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Major African tech start-up Andela sacked hundreds of its staff this week, the majority being from Nigeria in one of the largest layoffs in the continent's budding tech industry. The start-up, backed by hundreds of millions of dollars from investors including Facebook and tennis star Serena Williams, laid
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The second phase of the Standard Gauge Railway (SGR) from Nairobi to Naivasha, commonly referred to as Phase 2A, is now complete. This follows the completion of the Ngong section which had delayed for close to a year following a dispute over compensation to affected land-owners. Engineers from the contractor,
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Coding is increasingly becoming an in-demand skill, and not just for software developers. It is difficult to stand out these days without at least a basic understanding of what it takes to build a website, an app or any one of the technologies that make it easier to connect with
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Financial institutions have in the recent past fallen victim to criminals. Kenyan banks have suffered their fair share of bold, daring and sometimes comical heists and much of this has been blamed foe security lapses or inside jobs. Here is a list of the biggest bank heists that captured the
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There will be no relief for motorists and manufacturers after the Energy and Petroleum Regulatory Authority (EPRA) on Saturday announced higher fuel prices. The cost of super petrol and diesel has gone up by Sh0.28 and Sh2.44 per litre respectively. Users of kerosene were, however, spared as the
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Fuliza is a service offered by Safaricom that enables users to complete their financial transactions even when they do not have enough money in their MPesa. According to the Safaricom website, the service is available to all MPesa users but caries depending on one’s credit ranking on the mobile
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A special Cabinet meeting at State House, Nairobi chaired by President Uhuru Kenyatta and attended by Deputy President William Ruto has banned children adoption by foreign nationals until a new policy is formulated, orders streamlining of the Child Welfare Society Of Kenya. It also directed the Ministry of Labour and
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The Cabinet has approved a Sh6.9 billion budget for the development of Naivasha Special Economic Zone (NSEZ) and the completion of SGR Phase 2A. This will see the development of an Inland Container Depot, Railway Marshalling Yard, Logistics Zone and Public Utility Area as well as other core enabling
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Gunmen stole an unknown amount of money belonging to Equity Bank from an aircraft parked at the Moyale Airstrip on Wednesday 11th September. The Armed robbers stormed the airstrip, ambushed the pilot, his copilot and Wells Fargos cash officer and ordered them to lie down. The pilot had gone to
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The outlook on the units offered reveals that in Quarter 2 of 2019, apartments’ dominance continued and was characterized by upsurge while that of Maisonette and Bungalows wither in relation to Quarter 1 of 2019. Apartments accounted for four-fifth (i.e. 81.2 per cent) of the total units in
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Bank employees are set to receive a six per cent raise on their salaries following a new agreement between the Banking, Insurance and Finance Union (BIFU) and the Kenya Bankers Association (KBA). The new pay rise contained in a revised Collective Bargain Agreement (CBA) between the union and the banking
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Here are some of the things which are hindering you from achieving financial independence and what exactly you can do to cure that. 1. Scarcity mentality If you grew up being told that money doesn’t grow on trees, then you developed a scarcity mentality towards money. Our financial life