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Survey reveals Kenya’s leading companies in customer care
Naivas, alongside Britam, Oil Libya, DSTV, Airtel, KCB and Aga Khan Hospital lead their respective sectors/CFM NAIROBI, Kenya, Aug 2 – Seven companies have been identified as the most responsive to...
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Tea companies recover due to favorable weather, better world prices
Kenya’s growth in 2018 has mainly been driven by a recovery in activities of Agriculture as well as improved output in Wholesale and Retail Trade, Manufacturing, and Real Estate sectors/FILE NAIROBI,...
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Kenya has 250,000 credit cards compared to 10m debit cards
Barclays Bank of Kenya controls 40 percent of the credit card market/COURTESY NAIROBI, Kenya, Aug 3 – Only 250,000 Kenyans own credit cards in a market where about 3 million Kenyans are eligible for...
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Kenya gets Sh70b of the Sh100b private equity funds inflows to East Africa
Foreign investors are channelling their funds towards agri-business, healthcare and tech companies with the opportunity to scale up and disrupt traditional business models/File NAIROBI, Kenya, Aug 6 –...
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Kenyan fresh produce storage firm shortlisted for international award
NAIROBI, Kenya, Aug 6 – FreshBox has been shortlisted for the international Off-Grid Cold Chain Challenge award. The firm, which retails solar-powered storage facilities for fresh food preservation,...
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VIDEO: Cerebral Palsy hasn’t stopped Kenyan girl from being a DJ
NAIROBI, Kenya, Aug 6 – 25 -year-old Winnie Wanjiku has Cerebral Palsy, a condition that affects the movement of limbs. But that has not stopped her from pursuing her dream of being an international...
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Reelforge to monitor online advertising in Kenya after inking deal with partner
NAIROBI, Kenya, Aug 7 – Reelforge Media Intelligence, media monitoring and Research Company in Nairobi, has announced a partnership with Ones & Zeros to introduce online advertising monitoring to...
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Govt sets aside Sh25mn for Skal World Congress 2018
Skål is a body that incorporates tourism players both in travel and hospitality sectors/FILE NAIROBI, Kenya, Aug 7 – Over 500 delegates are expected in the country to attend the 79th Skål International...
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Kenya among top four countries in e-trade facilitation within COMESA
COMESA region would annually gain US$17.5 billion in intra-COMESA exports if all the member States fully implemented the digital trade facilitation reforms that involves the use of paperless trade...
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Kenya’s Spa and Wellness sector hit Sh5b in 2017
NAIROBI, Kenya, Aug 9 – Kenya’s Spa and Wellness sector hit Sh5 billion in 2017 according to Spa and Wellness Association of Africa (SWAA) Kenyan Chapter. Winnie Taylor, of Body Evolution by Winnie...
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Africa spends $35b annually to import food: AfDB
Africa Development Bank President Akinwumi Adesina NAIROBI, Kenya, Aug 9 – Africa spends an average of US$35 billion a year to import food according to African Development Bank President Akinwumi...
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Tullow to resume transportation of crude oil to Mombasa from Aug 22
During the pilot period, 2,000 barrels of oil per day are being transported to Mombasa by road from Turkana and stored at the Kenya Petroleum Refinery facility in Changamwe, Mombasa. NAIROBI, Kenya,...
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Serena Hotels posts loss of Sh168m for half year 2018
Sales went up marginally to Sh2.68 billion from Sh2.62 billion in 2017/FILE NAIROBI, Kenya, Aug 14 – Serena Hotels has posted a loss of Sh168 million in the first half of 2018, a reduction of the Sh188...
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ARM Cement appoint Linus Gitahi as Board Chair
NMG Chief Executive Officer Linus Gitahi also attended the briefing/ FILE NAIROBI, Kenya, Aug 14 – Former Nation Media Chief Executive has been appointed the Chair of the ARM Cement Board following the...
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Kenya to sign Sh380b loan with China for Naivasha – Kisumu SGR line
China is currently financing Section 2A SGR line from Nairobi to Naivasha that is currently under construction valued at Sh150 billion. NAIROBI, Kenya, Aug 17 – Kenya is set to sign Sh380 billion debt...
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National Bank posts Sh282M loss in first six months of 2018
Management says the bank is yet to receive comprehensive capital injection promised from the government but says the process is ongoing./FILE NAIROBI, Kenya, Aug 22 – National Bank of Kenya (NBK) has...
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Medical suppliers lost Sh114mn in sales due to delays at Inland Container Depot
The delays come at a time when demand for drugs and medical supplies is growing steadily as the government implements universal healthcare coverage programme through the NHIF/file NAIROBI, Kenya, Aug...
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Mavuno invests Sh16mn in public schools refurbishment in Nairobi
Milton Jumba, Executive Pastor at Mavuno Church in Charge of City Impact says the 2018 spread the Love campaign will be repainting classrooms and rebuilding kitchens and toilet blocks in five public...
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Kenya Power blames vandalism for power outages in rural areas
Speaking during The Great Energy Debate Kenya Power Acting Managing Director Jared Otieno says Vandalism has become rampant especially in the rural areas/FILE NAIROBI, Kenya, Aug 24- Kenya power has...
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UAP half year profit down 61pc on S. Sudan woes, retrenchment costs
The firm’s Chief Executive Peter Mwangi attributes the decline in profitability to difficult operating conditions in South Sudan and to a lesser degree in Tanzania NAIROBI, Kenya, Aug 27 – UAP has...
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