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Banking sector remains stable in spite of volatile global economy

  The Kenyan banking sector remained stable and resilient in 2015 in spite of a volatile global market and a slowdown in global economic growth, the Central Bank of Kenya

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Nairobi businesses, banking sector hit hard by anti-IEBC demos, Kepsa research reveals

  Kenya’s banking and financial sectors were greatly affected by the anti- IEBC demos where the two sectors lost an average of Sh166,727 per day, the latest study from the

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Business news highlights

Banking sector remains stable despite volatile global economy The Kenyan banking sector remained stable and resilient in 2015 in spite of a volatile global market and a slowdown in global

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Business news highlights

Cytonn breaks ground on Sh5.5 billion project as real estate developer moves to cash in on property market Regional property developer, Cytonn Real Estate has held its groundbreaking event for Situ Village,

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South Africa’s sins forgotten as rand recovers following Britain’s vote to leave EU

South Africa’s currency, which was forecast to perform the worst in emerging markets this year, is also the one benefiting most from the clamor to boost returns in the wake

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Nigeria resumes paying militants as fighters take on gangs sabotaging oil pipelines

Nigeria has resumed payments to former militants in the country’s oil-rich Niger River delta as the military targeted gangs involved in sabotage of pipelines. The move comes just as the

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Chinese furniture fashion ravages West Africa’s forests

West Africa’s logging industry is facing a tumulous time with confusion over permits, illegal harvesting of trees, seizures of trucks, and finally, a blanket ban on rosewood exports in 2014.

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Kenya, France ink Sh3.63 billion power deal

More Kenyans are set to be connected to the national power grid following the signing of a Sh3.63 billion deal with France. The deal will provide funds for a mini-grid

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Uhuru under pressure over Bill seeking to cap lending rates

  Pressure continues to pile on President Uhuru Kenyatta over a Bill seeking to cap lending rates after the Central Bank of Kenya (CBK) yesterday cautioned the Head of State

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Business News Briefs

American fast-food chain Hardee’s to branch into Sub-Saharah Africa following launch of Nairobi outlet American fast-food chain, Hardee’s Food Systems, will enter sub-Saharan Africa by opening an outlet at Nairobi’s