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Finace Bill 2018

What audit firm KPMG has to say about the controversial Finance Bill

The National Assembly passed the Finance Bill, 2018 on 30 August 2018. In approving the Bill, the National Assembly rejected most of the revenue-raising measures that the National Treasury had proposed including the now infamous...
Bamburi joins NSE losing streak

Bamburi joins losing streak at the NSE, on foreign investor sell off

Foreign investors continued to sell their portfolios in the Nairobi Securities Exchange (NSE) with the contagion spreading to Bamburi cement. Read also: ARM cannot pay back its debts Uchumi Saved from the auctioneer's hammer According...
Uchumi Supermarket

Uchumi saved from the auctioneer’s hammer

Uchumi has been granted stay orders stopping landlords from kicking them out and creditors from auctioning the retailer. Related: Athi River Mining (ARM) cannot pay back its debts The supermarket chain that has been reduced to skeleton...
KCB CEO Joshua Oigara

KCB retains ratings on stable buffers against new rules

The Kenya Commercial Bank has retained a positive outlook despite a challenging market environment and increased regulation policing the banking sector. Major regulations emanate from the Financial Markets Conduct Bill, the CBK Charter, and the...
Westgate mall attack

How the Westgate mall horror continues to rub salt into a survivor’s wound five...

Kenyans still shiver when they recall the deadly Westgate attack in September of 2013. Philemon Langat says it’s difficult to forget the day which left a trail of death and destruction, a day that left...

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