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KCB, fund managers create Sh388bn fund to sweeten investor exit

Nairobi, Aug. 5 -- A group of fund managers has set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange... Read More


KCB, fund managers create Sh388bn fund to ease NSE investor exits

Nairobi, Aug. 5 -- A group of fund managers has set up a Sh388 billion ($ 3 billion) reserve aimed at buying out investors seeking to exit their stakes in firms through the Nairobi Securities Exchange... Read More


Short-term jobs rise as firms scramble to service new orders

Nairobi, Aug. 5 -- Private firms in Kenya stepped up recruitment of workers on short-term contracts in July as they raced to cope with rising new orders despite overall production contracting for a fi... Read More


The career detour that sparked a thriving deep-cleaning enterprise

Nairobi, Aug. 5 -- When Robert Okubo travelled to Washington, D.C., more than two decades ago, he had no intention of becoming a cleaning entrepreneur. He was a travel agent then, determined to promo... Read More


The main sectors banks expect to drive Kenya's economy

Nairobi, Aug. 4 -- Commercial banks are betting on traders and builders as the country's drivers of economic expansion, channelling more than half of fresh credit into commerce and construction busine... Read More


DP World's Mombasa deal deepens Kenya footprint

Nairobi, Aug. 4 -- Dubai-headquartered ports and logistics firm DP World has inked a deal to develop an industrial park on the Kenyan coast, signalling plans to diversify into light manufacturing, war... Read More


Regulator now plans tighter data shields on offshore AI platforms

Nairobi, Aug. 4 -- Offshore artificial intelligence (AI) system providers face enhanced privacy safeguards under a new proposal aimed at holding them accountable for breaches of personal data abroad. ... Read More


Tax amnesty: Debunking the political lies

Nairobi, Aug. 4 -- We are, on a continuous basis, fed fake news, propaganda, false and misleading narratives. You do well to maintain a healthy skepticism, and to fact-check as much as possible, just ... Read More


What Kenyan law says about product labelling

Nairobi, Aug. 4 -- The Kenya Bureau of Standards (Kebs) has launched investigations into Chinese retail chains selling products labelled entirely in Mandarin in Kenya after a Business Daily investigat... Read More


Kenya's small businesses must embrace digital transformation

Nairobi, Aug. 4 -- Last week, I came across a Facebook video of a farmer in Kisii advertising fresh matoke. As the mother of a weaning baby, finding quality matoke has always been a challenge. Like m... Read More