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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


Death of goodwill: Why Sh12m shops in Nairobi's prime streets remain vacant

Nairobi, Feb. 18 -- A few years ago, securing a shop in Nairobi's central business district (CBD) was akin to striking gold. A prime location meant steady foot traffic, visibility, and the potential f... Read More


Kenya's trade deficit widens as the gap between imports and exports grows after two-year decline

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


Kenya offers to buyback Sh64 billion Eurobonds

Nairobi, Feb. 18 -- Kenya is offering a price premium of up to 5.5 percent to buy back up to half a billion dollars (Sh64.5 billion) of its existing two Eurobonds in efforts to ease financing pressure... Read More