Daily | by Lewis Njoka Trade Cabinet Secretary  Betty Maina has proposed a raft of measures meant to spur market access which is among...

Sh3bn fertiliser plant to open in Nakuru this year

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Nation | by Lynet Igadwah Kenya’s first fertiliser manufacturing plant is set for opening in Nakuru by end of the year, in what is expected...