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Business news highlights

State mulls reverting KTDA to parastatal

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Business Daily | by Edwin Mutai The government is considering a takeover of the Kenya Tea Development Agency (KTDA) Limited and have it revert to...

Unilever retains Kenya operations as it shifts strategy gears

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Business Daily | by Anita Chepkoech and Brian Wasuna Unilever Tea Kenya Limited will retain operations in Kenya as its parent firm mulls a change...

Hope for cheaper power as State plans to cut system losses

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The Standard | by Macharia Kamau The government will cut the amount of power lost during transmission to 15 per cent. The move could potentially translate...

Firm’s bid to wind up Tuskys over Sh250m debt kicks off

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The Standard | by Dominic Omondi The beginning of what might be the end of a family empire begins tomorrow when the government starts the...

Coca-Cola fails to settle ‘dirty’ soda case out of court

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Business Daily | by Victor Raballa Coca-Cola has failed to reach an out-of-court settlement with 58 people who claim to have fallen ill after taking...

Kenya Power protests tariff increase freeze

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Business Daily | by Edwin Okoth Kenya Power has sent the Energy ministry a letter protesting delays by the energy regulator in reviewing electricity charges...

Kenya Meat takes forensic audit path in assessment

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Business Daily | by Allan Odhiambo The government has lined up a forensic audit of the operations of the Kenya Meat Commission (KMC) amid concerns...

NBK ordered to pay Ecobank Sh500 million in driving licence row

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Business Daily | by Sam Kiplagat National Bank of Kenya (NBK) has been ordered to pay Ecobank over half-a billion shillings for a botched financing...