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News MPs blow Sh25bn hole in Treasury’s budget plan Wednesday, June 12, 2019 21:01 By LYNET IGADWAH MPs have left Treasury with a Sh24.79 billion budget hole after revising the national government expenditure upwards amid shortfalls in revenue collections. The Budget and Appropriations Committee (BAC) reviewed the
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Economy Trader seeks Mwilu removal Wednesday, June 12, 2019 21:03 By SAM KIPLAGAT A businessman Wednesday filed a petition before the Judicial Service Commission seeking the removal of Deputy Chief Justice Philomena Mwilu for alleged gross misconduct and breach of judicial code of conduct. In the petition received at
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Economy MPs urge government to lift logging ban Wednesday, June 12, 2019 21:03 By SAMWEL OWINO A parliamentary committee wants the government to partially lift the ban on logging and extraction of timber in order to allow Kenya Forest Service (KFS) to sell mature trees which are rotting in
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Economy Coca-Cola is sued as Sh45,000 pay rejected Wednesday, June 12, 2019 21:04 By GAITANO PESSA The High Court in Busia has started the pre-trial of a case where 58 residents accused giant beverages company Coca -Cola of selling them contaminated sodas suspected to have caused them ill
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Companies Toyota drives car repairs competition with own garage Wednesday, June 12, 2019 21:09 By JOHN MUTUA Japanese car maker Toyota Motor Corporation has opened its first garage on Thika Road amid a plan to widen its service network in the country. The garage, launched in a deal with
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Companies French billionaire family Creadev acquires stake in Twiga Wednesday, June 12, 2019 21:09 By BONFACE OTIENO French-based investor Creadev has pumped $5 million (about Sh507 million) into Kenya’s mobile-based food delivery firm Twiga Foods in a deal that will also see the Mulliez family, one of the
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Companies Centum profit jumps to Sh4.12bn as land revalued Wednesday, June 12, 2019 21:10 By PATRICK ALUSHULA Centum Investment Company PLC #ticker:ICDC booked 48 percent jump in net profit to Sh4.12 billion for the financial year ended March 2019, partly boosted by capital gain and land
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Companies Equity and KCB feted at Africa bankers awards Wednesday, June 12, 2019 21:10 By VICTOR JUMA Equity recognised for its investments in the community while KCB was named most innovative lender KCB Group #ticker:KCB and Equity Group #ticker:EQTY were feted at the 2019 edition of the
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Companies WorldRemit launches business payments service Wednesday, June 12, 2019 21:12 By ANNIE NJANJA London-based money remittance firm WorldRemit Wednesday unveiled a new service that allows businesses and employees of foreign firms in Kenya to receive payment from small and medium-sized enterprises in the UK. The service dubbed ‘WorldRemit
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Society Do you want to rocket-propel your sales? Here is the secret Wednesday, June 12, 2019 21:00 By JOHN KAGECHE Do you want to jumpstart your sales? Do you want your sales team members to eat your dust? Here’s how. Forget making 10 calls per day. Get two
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Counties City Hall kicks off plan to settle Sh2.7bn bills Wednesday, June 12, 2019 21:00 By COLLINS OMULO Nairobi County government has kicked off plans to settle its pending bills following President Uhuru Kenyatta’s directive that the debts be cleared by June 30. Nairobi County Finance Executive
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News Chinese firm wins tender for Magadi road expansion Wednesday, June 12, 2019 17:41 By BONFACE OTIENO Chinese contractor Synohydro has won the tender to dual the Bomas-Ongata Rongai-Kona Baridi stretch in a move aimed at reducing traffic congestion within the city. The 22.65 kilometre stretch is set