KQ mulls a closer relationship with SAA
Kenya Airways may cozy up to rival South African Airways (SAA) as the embattled companies seek to narrow the gap to the continent’s...
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Politics, drought bogged down Kenya’s economy last year
Kenya’s economy expanded at the slowest pace since 2011 last year, as drought and the impact of a protracted election undermined growth. Gross...
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China macadamia appetite makes coffee farmers go nuts
[dropcap]K[/dropcap]enyan farmers used to grow macadamia trees to shade their coffee bushes. Now they’re making so much from production of the nuts that...
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Nairobi-Mombasa highway project faces delays over debt worries
While Kenya is ramping up construction of much-needed infrastructure to underpin economic growth, the cost of the mega projects, mostly financed by Chinese...
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Struggling Uchumi needs Sh4b urgently, CEO reveals
Uchumi Supermarkets is in talks with a private-equity fund and other investors over a potential capital injection that could help the troubled supermarket...
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Kenya urged to rethink fiscal-consolidation plan
Kenya may need to recalibrate its fiscal-consolidation plans if it’s to see economic growth rebound from a five-year low reached in 2017, the...
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African leaders sign pact to open borders for traders
African leaders signed accords setting up a continental free-trade area that’s expected to boost commerce within the 55-member African Union and eventually supplant...
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NBK mulls branch closures to cut costs
National Bank of Kenya, which has the biggest bad-loan book in the banking industry, is considering closing some of its 85 branches to...
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