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Coast hotels depend on domestic tourists to remain afloat
Business

Coast hotels depend on domestic tourists to remain afloat

Domestic tourism is increasingly becoming a key pillar of Mombasa's hospitality industry, with hotels reporting a growing number…

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Govt plans to rename KUSCCO to KEFESCO after Sh13bn loss
Business

Govt plans to rename KUSCCO to KEFESCO after Sh13bn loss

Cooperative Development Commissioner David Obonyo announced the proposed name change in a notice to KUSCCO shareholders ahead of…

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Tribunal ruling opens new path for taxpayers to offset VAT credits against tax debts
Business

Tribunal ruling opens new path for taxpayers to offset VAT credits against tax debts

The ruling stems from a dispute between Easton Petroleum Limited and KRA over a VAT liability of Sh12.86…

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Oil falls as Trump pledges economic war on Iran
Business

Oil falls as Trump pledges economic war on Iran

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian…

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Scrap smuggling pushes local manufacturers towards shutdown
Business

Scrap smuggling pushes local manufacturers towards shutdown

Kenya's battery manufacturing industry is warning of an impending production crisis as rampant smuggling of scrap lead-acid batteries…

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Government outlines policy path for Kenya’s growing telematics sector
Business

Government outlines policy path for Kenya’s growing telematics sector

Kenya's government has set out a policy framework to guide the expansion of Kenya's fleet management industry, which…

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World Bank sanctions e-Citizen founder over fraudulent Somalia deal
Business

World Bank sanctions e-Citizen founder over fraudulent Somalia deal

eCitizen Founder James Ayugi and his firm Webmasters Kenya Ltd have been sanctioned by the  World Bank over…

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Reprieve for 213 Lavington Club as court suspends Nema’s closure order
Business

Reprieve for 213 Lavington Club as court suspends Nema’s closure order

NEMA orders immediate closure of 213 Lavington club over noise pollution

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New AI push seeks to cut deployment time from months to days
Business

New AI push seeks to cut deployment time from months to days

A new $1 billion effort seeking to place thousands of artificial intelligence (AI) specialists inside businesses aims to…

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Kenya’s next unicorn: Which startup could be worth $1bn?
Business

Kenya’s next unicorn: Which startup could be worth $1bn?

According to Africa: The Big Deal, Kenyan startups raised about Sh126 billion, outperforming Egypt, South Africa and Nigeria.…

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