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National Cement has struck a buyout deal with troubled cement maker Athi River Mining in a deal valued at 5 billion shillings. National Cement says it will acquire all cement and non-cement assets and business of ARM Cement PLC in Kenya as a going concern. The deal is however subject
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High residue levels in local honey as a result of pesticides used in horticulture farms is locking out local beekeepers from accessing international markets, Agriculture Ministry says. In a bid to correct this, Livestock Principal Secretary Harry Kimtai says the government has procured residue testing equipment to help farmers adhere
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President Uhuru Kenyatta has said that the government will remain steadfast in its various efforts to ensure that all Kenyan children attain basic education. The President who spoke at State House Nairobi when he handed over a 52-seater bus to Kamacharia Girls Secondary School from Murang’a County said that
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By REUTERS More by this Author By BUSINESS DAILY More by this Author The assets of Kenya’s ARM Cement have been sold to the National Cement Company for $50 million, its administrator said on Tuesday. “ARM Cement PLC (under Administration) announces that National Cement Company Limited has signed an
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Coffee farmers may be allowed to sell their produce directly to the off-shore markets if a proposal by the Coffee Sub Sector Committee is adopted in its current form. According to the committee, the move is expected to weed out middlemen from the coffee value chain as well as diversify
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Labour and Social protection Cabinet Secretary Ukur Yattani says the Government is contemplating reviving the recruitment of street urchins into the National Youth Service ten years after the process was stopped. The CS said a provisional report indicates that there are about 42, 000 street families in the Country saying
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Rural farmers are being encouraged to embrace horticulture farming to harness the untapped potential. Nyeri County officials are keen on demystifying the notion that horticulture is a preserve of the wealthy and flowers can only be grown in green houses. Horticultural exports earned Kenya 154 billion shillings in 2018, which
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Companies Devki's National Cement in deal to acquire troubled ARM's assets for Sh5bn Tuesday, May 21, 2019 12:55 Devki Group, a family-owned conglomerate with interests in cement, steel products, roofing sheets and aviation, has reached a deal to buy out troubled ARM Cement Plc for
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Insurance brokerage firm Minet Kenya has unveiled several insurance policies targeting learning institutions. The policies cover teaching liabilities, students’ personal accident covers, assets and other liabilities, pecuniary and institutions’ employees’ covers. The Teaching Institution Liability Policy covers legal liabilities to third parties including liability claims related to professional and managerial
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National soccer team Harambee Stars have kicked off a training camp at Kasarani stadium in preparations for this year’s Africa Cup of Nations finals set to kick off next month in Egypt. Musa Mohammed, Cliffton Miheso, and Masud Juma were among players who took part in the training session.
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- The president said his administration will not waver on the transformational agenda to bring about positive change - He said he was committed to ending cycle of election violence and building cohesive society and stable economy - The president's call for change, which he said is not
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News CMA recovers more cash in KenolKobil trades probe Tuesday, May 21, 2019 12:01 By BRIAN NGUGI The capital markets regulator has recovered an additional Sh19 million from rogue traders at the centre of an insider trading investigation involving oil marketer KenolKobil ahead of the firm’s takeover bid