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Samsung heir arrives at court for corruption verdict
Samsung heir Lee Jae-Yong faces multiple charges including bribery, embezzlement and perjury/AFP SEOUL, South Korea, Aug 25 – The heir to the Samsung business empire, which includes the world’s biggest...
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Samsung heir guilty of bribery, sentenced to five years jail
Lee was found guilty on payments and promises by Samsung totalling around $40 million/AFP SEOUL, South Korea, Aug 25 – The heir to the Samsung empire was convicted of bribery and other offenses Friday...
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Snap future debated as popular app makes market debut
Snap Inc. priced its initial public offering Wednesday at $17 a share to raise $3.4 billion/AFP SAN FRANCISCO, United States,Mar 2 – As Snapchat’s owner makes its Wall Street debut, the key question...
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63 entrepreneurs to battle it out in KCB’s Lions’ Den
Competing entrepreneurs will be expected to pitch their ideas and negotiate for the capital they need to catapult to take their enterprises to the next level in exchange for a stake in their...
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E-cars to shine at Frankfurt show as diesel takes backseat
Electric cars will hog the spotlight at this year’s IAA motor show in Frankfurt, but Silicon Valley giant Tesla will be conspicuously absent/AFP-File FRANKFURT AM MAIN, Germany, Sep 8 – Hundreds of...
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French bank Société Générale opens representative office in Kenya
Headquartered in Paris, Société Générale (SG) is one of the leading financial services group in Europe and focuses on segments that include French Retail Banking, International Retail Banking and...
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Zimbabwe can feed itself again, Mugabe claims
President Robert Mugabe and his wife Grace/AFP HARARE, Zimbabwe Sept 12 – Zimbabwe produced enough food to feed its people for the first time since adopting a controversial policy to strip land from...
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Modi, Abe get India’s first bullet train going as ties deepen
India’s crumbling rail infrastructure is in desperate need of modernisation, with a report in 2012 describing the 15,000 deaths on the network each year as a ‘massacre’/AFP NEW DELHI, India, Sep 13 –...
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Kenyan enterprises win global recognition for their social environmental impact
Caroline Wanjiku Kamanja, Chief Executive Officer and Director at Daproim Africa Limited, one of the two Kenyan businesses recognized for using business as a force for good. NAIROBI, Kenya, Sept 15 –...
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VIDEO: If you bring me here, I would create billions – Kirubi schools Varsities
“Professors have very good and clear mind. But in many of them, it remains theory. You know theory needs to be converted into action,” Dr. Kirubi NAIROBI, Kenya, Mar 9- “Think. It costs you nothing. It...
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PSA buys Opel-Vauxhall for 1.3 billion euros: statement
French carmaker PSA acquires General Motors’ European subsidiary, which includes the Opel and Vauxhall brands, for 1.3 billion euros/AFP-File PARIS, France, Mar 6 – French carmaker PSA on Monday...
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7 in 10 East African women avoid loans to finance business, study finds
“Women simply wants a hustle free kind of repayment methods when it comes to credit,” says Lead Researcher Andia Chakava NAIROBI, Kenya, Mar 7- Seventy-one percent of women entrepreneurs in East Africa...
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Dollar millionaires in Kenya increase by 11pc to reach 9,400
The Wealth report by Knight Frank attributes the jump in the number of millionaires to the growth of construction, technology and real estate sectors. NAIROBI, Kenya, Mar 8 – Kenya’s dollar...
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Coca-Cola, WEF aims to empower half a million Kenyan women
Susan Mboya Kidero, Coca-Cola’s Foundation Director for Women’s Economic Empowerment, says they target 500,000 Kenyan women over the next three years/FRANCIS MBATHA NAIROBI, Kenya, Mar 8 – The Coca-...
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VIDEO: If you bring me here, I would create billions – Kirubi schools Varsities
“Professors have very good and clear mind. But in many of them, it remains theory. You know theory needs to be converted into action,” Dr. Kirubi NAIROBI, Kenya, Mar 9- “Think. It costs you nothing. It...
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Uber backlash after Hong Kong drivers found guilty by court
Traditional taxi drivers in Hong Kong have called on the government to act against ride-hailing app Uber/AFP HONG KONG, China, Mar 10 – Uber hit back at Hong Kong authorities Friday after five of its...
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9 Kenyans named in top 100 influential women in Africa
NAIROBI, Kenya, Mar 10 – Nine Kenyan women trail blazing in their respective fields are among the 100 women honored by OkayAfrica in celebration of International Women’s Day. The digital media...
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Co-op Bank inks deal providing 95pc financing for Isuzu vehicles
The asset financing facility will not be impacted by General Motors East Africa change over to Isuzu East Africa/FILE NAIROBI, Kenya, Mar 14 – General Motors EA has entered into an asset finance...
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Pope says job cutting can be ‘very serious sin’
The Argentine pontiff is a regular critic of capitalism/AFP VATICAN CITY, Holy See, Mar 15 – Closing factories and cutting jobs can constitute a “very serious sin”, Pope Francis said Wednesday in his...
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Trump to undo Obama auto emission rules: official
President Trump is set to announce that the Environmental Protection Agency’s emissions limits for 2022-2025 will be put on hold during a new review period/AFP WASHINGTON, United States, Mar 15 –...
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