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Business news highlights

Investors report Cytonn to CMA over Sh122m default

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Business Daily | by Otiato Guguyu Investors have filed complaints with the Capital Market Authority (CMA) against investment firm Cytonn for failure to pay Sh122.8...

NSE extends suspension from trading Kenya Airways shares for 6 months

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Kenyan Wall Street | by Mwakaneno Gakweli The Nairobi Securities Exchange has extended the suspension from trading Kenya Airways shares for another six months. The...

Court stops Tuskys from cutting more jobs in turnaround

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Business Daily | by Boniface Otieno A High Court judge has stopped Tuskys Supermarket from laying off more unionised workers amid a restructuring plan aimed...

Kenya primed for Sh325m Google recovery kitty

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The Standard | by Frankline Sunday Kenyan entrepreneurs and learners stand to benefit from a Sh325 million economic recovery programme by technology giant Google. The initiative is...

Pension Scheme members to buy residential houses using a portion of benefits

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Kenyan Wall Street | by Wandiri Gitogo An amendment to the Retirement Benefits Authority Act (1997) gazetted by Treasury will see pension scheme members access...

Tuskys owners risk loss of shares in Sh2bn deal

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Business Daily | by Victor Juma The investor intending to provide Tuskys with a Sh2 billion loan seeks to secure the debt using all of...
train cargo, standard gauge railway, sgr

Higher levy plan for importers avoiding SGR

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Business Daily | by Edwin Mutai Importers who choose to transport goods by road face higher rail import levy in a move aimed at encouraging...

Oserian, COTU strike deal to rehire workers who declined pay cut

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Business Daily | Oserian flower firm has reached an agreement with a labour union that will see employees who had been dismissed for refusing to...