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Kenya's trade deficit widens two-year decline as overseas shipments surge

Nairobi, Feb. 18 -- The gap between Kenya's imports and exports widened and reversed a two-year fall as rising overseas shipments outpaced sales of tea, flowers and vegetables to foreigners. Data fro... Read More


Education paradox facing African founders

Nairobi, Feb. 18 -- "Wisdom is not sold in the marketplace; it is earned in the field." Africa is now producing more graduates than at any time in its history. Degrees, MBAs, professional certificati... Read More


Kenya's sand boom needs smarter, community-led regulation

Nairobi, Feb. 18 -- The sun is rising in Kenya's Kajiado county, just outside Nairobi, and a truck is rumbling over dusty ground towards a riverbank. Young men guide the driver to a parking spot and t... Read More


Court sanctions bank to recover Sh864 million from Buzeki

Nairobi, Feb. 18 -- The High Court has backed a bid by I&M Bank to recover Sh864.7 million from Buzeki Enterprises Limited, a logistics company associated with businessman and politician Zedekiah Kipr... Read More


Airlines count losses after disruptive workers' strike

Nairobi, Feb. 17 -- Airlines have begun auditing the financial impact of flight disruptions at the Jomo Kenyatta International Airport (JKIA) due to a workers' strike that was called off on Tuesday. ... Read More


CA seeks tools to track quality of telecoms services

Nairobi, Feb. 17 -- The Communications Authority of Kenya (CA) is seeking to develop tools to automate tracking of users' experiences and performance of internet, calls, and text to hold accountable u... Read More


Tribunal reinstates KPC pipeline inspection tender

Nairobi, Feb. 17 -- The Kenya Pipeline Company (KPC) has been ordered to revive a cancelled tender worth $2.27 million (Sh292.9 million) for the inspection of its 450-kilometre multi-product pipeline ... Read More


Kenya Re blocked from cancelling asset valuation tender

Nairobi, Feb. 17 -- The Kenya Reinsurance Corporation (Kenya Re) has been put on the spot for attempting to dodge the award of a tender for valuing its multi-billion shilling assets, even after a comp... Read More


Drainage products firm wins tax fight with KRA

Nairobi, Feb. 17 -- The High Court has upheld a decision by a tribunal to block the Kenya Revenue Authority (KRA) from reclassifying a wastewater treatment plant imported by ACO Drainage Limited, deal... Read More


She quit medicine to become a mechanic, and built car inspection business

Nairobi, Feb. 17 -- She became a mechanic out of owning a jalopy. "With an old car, you have to learn how to fix things because old cars can be demanding," she says, remembering how breakdowns transfo... Read More