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Business News — Kenya

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Wearable smart glasses raise surveillance fears as use grows
Business

Wearable smart glasses raise surveillance fears as use grows

Privacy concerns have grown in East Africa over the use of smart glasses as experts warn that wearable devices are…

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Manufacturers warn of job losses, company closures if Finance Bill 2026 is passed
Business

Manufacturers warn of job losses, company closures if Finance Bill 2026 is passed

Manufacturers have opposed the Ruto administration's Finance Bill 2026, warning that new levies on imports from EAC partner States could…

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Activist sues banks over loan interest rates hike
Business

Activist sues banks over loan interest rates hike

A petition has been filed at the High Court seeking to stop commercial banks from unilaterally increasing interest rates, default…

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CS Joho’s Mining Ministry sinks into licence wars, delays and disputes
Business

CS Joho’s Mining Ministry sinks into licence wars, delays and disputes

Kenya's mining sector is facing growing turmoil as licensing delays, legal threats, community disputes and allegations of corruption pile pressure…

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New wrangles as Machakos Sacco bosses voted out
Business

New wrangles as Machakos Sacco bosses voted out

Members of the troubled Katelembo Athiani Muputi Farming and Ranching Co-operative Society in Machakos County have passed a vote of…

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How Kenya can unlock Sh209b in pension savings to grow businesses
Business

How Kenya can unlock Sh209b in pension savings to grow businesses

Kenya could unlock more than Sh209 billion from pension savings for private equity and business growth by reducing overreliance on…

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End land tussles with Kwale sugar investor, State told
Business

End land tussles with Kwale sugar investor, State told

Kwale residents are urging the government to resolve land disputes involving the Kwale International Sugar Company to restore operations and…

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New bid to block unused power gravy train for electricity firms
Business

New bid to block unused power gravy train for electricity firms

Kenya is renegotiating power purchase agreements to phase out costly take-or-pay clauses and require renewable energy producers to invest in…

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Treasury mulls slashing Sh4.8tr budget, tax hikes still an option
Business

Treasury mulls slashing Sh4.8tr budget, tax hikes still an option

Treasury is considering cutting Kenya's Sh4.8 trillion 2026/27 budget and possibly raising taxes amid global economic pressures and rising fiscal…

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Tech billionaire Prateek Suri bets big on Africa as his key growth frontier
Business

Tech billionaire Prateek Suri bets big on Africa as his key growth frontier

Tech investor Prateek Suri is expanding his Africa-focused empire through mining, infrastructure and energy investments, following talks with Central African…

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Digital payments sector pushes back on new levies at Africa Day crypto forum
Business

Digital payments sector pushes back on new levies at Africa Day crypto forum

Finance Bill 2026 has put the digital payments sector on edge, with the cryptocurrency industry calling on the government to…

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Crypto industry seeks tax relief as Finance Bill 2026 targets digital payments
Business

Crypto industry seeks tax relief as Finance Bill 2026 targets digital payments

Finance Bill 2026 put the digital payments sector on edge, with the cryptocurrency industry calling on the government to grant…

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