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Uber Kenya now accepting low cost, older cars, even Toyota Vitz
All types of cars will be accepted on the low-cost product with Uber recommending low cost, fuel efficient cars that include a Toyota Vitz or 800 -1200cc car models. NAIROBI, Kenya, Apr 28 –...
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HF, Britam to offer 75 years age limit medical cover
The medical cover dubbed Afyamed is expected to open up health coverage to more Kenyans as current covers in the country have an age limit of 65 years/FILE NAIROBI, Kenya, May 5 – Housing Finance (HF)...
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Kenyan entrepreneurs glean from German efficiency
Kenyan entrepreneurs got a rare of the Liebherr concrete mixer plant, 175 kilometres South of Munich. MUNICH, Germany, May 5 – A group of Kenyan entrepreneurs is visiting building and construction...
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Toyota logs first annual profit fall in five years
Toyota, which lost its crown last year to Volkswagen as the world’s top-selling automaker, expects a net profit of 1.5 trillion yen in the current year to March 2018/AFP TOKYO, Japan, May 10 – Toyota...
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President Kenyatta meets May, seeks trade pact with UK post-BREXIT
At a landmark meeting at Number 10 Downing Street, President Kenyatta also spoke strongly about strengthening bilateral relations with Britain, and closer security cooperation, especially in regard to...
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BMW makes veiled jobs warning, urges Brexit pragmatism
Mini-owner BMW hinted production of the vehicle in Britain could be at risk from Brexit/AFP FRANKFURT AM MAIN, Germany, May 11 – German high-end carmaker BMW issued a veiled warning on Thursday that a...
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SBM Holdings to inject Sh2.6bn in Fidelity Commercial Bank
The firm says the funds will be used as capital in its first year of operations/FILE NAIROBI, Kenya, May 11 – SBM Holdings has planned to inject Sh2.6 billion in Fidelity Commercial Bank after...
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The Hub Karen to install 450Kwz power plant
The move is intended to cut the mall’s carbon dioxide emissions by 525.18 tonnes per year/FILE NAIROBI, Kenya, May 11- The Hub Karen Mall is set to install a 450 Kilowatt solar electric power...
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Volkswagen CEO faces first probe over ‘Dieselgate’
Volkswagen CEO Matthias Mueller and others accused of market manipulation in the wake of the carmaker’s ‘dieselgate’ scandal/AFP-File FRANKFURT AM MAIN, Germany, May 17 – Volkswagen chief executive...
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Tencent net profits up 58% in Q1 to beat estimates
Chinese technology giant Tencent reported first quarter results which exceeded expectations, helped by robust revenues from its hit mobile games/AFP-File HONG KONG, China, May 17 – Chinese technology...
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EU fines Facebook 110 mn euros over ‘misleading’ info in WhatsApp takeover
EU regulators cleared the then $19 billion Facebook acquisition of WhatsApp in late 2014, finding no reason to believe it would dampen competition in the burgeoning social media sector/AFP BRUSSELS,...
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Kenya leads Africa in consumer and retail prospects
NAIROBI, Kenya, May 18 – Kenya is the leading Africa Prospect Indicator for Micro Business, Consumer, and Retail markets. This is according to Nielsen’s 4th Africa Prospects Indicator report which...
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Business registration and support unit to be ready in June
Kenya Investment Authority Managing Director Moses Ikiara says contractors are in the finishing line of the offices at the Old Mutual UAP Tower where the firm has taken two floors./FILE NAIROBI, Kenya,...
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Financing sewing machines for Siaya women creates a Sh200Mn economy
Wesley Owiti’s passion for fashion and empowerment led him to Siaya where Cherehani Africa has financed sewing machines for 600 women NAIROBI, Kenya, May 19 – Meet Wesley Owiti, a 29-year-old Mandela...
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Initiative seeks to increase procurement opportunities for women-owned...
Kenya National Bureau of Statistics reveals that women are locked out of procurement opportunities although over 60.7 percent of all unlicensed establishments are owned by women. NAIROBI, Kenya, May 25...
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KPC trains 1000 women, youth and disabled on government procurement procedure
The oil firm is holding sensitization workshops for the special groups in Mombasa, Nairobi, Nakuru, Eldoret and Kisumu which have benefited small businesses drawn from different parts of the...
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Why professionalizing family businesses will guarantee business continuity
Professionalization really means that the business does not become people-dependent. Once the business reaches a certain size, and because time is a limited resource, the founders need to consider how...
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KCB Lions Den application deadline extended to June 5
KCB Lion’s Den mainly seeks entrepreneurs looking for financial, social and intellectual capital for their new and innovative businesses in the country/FILE NAIROBI, Kenya, Jun 2 – KCB Bank Kenya has...
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Wonderland Villas: A tale of Hong Kong’s property rollercoaster
Prices at Wonderland Villas have risen, waned and risen again, as Hong Kong property has swung through boom and bust to become one of the world’s most expensive markets. © AFP / Isaac LAWRENCE Hong...
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M-TIBA wins FT/IFC international award in sustainable development
Kwasi Boahene, Director of Advocacy and Program Development, PharmAccess Foundation receives the award for M-TIBA at the London event. ©Gareth Davies NAIROBI, Kenya, June 12 – M-TIBA has been awarded...
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