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* KCB Group expects to complete its acquisition of National Bank of Kenya by October, it said on Thursday. KCB, which also operates in Uganda, Tanzania, Rwanda, Burundi and South Sudan, last month offered to buy National Bank (NBK) through a share swap of one KCB share for every 10 of
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KCB Group expects to complete its acquisition of National Bank of Kenya by October, it said on Thursday. KCB, which also operates in Uganda, Tanzania, Rwanda, Burundi and South Sudan, last month offered to buy National Bank (NBK) through a share swap of one KCB share for every 10 of
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NAIROBI, KENYA: Lack of cyber security skillsets makes Kenyan businesses easy target for both local and international hackers, a report has revealed. The report shows the cost of cybercrime in Kenya in 2018 was Sh30 billion, but organisations could lose more in the coming years because, “With the cost of
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Three changes have been made to the national rugby sevens team ahead of the final two legs of this season’s HSBC Sevens World Series to be held in London and Paris this month and early next month. Head Coach Paul Murunga, who named his squad Thursday morning, has included
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Student orientation is an important exercise in an academic environment, MKU vice chancellor Prof. Stanley Waudo, has said. Speaking during the orientation of the university May intake, said as the case of aeroplane emergency alerts that create awareness on safety, student orientation creates awareness on university governance structures, statutes, regulations,
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President Uhuru Kenyatta has called on African countries to prioritize the integration of Information and Communication Technologies (ICTs) in their development plans because they hold immense economic transformation potential. The President spoke when he unveiled Kenya's digital economy blueprint to investors and Heads of State attending the Transform
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The government has managed to secure a third round of Eurobond priced at KSh 210 billion amid rising concerns over the ballooning public debt which staggered at KSh 5.4 trillion as of May 2019. The new debt instrument was successfully sold in London, United Kingdom (UK), on Wednesday, May
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The Pharmacy and Poisons Board (PPB) has embarked on a 90 days countrywide crackdown against quackery and unregistered medical practitioners in the sector. The Board contends the impromptu crackdowns and the inspection of health facilities that began last week are meant to force total compliance with regulations governing health matters.
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Kenya’s third Eurobond will start trading at the Irish Stock Exchange later this month following its successful sale. The bond that was sold Wednesday attracted bids totaling 950 billion shillings which is more than four times than the 210 billion shillings that Kenya was seeking to borrow. National Treasury
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Despite film, music and literary materials making a significant contribution to the economy, piracy is a major challenge in realizing the full potential of the creative industry. Listening to a song, reading a book….did you know that such works are protected legally under the Copyright Act of 2001? Section
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We all want to be financially stable in our lifetimes. Sadly, however, many people end up struggling financially despite the fact that they are employed or have a steady source of income. This means that most people will spend money on unimportant things and end up in cycles that do
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Treatment for uterine fibroids has for long been associated with surgery, painting a painful and long recovery periods, and making many women suffering from the condition dread undergoing the procedures. However, technological developments in the medical field across the globe have broken new ground and given rise to sophisticated non-invasive