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Business News — Kenya

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Boost for Konza as Ketraco energises Sh8.4 billion power line
Business

Boost for Konza as Ketraco energises Sh8.4 billion power line

Kenya has taken a significant step towards strengthening its electricity infrastructure after Ketraco successfully energised the Sh8.4 billion Isinya-Konza 400kV…

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How young graduate turned maggot farming into a lucrative venture
Business

How young graduate turned maggot farming into a lucrative venture

The communications graduate has built a maggot farming venture that feeds fish, trains farmers, supplies feed across multiple counties.

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Afreximbank secures investment grade rating, boosting lending firepower
Business

Afreximbank secures investment grade rating, boosting lending firepower

The Afreximbank has secured a long-sought investment grade rating from S&P Global Ratings, a move that will lower its borrowing…

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Why Mbadi slashed Opiyo Wandayi’s budget despite fuel pressures
Business

Why Mbadi slashed Opiyo Wandayi’s budget despite fuel pressures

Treasury has cut funding for Kenya's energy and petroleum sectors despite heavy spending on fuel subsidies and rising power demand,…

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Now Africa’s insurance industry must move beyond ambition
Business

Now Africa’s insurance industry must move beyond ambition

Africa's insurance industry must shift its focus from ambitious digital and AI strategies to disciplined execution, ensuring innovation delivers measurable…

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Treasury cuts energy sector budget despite fuel pressures
Business

Treasury cuts energy sector budget despite fuel pressures

Treasury has cut funding for Kenya's energy and petroleum sectors despite heavy spending on fuel subsidies and rising power demand,…

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KE
Ruto declares war on foreign mining giants ahead of G7 meet
Business

Ruto declares war on foreign mining giants ahead of G7 meet

President William Ruto renewed calls for UN and global financial reforms and pledged to end foreign exploitation of Kenya's mineral…

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Kenya rallies African support to host key US market index
Business

Kenya rallies African support to host key US market index

Kenya is seeking continental backing to host a NASDAQ-linked African market hub in Nairobi, positioning it as part of efforts…

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BAT shareholders okay record dividend
Business

BAT shareholders okay record dividend

Shareholders of BAT Kenya have approved a record total dividend of Sh70 per share for 2025, supported by an 18%…

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How Mbadi’s ‘no new tax’ budget may increase cost of doing business
Business

How Mbadi’s ‘no new tax’ budget may increase cost of doing business

Although the 2026/27 budget introduces no major new taxes, experts warn that stricter tax administration and compliance measures could raise…

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Wilson Airport runway revamp leaves airlines counting losses
Business

Wilson Airport runway revamp leaves airlines counting losses

Airlines operating at Wilson Airport say delayed runway rehabilitation works have caused losses exceeding Sh620 million, with operators warning of…

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Tech firms expand beyond smartphones as consumer ecosystems grow
Business

Tech firms expand beyond smartphones as consumer ecosystems grow

Technology firms are expanding beyond smartphones and basic accessories as they compete for consumer spending, moving into home appliances, personal…

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