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Del Monte Kenya has invested Sh580 million in a new fresh fruit packing facility with a processing capacity of 60 tonnes of fresh fruits per year. Del Monte Kenya published a statement on Monday stating that the company has commissioned a new facility which is expected to create 200 new
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The Kenya National Bureau of Statistics (KNBS) has confirmed that the training of supervisors and enumerators hired to conduct 2019 national census will begin this month, on July 15. As per the details that the Kenyan Business Feed has received and confirmed, the Kenya National Bureau of Statistics has recruited
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In a recent interview with a French weekly magazine, Huawei CEO Ren Zhengfei said that the operating system they are working on is faster than Android and macOS. Huawei's new OS will also have a broader application. The Chinese electronics giant Huawei has been working on its own
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The World Bank has warned Kenya over the risks involved in borrowing expensive loans. Many African countries are on a commercial loans borrowing spree and World Bank warn of possible repayment difficulties. The World Bank Vice-President for Africa Hafez Ghanem indicated that Kenya’s debt level has not yet reached
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The decision to invest in a property upcountry is one that has divided opinion with decisions hinging on the economics that come with such a development. Simon Ng’ang’a, managing director of Granite Capital Kenya, a real estate agent, says that the decision to build a home or invest
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Smartphones are great, but by design, they draw us into spending more and more time on them. Recent stats indicate on average people spend an entire day in a week glued on their phones. Google and even Apple have stepped up to help (us) with that by introducing “digital wellbeing”
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The Kenyan shilling strengthened against the dollar on Thursday due to hard currency inflows from horticulture exports and offshore investors buying government debt amid thin oil importer demand. At 0638 GMT, commercial banks quoted the shilling at 102.10/30 per dollar, compared with 102.25/45 at Wednesday'
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The Kenya Association of Manufacturers (KAM) has today launched the Manufacturing SME Hub geared towards preparing, nurturing and growing manufacturing SMEs to take full advantage of the available markets at the Sarova Stanely Hotel Nairobi The Manufacturing SME Hub seeks to address the challenges affecting SMEs in the country including
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Facebook has been fined more than $2 million (Ksh.206 million) in Germany for inaccurately reporting the amount of illegal content on its platform. German authorities said Tuesday that Facebook had provided “incomplete” information in mandatory transparency reports about illegal content, such as hate speech. The Network Enforcement Act, which
Reports & Analysis
NAIROBI, Kenya, Jul 3 – Kenya’s private sector recorded a growth in employment rates in June which accelerated to reach the highest level seen since December 2016, according to Stanbic Bank’s Purchasing Managers’ Index. The index registered a score of 54.3 in June compared to 51.3 in
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Unga prices are distinctly possible to drop by the end of this month and early next month as inflows from Tanzania and Uganda start trickling in which is likely to ease the cost of maize flour. At the moment, a 2-kg packet of unga sells at sh 110-sh 125 with
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The market expects the successor to Bob Collymore to continue Safaricom’s path of investing in innovation and data services to keep the integrated communications company at the top of the competition. Safaricom delivered a strong financial performance in the financial year ended March 31, 2019, with a 13.1