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Companies Techpreneur appointed to Nairobi bourse board Thursday, June 6, 2019 20:04 By DOREEN WAINAINAH Isis Nyong’o Madison has been elected to the board of the Nairobi Securities Exchange (NSE) #ticker:NSE as an independent non-executive director. The techpreneur was confirmed to the post during the NSE Annual
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Companies Microsoft expands support to women-led tech firms Thursday, June 6, 2019 20:06 By ANNIE NJANJA US technology giant Microsoft Thursday announced the extension of a six-month programme which helps women to start and build their businesses through its cloud distribution channels. This will cover Kenya and eight other
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Detectives allegedly found shrubs on the farm she said generated the millions of shillings deposited in her bank accounts.
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Economy Parliament slots Sh1bn in Budget to hire interns Thursday, June 6, 2019 20:41 By PATRICK ALUSHULA Parliament has revised the budget for the year starting July to include a Sh1 billion allocation for hiring interns who will be paid Sh25,000 monthly. The National Assembly Budget and Appropriation
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Economy Ex-Speakers to get Sh120m on top of retirement perks Thursday, June 6, 2019 20:42 By LYNET IGADWAH Parliament has revised the budget to include a Sh120 million golden handshake to the three former Speakers despite the retired officials receiving lavish benefits from the pension department. The Budget and
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Economy Plastic makers handed reprieve ahead of ban Thursday, June 6, 2019 20:42 By GEORGE OMONDI Plastic manufacturers got a reprieve after the State allowed them to continue producing single-use plastic such as disposable utensils and straws. Instead, President Uhuru Kenyatta has handed the manufacturers one-year grace period after
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Economy Uhuru declines to sign insurance bill over cash clause Thursday, June 6, 2019 20:43 By CONSTANT MUNDA President Uhuru Kenyatta has declined to sign into law changes to the insurance Act that allowed brokers and agents to continue receiving cash from policyholders on behalf of insurers. MPs had
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Economy Court extends orders halting Matiba compensation in legal fee row Thursday, June 6, 2019 20:44 By SAM KIPLAGAT The High Court Thursday extended orders stopping the government from making further payment to the family of the late multiparty hero Kenneth Matiba in a row over his compensation for
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Economy Digital lenders form lobby group ahead of new rules Thursday, June 6, 2019 20:44 By JOHN MUTUA Digital lenders have formed a lobby group as the government moves to regulate the firms on concerns that some of the players were saddling borrowers with expensive debt. Digital Lenders Association
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Economy Intelligence man takes over at KRA as CBK boss reappointed Friday, June 7, 2019 11:42 By BRIAN NGUGI James Mburu, a former intelligence boss at the Kenya Revenue Authority (KRA), is set to take over the corner office at Times Towers following his appointment by Treasury Secretary Henry
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Companies Six top bank CEOs earn Sh1 billion in one year Friday, June 7, 2019 10:52 By CHARLES MWANIKI Kenya’s six highest-earning bank chief executive officers took home a total of Sh1 billion in salaries, allowances and bonuses last year, reaping from increased profitability of the lenders even
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Companies Mastermind Tobacco founder Murungi dies Friday, June 7, 2019 11:21 By CHARLES MWANIKI Mastermind Tobacco founder Wilfred Murungi has passed on, marking the end of an era for the veteran industrialist who steered the cigarettes maker for more than three decades. The tycoon, who was in his early