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Business

Uhuru Kenyatta

President Uhuru Affirm BBI good for Businesses, Invest shs1.3B into the Youth economy

President Uhuru Kenyatta said on Wednesday that the Kenya Youth Employment and Opportunities Project would invest Sh1.3 billion into Kenya’s youth economy. The funding will be shared among the 750 winners in the just concluded MbelenaBiz contest. A total of Sh900 million of this sum will go to 250 young entrepreneurs as grants. An award of …

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anne waiguru

Kirinyaga Governor Anne Waiguru launches two markets along the busy highway

Kirinyaga Governor Anne Waiguru opened two markets along the forthcoming dual carriageway between Kenol-Sagana-Marua on Thursday. The two markets, Kibingoti and Sagana, target passengers who pull over to buy agricultural products along the busy highway. Information from the Department of Trade of the County shows that about 2,000 purchasers a day are generated by the …

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price petrol increase

The new increase prices of Petrol diesel and kerosene by EPR authority

In the latest review by the Energy and Petroleum Regulatory Authority (EPRA), the fuel price for super-petrol rose by Sh8.19 per litre. The diesel and kerosene prices have also risen by Sh5.51 and Sh5.32 respectively. In Nairobi, motorists will pay Sh115.18 for a litre of petrol, Sh101.91 for diesel and Sh92.44 for a litre of …

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smal in Business kenya

Small businesses in Kenya are set to benefit from KES110 billion trade facility – AfCTA

Through the African Continental Free Trade Area, small businesses in Kenya are set to benefit from a Sh110 billion trade facilities to support their market expansion. AFCFTA Secretary-General Wamkele Mene said they were working across the continent with commercial banks to pool funds that would be provided by governments. To ease currency convertibility across the world, …

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China grants Kenya debt repayment holiday -Treasury

After China accepted the request for a debt-repayment holiday in the six months to June, Kenya might save up to Sh55 billion. National Treasury revealed that Beijing has approved the Debt Service Suspension Initiative (DSSI) application from Kenya, which is being carried out under the G-20 framework. “(We) had good feedback on the matter,” Yatani …

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