Tiger Woods’ Iconic Come Back Win After Five Years
Entertainment
Half a decade ago, five years and two months to be specific, we all thought we had seen the last
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Month: September 2018
Restructuring in the Banking Sector Sees 1,732 Employees Laid Off as Branches Close
Investment
The inception of the Banking (Amendment) Act 2015 has had a tremendous effect on the banking sector with some experiencing
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598,507 Fraudulent SIM Cards Switched Off By Telcos in One Week
Headlines
A total of 598,507 fraudulent SIM cards have been switched off by telcos in a period of one week following
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KRA Releases 40,000 Metric Tonnes of Sugar to Darasa in Out Of Court Settlement
Government and Policy
The Kenya Revenue Authority (KRA) has agreed to release 40, 000 metric tonnes of sugar owned by Darasa Investment Ltd
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Average Interbank Rates Dips To 3.6 Percent
Headlines
The average interbank rate declined to 3.6 percent from 4.2 percent the previous week according to stats contained in this
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September Inflation Rate to Range Between 5.3 and 5.7 Percent
Market News
Despite the expectations of upwards inflationary pressure in H2’2018 due to the imposition of the 8.0 percent VAT charge on
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Equities Market Remain Subdued as Turnover Hits 27.2 Million Dollars
Market News
The equities market was on a downward trend last week with NASI, NSE 20 and NSE 25 declining by 8.0
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T-Bill Subscription Spikes During The Week as Government Re-opens Two Bonds
Headlines
T-bills were oversubscribed last week, with the overall subscription rate coming in at 123.9 percent a decline from 181.1 percent
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New “Sonko Pumwani Women’s Hospital” an Insult to Kenyans’ Intelligence
Opinion
Nairobi Governor Mike Sonko has renamed Pumwani Maternity Hospital after himself following his “impromptu visit” to the facility that revealed
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Polycarp Appointed MD of Equity Bank to Oversee 75 Percent of the Group’s Assets
Investment
Polycarp Igathe, on September 20 was appointed as the Managing Director of Equity Bank Kenya five months after joining the
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