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Business news highlights

Centum sells Sh12bn assets to reduce real estate risks

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Business Daily | by Victor Juma Centum Investment Company is selling land and property valued at Sh12 billion to reduce its exposure to the real...

Rising electricity bills push manufacturers to the wall

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The Standard | by Peter Theuri Firms are hurting from the high cost of electricity even as Kenya Power and Lighting Company (KPLC) got approval...

KAA settles on contractor to build Nakuru airport

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Nation | by Eric Matara For nearly two decades, Nakuru's journey towards having an airport has been bumpy and the idea remained just a dream. However,...

Sh10 billion World Bank grant set to shore up county fisheries supply

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The Standard | by Patrick Beja Mombasa County seeks to increase its investment in the blue economy and improve market access for the fisher folk...

Miritini rehab centre gets boost from KPA (Mombasa)

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Daily Nation | by Brian Wachira The Kenya Ports Authority (KPA) has donated Sh1 million to the Miritini Rehabilitation Centre in Mombasa as part of...

Centum sucked into Coke, KRA Sh3.7bn tax war

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Business Daily | by Victor Juma Centum Investment Company agreed to compensate the buyer of its Coca-Cola beverage businesses to the tune of $34.4 million...
central bank of kenya cbk

Top banks protest CBK freeze of new loan interest rates

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Business Daily | by Patrick Alushula The Central Bank of Kenya (CBK) has frozen a bid by banks to raise the cost of loans following...

Farmers to benefit from Sh1.6b fund

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People Daily | by Mwangi Mumero International Fund for Agricultural Development (IFAD) has announced funding for small-scale farmers across the globe with Sh1.6 billion fund. Funding,...