Tag "Banks"

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Branch raises Ksh200 million in groundbreaking local commercial paper issue

Branch has has raised Ksh200 million through a commercial paper arranged by Nabo Capital. The mobile financial services company used its loan book as collateral for the facility in one

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Business highlights – September 21 2017

Thieving Kenyans responsible for Ksh621 million insurance sector loss Medical Insurance made an underwriting loss of Ksh621.64 million in 2016, an increase of 427% from 2015, the Insurance Regulatory Authority’s Annual Report

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Business highlights – September 20 2017

Online shopping platform Jumia set to introduce 700,000 new grocery and beauty products Online shopping portal Jumia intends to disrupt the grocery, beauty and baby products industry by introducing at least 700,000

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Afternoon business highlights – September 19 2017

Kenya moves to strengthen ties with UAE Kenya and United Arabs Emirates (UAE) have signed a bilateral agreement to establish a mechanism for political consultations aimed at strengthening existing bilateral relations and cooperation.

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Afternoon news headlines

News highlights Court due to give justification for nullifying August Presidential election The Judicial Service Commission has today held a meeting as Kenyans wait on the Supreme Court for an explanation as

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Business highlights – September 19

30,000 sorghum and barley farmers get Ksh2.2 billion from KBL Kenya Breweries Limited has committed to increase farmers’ payouts over the coming years to better the Sh2.2 billion the brewer paid

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Afternoon business highlights – September 18 2017

Economy will weather political storm, Vision 2030 Secretariat assures Kenya’s Vision 2030 Delivery Secretariat sees investment activities in Kenya increasing significantly after the October 17th repeat presidential elections on the back

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Business highlights – September 11 2017 – Uber, Taxify and Mondo drivers threaten to go on strike today

Uber, Taxify and Mondo drivers threaten to go on strike today Drivers of online taxi services, including Uber, Little, Taxify and Mondo have threatened to switch off their apps today. The

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Business highlights – September 6 2017 – Kenya looking to deepen trade ties with China

Kenya looking to deepen trade ties with China A new report by the Kenya Bankers Association (KBA) has found that Kenya is increasingly looking at the Chinese economy as a

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Fusion Capital sees mortgage backed securities as enhancers to housing loan access in Kenya

Mortgage-backed security can be used to help potential home-owners secure housing loans, real eastate developer and investment services group, Fusion Capital has affirmed. The announcement follows the August 2017 release

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