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  • Food price in Kenya still high despite improved supply

    Content Types: ArticleRegions & Countries: KenyaIndustries: Food & BeverageMedical & Health
    As the world grapples with the COVID-19 pandemic and its devastating impact on people’s health and livelihoods, Kenya has registered a decline in Food inflation by a percentage point in May than the previous month due to favourable weather which reduced the cost of some food items.
  • Global lenders back plan for SMEs loans guarantee scheme

    Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & Finance
    The Central Bank of Kenya (CBK) has reached out to four international lenders in its effort to craft a credit guarantee scheme to help small and medium enterprises (SMEs) survive the coronavirus crisis.
  • Relief for food exporters as more airlines resume flights

    Content Types: ArticleRegions & Countries: KenyaIndustries: Logistics & TransportationAviation...
    Foreign-based airlines have resumed flying to Jomo Kenyatta International Airport (JKIA) as European countries start easing Covid-19 lockdowns, pushing up demand for fresh produce and the capacity of freighters.
  • Kenya’s EAC exports hit six-year high after trade rows ease

    Content Types: ArticleRegions & Countries: KenyaIndustries: Commodities & Trade
    Kenya’s exports to top markets within the six-nation East African Community (EAC) bloc jumped to a six-year high in 2019 on the back of easing trade tensions, provisional data shows.
  • New US-Kenya trade deal won't undermine AfCFTA: Uhuru

    Content Types: ArticleRegions & Countries: KenyaUSAIndustries: Banking & Finance
    President Kenyatta and Trump said a new trade agreement would help increase volumes of trade and investment between Kenya and the US.
  • NSE’s Ibuka nets 22 firms in 2019

    Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & Finance
    Nairobi Securities Exchange’s incubation programme, dubbed Ibuka, took off last year and registered an average of nearly two companies every month during the year.
  • ScanGroup, farm stocks offer best dividend yield

    Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & Finance
    Commercial and agricultural sector firms top listed companies with the highest dividends relative to their share prices, according to data compiled by Standard Investment Bank (SIB).
  • KQ considers rights issue ahead of nationalisation

    Content Types: ArticleRegions & Countries: KenyaIndustries: Aviation
    Kenya Airways is still considering selling new shares to small investors ahead of the carrier’s nationalisation.
  • Bank stocks up Sh21bn in rate cap review push

    Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & Finance
    The wealth of investors owning banking shares increased by Sh21.6 billion after the lenders’ stocks surged on news that President Uhuru Kenyatta has demanded that lawmakers remove the cap on commercial lending rates.
  • Banks account for quarter of all taxes paid by companies

    Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & FinanceServices: Tax
    Banks accounted for a quarter of corporation taxes paid in two years through December 2018, an industry analysis has shown, underlining Kenya’s heavy reliance on the banking industry for revenue.

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