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Nakumatt files for bankruptcy, shuts down Nyanza branch

Emerging reports indicate that troubled retailer Nakumatt Supermarket has filed for bankruptcy. According to a report appearing in The Standard newspaper, Nakumatt on Monday...

Bob Collymore takes sick leave, to receive treatment for ‘months’

Safaricom chief executive officer Bob Collymore has taken a sick leave. According to a statement from the telecommunications giant, Mr. Collymore will be away...

WhatsApp introduces ‘unsend, delete’ tool for wrongly sent messages

WhatsApp has easily become the most widely-used app on Google's Play Store as well as iOS' App Store. The application boasts over a billion...

How much it’ll cost you to import a vehicle in Kenya

BY ERIC WOKABI / CAR IN MIND To import any commodity into Kenya, an importer will have to enlist the services of a clearing agent...

KCB to lend Sh. 10.4 billion to small businesses

KCB has received a $100 million (about Sh. 10.37 billion) loan from the African Development Bank (AfDB) for onward lending to small and medium...

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...