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Photos: Millions lost as fire razes down Gikomba market

Fire has razed down Gikomba market in Nairobi. The Friday morning inferno destroyed property worth millions but efforts are ongoing to contain the situation. In...

Auctions rise as borrowers struggle to repay loans

BY REUTERS The Nairobi car auctioneer hopefully scanned empty rows of rickety plastic chairs in a dusty lot for more bids but saw only too...

Safaricom sacks 52 employees

Safaricom has sacked 52 employees suspected of involvement in fraudulent activities in the year ended March. The number is 16 more than the 36 it...

Ethiopia to overtake Kenya as biggest economy in Eastern Africa

BY THE EAST AFRICAN Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn...

Naivas Supermarket to launch online shop

Naivas Supermarket has announced that it wil be launching an online shop next month. The retailer has already committed Sh. 180 million to the opening...

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...