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Tycoon’s 6,700 acres to be auctioned over unpaid billions

Banks that gave Mombasa tycoon loans amounting to over Sh. 8 billion are set to start auctioning his 6,700 acres in a bid to...

Uchumi falls on NSE after full year loss report

Uchumi Supermarkets yesterday crashed to Sh. 2.80 per share after announcing a full year net loss for the 2016 financial year. By end of trading...

Uchumi posts Sh. 2.8 billion full year loss

Uchumi Supermarkets has announced a net loss of Sh. 2.8 billion for the 2016 year. This was a 17 per cent improvement from the Sh....

Loans to remain at 14pc as CBK retains key rate

The Central Bank of Kenya (CBK) has retained its base lending rate at 10 per cent. According to the Monetary Policy Committee (MPC), there was...

Home buyers to get 80 per cent financing at ICDC

Industrial and Commercial Development Corporation (ICDC) has announced that it will finance home buyers by up to 80 per cent. The state corporation will offer...

Breaking

Kenya hosts 450 investigative journalists for the African Investigative Journalism Conference

The Aga Khan University Graduate School of Media and...

Aga Khan University hosts over 170 Neurosurgeons for Pan-African Training course to advance the practice in Africa

The Aga Khan University (AKU) hosted the Pan-African European...

Absa Next Introduces Investment Solutions, Featuring the Absa Equity Fund with Returns of Up to 15.95% YTD

Absa Next is expanding beyond everyday banking into wealth...

Ecobank Kenya invests KES 1 million in digital learning to benefit over 300 learners

More than 300 learners at Thamuru Primary School in...