Month: October 2020
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Business
Twiga Chemicals spared auction over Sh70 million debt
A court has temporarily barred a Nairobi-based law firm from attaching or auctioning assets of Twiga Chemical Industries Limited because…
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Business
How cash-strapped National Oil lost Sh2.3bn in fuel racket
Cash-strapped National Oil Corporation of Kenya (Nock) lost more than Sh2.3 billion in a mega scandal involving diversion of fuel…
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Business
Co-op Bank needs Sh12.5 billion to revive fortunes of acquired of Jamii Bora
Co-operative Bank of Kenya will require up to Sh12.5 billion to revive the fortunes of the acquired of Jamii Bora, now…
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News
Zanzibar presidential candidate ‘arrested’ as voting begins
The main opposition party in Zanzibar says its presidential flag bearer has been arrested. The party, ACT Wazalendo, says Maalim…
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Business
NCBA loses Sh25.4m to hackers, another Sh190m attempted theft flops
Depositors and investors in financial institutions have a reason to worry over safety of their hard earned income as tech…
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News
Moments of truth: Ruto was part of handshake, Uhuru says
President Uhuru Kenyatta has revealed that DP William Ruto was working behind the scenes to ensure the Handshake became a…
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News
Co-op Bank will invest aggressively in Kenyan market over next 5 years – Gideon Muriuki
Co-operative Bank will invest aggressively in the Kenyan market over the next five years, putting on hold earlier plans to expand…
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News
Why Uhuru was given standing ovation at Bomas
President Uhuru Kenyatta on Monday was treated to a unique birthday gift by a crowd of over 6,000 people at…
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News
ICC denies talk of fresh Ruto probe as allies revive claims
The International Criminal Court has distanced itself from any investigations which might be going on in the country with the…
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Business
Co-op Bank hires McKinsey & Company to review its lending processes
Co-operative Bank has hired management consulting firm McKinsey & Company to review its lending processes with an aim of reducing the…
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