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Why Katani is not growing as fast as nearby Syokimau

Nairobi, Jan. 26 -- Darius Masenge, who has lived in Katani, a growing middle-class estate near Syokimau off Nairobi's Mombasa Road, for 13 years, says the area's transformation has been dramatic. Ev... Read More


CAK leaves review of Vodacom's buy of Safaricom stakes to regional regulators

Nairobi, Jan. 26 -- The Competition Authority of Kenya (CAK) will not conduct a full review of Vodacom Group's proposed acquisition of an additional 20 percent stake in Safaricom, leaving the transact... Read More


Kenyan homeowners spend up to Sh500,000 on decor pool tables

Nairobi, Jan. 26 -- For years, pool tables were fixtures found mostly in bars. Now, a growing number of Kenyans are setting aside space in their homes for pool tables. Reason? It is a functional acces... Read More


Absa Bank Kenya poaches executive from Stanbic

Nairobi, Jan. 26 -- Absa Bank Kenya has poached from Stanbic Bank Kenya as it restructures its business, reflecting the rising competition for top talent in the banking industry. Absa has appointed R... Read More


Kenya expands 2pc tourism levy to Airbnb, Booking.com rentals

Nairobi, Jan. 26 -- The Tourism Fund is set to expand the 2.0 percent tourism levy to operators of short-term rentals sold through digital hospitality platforms such as Airbnb, Booking.com and Jumia i... Read More


CBK targets Sh50 billion in February bond sales

Nairobi, Jan. 26 -- The Central Bank of Kenya (CBK) has opened the sale of the February Treasury bond, with investors keeping an eye on yields ahead of a potential rate cut in next month's monetary po... Read More


CAK leaves Vodacom-Safaricom full merger review

Nairobi, Jan. 26 -- The Competition Authority of Kenya (CAK) will not conduct a full review of Vodacom Group's proposed acquisition of an additional 20 percent stake in Safaricom, leaving the transact... Read More


Kindergarten owner fined for 'Johari School' trademark breach

Nairobi, Jan. 26 -- A Nairobi businesswoman has been ordered by the High Court to pay Sh2.5 million in damages for operating a school under the name "Johari School," misleadingly presenting it as an e... Read More


Court faults TUK for illegal deductions on senior lecturer's pay

Nairobi, Jan. 26 -- The Employment and Labour Relations Court has faulted the office of the vice-chancellor of the Technical University of Kenya (TUK) for unlawfully ordering deductions of alleged sal... Read More


Regulator clears buyout of fintech firm Riverbank

Nairobi, Jan. 26 -- The Competition Authority of Kenya (CAK) has approved KCB Group's acquisition of a 75 percent stake in an IT firm associated with former Football Kenya Federation president Nick Mw... Read More