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SME’S get cover for late payments

As an SME, the struggle to get your invoice processed has always been real and the struggle hard. Excuses ranging from delayed disbursement by the National Treasury in counties, huge pending bills in state departments...

Market edgy with bank profits coming in lower

The Banking counters at the Nairobi Securities Exchange look to deliver dismal profits as the lenders maintain a straight face and keep dividends unchanged. The first two lenders to release their results for the full...

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 market share up to 11.25 despite the dip in revenues. Only...
NSE

Markets in March anticipate company profits

The market enters a new month with low inflation expectations; at 4.46 percent CPI has sunk to a 57 month low and the drought period expected to end with anticipation of long rains. In the...

CBK veils intervention on shilling after IMF loan withdrawal

The Central Bank of Kenya has delayed the release of weekly data on dollar reserve over the week that the International Monetary Fund revealed it had withdrawn access to dollar loan. IMF withdrew Kenya’s access...

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