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Sunday, September 27, 2020

Barclays Bank Kenya counter stable amid announcement of new name

Local investors reacted to Barclays change of name to potentially ABSA Kenya limited by moving 4.48 million shares worth 49.8 million inching the lenders...

Ndegwa family firm Unga Group, still intent on de-listing

American firm Seabord eying flour miller Unga Group say they will continue to pursue the takeover bid despite losing out in its initial bid. Related: Was...

Uchumi’s fate hangs on creditors meeting

It is D-day for Uchumi as it meets creditors to decide on the retailer's fate. The oldest Kenyan retailer will need an endorsement from its...

StanChart reward to depositors hurt its earnings

Standard Chartered may have been too good a bank to avoid the pitfalls of the interest rate caps while other lenders devised devious ways...

Kenya hopes trade fair will ease EAC trade war

Kenya is planning a soft power approach to cull the trade war with Dar es Salam after the series of strong-arm tactics. The Export Promotion...

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