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Kenya Pipeline IPO extended to Tuesday

Nairobi, Feb. 19 -- The closure of Kenya Pipeline Company (KPC) IPO has been extended by three days until Tuesday next week amid the struggle to hit the sale target of Sh106.3 billion. The Capital Ma... Read More


Comesa probes Meta for locking rival chatbots out of WhatsApp

Nairobi, Feb. 19 -- The Comesa Competition and Consumer Commission (CCCC) has launched a probe into suspected anti-competitive practices by Facebook's parent firm Meta in the region, joining a long li... Read More


Court says fraud trial of KCB banker was proper despite acquittal

Nairobi, Feb. 18 -- The High Court has dismissed a lawsuit filed by a former employee of the Kenya Commercial Bank (KCB), seeking compensation for her arrest and prosecution over an alleged cheque fra... Read More


Court ends 'City Clock' feud, blocks ex-employee's rival brand

Nairobi, Feb. 18 -- A decade-long legal battle over Kenya's iconic street clocks has concluded with a High Court ruling favouring City Clock (Kenya) Ltd and restricting a competitor's branding. The c... Read More


Stamp duty hits low-value stock market transactions

Nairobi, Feb. 18 -- Low-value transactions on the Nairobi bourse including single share trading have been made expensive by the Sh2 stamp duty charge, hurting small investors. The stamp duty -charged... Read More


Bank card payments rise to Sh297bn on increased uptake by merchants

Nairobi, Feb. 18 -- The use of bank cards to pay for goods and services at formal retail outlets climbed to a fresh high to hit Sh297 billion last year on merchants uptake as the number of point-of-sa... Read More


Kenyan workers issue strike notice to Turkish Airlines on CBA claims

Nairobi, Feb. 18 -- The Transport Workers Union - Kenya (TAWU) has issued a 21-day strike notice to Turkish Airlines, escalating a labour row over alleged failure to conclude a collective bargaining a... Read More


KenGen-backed Sh107bn fertiliser factory set to sell carbon credits

Nairobi, Feb. 18 -- Kenya's first $832.76 million (Sh107.3 billion) green fertiliser project targets to sell carbon credits in the lucrative compliance market by removing carbon dioxide from the atmos... Read More


Kenyan men spend least time on unpaid care work in East Africa

Nairobi, Feb. 18 -- Kenyan men spend just 52 minutes a day on unpaid care work compared to women's 269 minutes, placing the country among the most unequal in East Africa. Unpaid care work refers to t... Read More


Perfume business boom as Kenyans seek to smell different, not familiar

Nairobi, Feb. 18 -- "Would you mind smelling like tea?" Peter Gitau, who has worked in the perfume business since 2015 and now leads the brand and content team at Cierra Perfumes, asks. "I'm not so s... Read More