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CBK raises weekly Treasury bill target to Sh28bn

Nairobi, July 21 -- The Central Bank of Kenya (CBK) has raised its weekly borrowing target from the short-dated Treasury bills to Sh28 billion after a spike in domestic borrowing requirements for the ... Read More


UK-based asset firm the latest to enter Kenya in partnership deal

Nairobi, July 20 -- The world's largest asset management firms, like Janus Henderson and BlackRock, are seeking a piece of the Kenyan business through local partnerships, expanding domestic investors'... Read More


CAK probes supermarkets over misleading price tags

Nairobi, July 20 -- Top supermarkets, including Naivas, Carrefour and Quickmart, have found themselves on the competition watchdog's radar over price cheating amid rising complaints from consumers. T... Read More


Nairobi signals parking fee hike to at least Sh535

Nairobi, July 19 -- The Nairobi county government plans to increase parking charges to at least Sh535 and roll out a time-based tariff under a new pricing policy. The Nairobi City County Government T... Read More


Standard Investment Bank (SIB) founder on legacy, innovation and succession

Nairobi, July 16 -- In a rare interview with the Business Daily, Standard Investment Bank (SIB) founder and managing director James Wangunyu offers lessons on building a legacy, innovating for the fut... Read More


SIB founder James Wangunyu on legacy, innovation and succession

Nairobi, July 16 -- In a rare interview with the Business Daily, Standard Investment Bank (SIB) founder and managing director James Wangunyu offers lessons on building a legacy, innovating for the fut... Read More


Airtel loses fight against Safaricom's 10 cents tariff

Nairobi, July 16 -- Airtel lodged a complaint with the competition watchdog over Safaricom charging voice calls for as low as 10 cents a minute, underlining the rivalry between Kenya's top two telecom... Read More


Complaints about digital lenders jump five times

Nairobi, July 15 -- Complaints to the competition watchdog about digital lenders' hidden charges, change of borrowing terms and premature assets seizure amid tighter regulations aimed at curbing preda... Read More


EAPC gives squatters 30 days to pay for plots or vacate

Nairobi, July 15 -- East African Portland Cement (EAPC) has given squatters occupying its Sh4.6 billion land 30 days to pay for the plots to regularise their ownership or vacate. The company has aske... Read More


Gamblers beat NSE with Sh330bn stakes in one year

Nairobi, July 14 -- Gamblers placed bets worth a record Sh330.5 billion in the year to June as the State eased punitive taxes on the sector, which outpaced new investments at the Nairobi Securities Ex... Read More