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A gilded coffin looted by art thieves in the wake of the Arab Spring and unwittingly bought by the Metropolitan Museum of Art in New York has been returned to the Egyptian authorities. The sarcophagus dates back to the first century BC and once held the mummy of Nedjemankh, a
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Kenya is the top avocado exporter in Africa and it ranks among world’s fastest growing exporters of avocado even as producers as demand for the fruit grows in China and Europe. Colombia comes top on the list of world’s fastest avocado exporters, followed by Morocco then Kenya at
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Artificial intelligence can identify illnesses "ranging from cancer to eye diseases" as accurately as trained doctors, new research has revealed. Using a technique known as deep learning, computers can examine thousands of medical images to identify patterns of disease. This has "enormous potential" for improving the
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More than 140 sacco chief executive officers have completed a three-day training on business development during their annual summit held in Naivasha last week. CIC Group CEO Tom Gitogo, whose firm sponsored the summit, said that sacco leaders must sharpen their skills in order to keep up with the pace
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Shares are one of the greatest investment innovations of our time. They allow anybody to own a portion of a business or businesses without getting personally involved in day-to-day operations. And with that ownership comes the opportunity to make money in two main ways: through dividends divided and shared out
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The Kenyan government now wants administrators of WhatsApp groups and other social media platforms to pay for licenses. The proposal is articulated in an amended section of the Kenya Information and Communications (Amendment) Bill, 2019. “The Commission may on application in a prescribed manner and upon payment of a prescribed
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The move by France and Internet giant Google to reach a Sh114 billion settlement sets a new precedent on how countries can regulate tech multinationals. The four-year-long tax dispute saw French authorities raid Google’s Paris headquarters in 2016. The regulators claimed the company owed Sh182 billion in taxes on
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Families who lost relatives in fatal Boeing 737 Max air crashes are set to receive about $144,500 (£116,200) each from the company. The money comes from a $50 million financial assistance fund, which Boeing announced in July.The fund has started accepting claims, which must be submitted before
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The Kenyan shilling is in the spotlight as diaspora remittances fell for a second straight month amid expected pressure from the demonetisation of the old Sh1,000 note that has raised liquidity in the market. Diaspora remittances, which account for the largest share of Kenya’s foreign inflows, have grown
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The plan to revive Nanyuki-based Mount Kenya Textiles (Mountex) will take longer than expected after a court extended orders stopping the Ministry of Trade and Industrialisation from recovering or interfering with the Sh100 million site land. Nyeri High Court Deputy Registrar Ruth Kefa extended the orders by two months to
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The latest version of Apple (AAPL)'s mobile operating system officially became available to download on Thursday. Anyone with an iPhone 6S model or later can download the update. Here's how: Go into the Settings section on your phone, tap on the tab that says "General,
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Retailers are exposing themselves to legal suits and regulatory punishments on opting to reject the older Sh1,000 notes ahead of the central bank withdrawal deadline of October 1. A number of retailers including supermarkets and eateries are issuing notices to customers that they will not accept the old notes