Category: Economy&Finance
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The Kenya National Chamber of Commerce & Industry–Nairobi Chapter (KNCC&I) and the Institute of Packaging Professionals Kenya (IOPPK) have partnered with UAE-based MXM Dubai Events to host the 9th edition of the AgroFood-PlastPack Exhibition from August 21–23 at the Sarit Expo Centre, Nairobi. The annual event is a hub for global and regional industry leaders…
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Equity Group CEO Dr James Mwangi. Equity Group has reported a 16.9pc increase in net profit for the half year period to end June this year supported by strong earnings and lower interest expenses. The giant lender recorded profit after tax of Ksh 34.6 billion in six months of this year compared tp Ksh 29.6…
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Kenya and the US State of California are deepening cooperation in innovation, sustainability, and shared prosperity, with a strong focus on climate action, clean energy, and advanced technology. Speaking in Nairobi while hosting a high-level delegation from California, President William Ruto highlighted the unique opportunities created by California’s leadership in technology and climate innovation and…
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The Nairobi Hospital has suspended its recently announced price review after eight major insurance companies halted their services, citing an increase in treatment costs announced by the hospital. In a statement issued on Monday, August 11, the hospital said that this followed a request from its insurance partners. “Following a productive strategic meeting held today…
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The Treasury has rejected a proposal by the US-based infrastructure firm Everstrong Capital for the 440-kilometre Nairobi–Mombasa Expressway project, which was intended to link Kenya’s two largest cities with a modern highway. According to the Kenya National Highways Authority (KeNHA), the bid fell short of several key benchmarks set by the Public Private Partnership (PPP)…
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Chris Oloo, a cheerful and laid-back man from the Luo community, became the centre of attention in Nairobi following a dramatic event at a luxury hotel. After bagging KES 3 million from a sportpesa, Chris embraced a carefree attitude, famously saying, “Life’s too short to be cautious!” Eager to enjoy his sudden fortune, he spent…
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At 38 years old, Paul Kimani once earned a living as a struggling hawker in the bustling streets of Nairobi. For years, he battled financial challenges, trying his best to provide for his family by hawking assorted items. Despite working tirelessly, the income he brought home was barely enough to meet basic needs. He constantly…
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Ezekiel Kamau, a 45-year-old businessman from Nyeri, firmly believed that determination eventually leads to success. For many years, he operated a modest electronics store, doing everything he could to support his family. At one point, a friend suggested he explore sportpesa. Curious, Ezekiel gave it a try—but the results were disheartening. He lost more money…
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Marcus Obura, a 52-year-old Luo man from Kisumu, had spent much of his life leading a humble existence alongside his wife of eight years, Achieng, and their three children. A hardworking small-scale farmer and part-time carpenter, Marcus did everything he could to support his family, though meeting their everyday needs was always a struggle. Each…
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Secretbet set to become Kenya’s best online betting platform The ambitious betting platform Secretbet is set to revolutionise online sports betting in Kenya up to world standards by 2026 and finally offer hopeful Kenyan players the service they are entitled to. Official website Secretbet. Kenya has been going through a decade of betting boom, becoming…