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Interest rates have hit economy badly, says CBK

The Central Bank of Kenya (CBK) has said that the introduction of interest rates has affected the economy badly. Speaking at a briefing in Nairobi,...

Mombasa to get Dubai-like vehicles free trade zone

The port of Mombasa is set to get a Dubai-like vehicles free trade zone popularly known as FTZ. An FTZ is a re-export gateway where goods in transit...

Bidco enters soft drinks market with launch of fruit juice

Bidco Africa has ventured into the soft drinks market with the launching of a new juice product dubbed Suntop juices. This product was launched yesterday...

50*50 plots in Kiambu’s Tatu area selling at Sh. 5.2 million each

A plot of land at Tatu City real estate in Kiambu is now selling at Sh. 5.2 million. This is after the price of a...

Kenyans to send, receive money across all networks in real time

Kenyans will soon be able to send and receive money across networks in real time. The Communications Authority of Kenya (CA) said mobile money operators...

Breaking

Standard Chartered Uganda sells Wealth and Retail Banking business to Absa Bank Uganda

Standard Chartered Uganda Limited has completed the sale and...

Kenya MSME lending hits KES 424.67 Billion as Equity Bank leads financing market

Kenya’s commercial banks disbursed KES 424.67 billion in new...

Quickmart shares rise 18.7pc in strong NSE debut

Quickmart shares recorded a strong debut at the Nairobi...

KDF announces recruitment drive for cadets, graduates and tradesmen: How to apply

The Kenya Defence Forces (KDF) has opened applications for...