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Why Uganda supplies 95 percent of Kenya's illicit cigarettes

Nairobi, Nov. 11 -- Kenya's booming illicit cigarette market is largely fed by Uganda, which accounts for most contraband tobacco products entering the country. This has deprived the government of Sh4... Read More


Kakuzi seeks review of judgment in fight over 72-acre land

Nairobi, Nov. 11 -- Kakuzi Plc has returned to the Supreme Court seeking a review of a judgment dismissing its appeal in a protracted ownership dispute over a 72-acre parcel of land occupied by Makuyu... Read More


Vodacom gains Sh181bn from taking control of Safaricom

Nairobi, Nov. 11 -- Vodacom Group Limited has booked a gain of Sh181.8 billion from taking control of Safaricom, highlighting the benefits to the South African multinational, which raised its ownershi... Read More


Why Uganda accounts for 95 percent of Kenya's illicit cigarettes

Nairobi, Nov. 11 -- Kenya's booming illicit cigarette market is largely fed by Uganda, which accounts for most contraband tobacco products entering the country. This has deprived the government of Sh4... Read More


Co-op interim dividend up 50pc as profit hits Sh27bn

Nairobi, Nov. 11 -- Co-operative Bank of Kenya has raised its interim dividend by 50 percent to Sh1.50 per share after the lender's net profit for the nine months ended September rose 27.2 percent to ... Read More


High Court upholds CMA order to Suntra on Safaricom shares

Nairobi, Nov. 11 -- The High Court has upheld a Capital Markets Authority (CMA) order directing stockbroker Suntra Investments to restore 212,500 Safaricom shares wrongly allocated to two individuals ... Read More


Tax waiver disparity: The founder's reckoning

Picture it, Nov. 11 -- November 12, and a finance manager in Nairobi is counting down on a wall calendar. Forty-nine days to December 31. Not to Christmas. To the day a tax amnesty closes, strictly, s... Read More


Airtel Money mobile-to-bank transfers open via Pesalink

Nairobi, Nov. 11 -- Airtel Money has signed a deal with the digital payment network Pesalink, allowing the telco's customers to transfer funds directly from their mobile wallets to bank, Sacco, and mi... Read More


CBK swap bond sale flops as investors eye higher interest

Nairobi, Nov. 11 -- The latest swap bond sale by the Central Bank of Kenya (CBK) has flopped after investors refused to shift to a 10-year paper that pays annual interest of 12.28 percent from a five-... Read More


Competitive edge: Is your 'strategy' really an operational plan?

Nairobi, Nov. 11 -- You can paint your car bright red, call it a Ferrari Testarossa, but it's still a Toyota Corona. Being faster, innovative, more effective is necessary, but is that a strategy? Is ... Read More