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Business news highlights

KCB seeks auction of National Oil on Sh3.8bn loan default

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Business Daily | by Edwin Mutai The cash-strapped National Oil Corporation of Kenya (Nock) risks asset seizure and auction over Sh5.3 billion defaulted bank loans,...
fuel prices, fuel subsidy, petroleum development levy

Petrol price rises by KSh 1.12 after KRA adjusts excise duty upwards

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Kenyan Wall Street | by Mwakaneno Gakweli Motorists will pay Ksh 106.55 for a litre of super petrol, up from Ksh 105.43 for the period...

Co-op Bank launches partnership to finance Toyota Kenya vehicles up to 95%

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The Standard | by Judah Ben-Hur The new partnership between Co-op Bank and Toyota Kenya will enable the bank's customers to purchase commercial and personal...
jomo kenyatta international airport, foreign travel, domestic travel

Kenya, India ink emergency flights deal

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Nation | by Leon Lidigu India has approved Kenya's request for special landing rights for emergency aircraft during the Covid-19 pandemic season. The arrangement announced on Wednesday...

Airtel, Samsung enter smartphone loan partnership

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Business Daily | by Doreen Wainainah Airtel Africa has partnered with Mastercard and Samsung to finance customers’ purchase of devices across Kenya and 13 markets...

Stawi SME loans slow down on Covid hit

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Business Daily | Uptake of mobile loans for small businesses declined due to covid-19 pandemic, stunting growth of the product launched by the Central Bank...
kenya power electricity supply ketraco

Artisan skills, diploma preferred to degrees for energy sector jobs

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Business Daily | by Edwin Okoth People with middle level skills such as diplomas and artisans are more attractive to the energy sector than those...

KRA wins Sh1.6bn tax row against Rift Valley Railways

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Business Daily | by Sam Kiplagat The Kenya Revenue Authority (KRA) has won a tax battle with Rift Valley Railways (RVR) after a tribunal ordered...