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Business
Carrefour Kenya Presents New Store at Westgate Mall
This will be the 12th store by Carrefour as it continues to cater to the growing need of modern retail stores in Kenya 200 jobs created for the local community as a result of new store opening New store serves the residents of Westlands,…
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Saccos Show Resilience To Grow Deposits Despite Covid- 19
Established under the Sacco Societies Act, 2008 with the principal responsibility of licensing, regulating, and supervising Sacco Societies in Kenya, the Sacco Societies Regulatory Authority (SASRA) is a State Corporation under the Ministry…
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KenGen clinches Ksh 709 million deal to drill geothermal wells in Djibouti
KenGen is the leading electricity generation company in Eastern Africa with a market share of about 70 per cent. The company’s primary business is to provide affordable and dependable electric energy for the country in an environmentally…
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Panic among borrowers as loans restructuring phase lapses
The Central Bank of Kenya in March last year through a circular directed that Kenyan banks restructure loans to cushion borrowers from the adverse economic effects brought about by the Corona virus disease that saw many businesses shut down…
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Rubis Energy Kenya transfers acquired petrol stations to the Rubis banner
Rubis Energy Kenya has reiterated its commitment to the market with the transfer and rebranding of acquired Gulf Energy and KenolKobil petrol stations to the Rubis banner. This follows the unveil of 7 new rebranded petrol station at Ngong…
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East African Safari Air Express launches direct flights to Lodwar
By K. Mogallo
Budget airline East African Safari Air Express (formerly Fly-Sax) has commenced direct flight to Lodwar via Eldoret from Nairobi, increasing competition on a route served by Skyward Express.
The company, which rebranded to…
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Samsung Hosts Smartphone Experience
Samsung Electronics East Africa today hosted its first ever Smart Phone Experience event at the Urban Eatery restaurant in Nairobi. The event was aimed at showcasing the new smartphone technology that is available to smartphone users from…
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Toyota Kenya and Sendy partner to support riders in the acquisition of Yamaha bikes
Online logistics platform, Sendy, and Crediation, a fintech firm based in Nairobi have entered into a financing agreement that will enable riders on the platform acquire Yamaha motorcycles from Toyota Kenya through flexible installment…
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KenGen announces 13 Billion Profit for the year ended June 2020
The Leading energy producer, KenGen, has announced a Ksh.13.9 Billion profit before tax for the Financial year ended June 2020. This translates to 8.3% growth in profit from the previous financial year where the company announced Ksh 11.6…
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Good business for SGR cargo as Kenya Railways adds wagons
Kenya Railways is locally building 330 wagons as part of its expansion plan for the Standard Gauge Railway (SGR) cargo business.
This translates to about five trains, a boost to its operations which picked towards the end of the year,…
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