Abacus Wealth Management

8 Things You Should Know This Morning

A couple of things you are waking up to this morning:

1. Supermarkets are losing goods worth billions of shillings to shoplifters annually.- Daily Nation

2. National Carrier Kenya Airways (KQ) has begun a retrenchment exercise that will cover both unionisable and non-unionisable staff, during the month of August.- Capital Business

3.  Kenya’s first international syndicated loan attracted 13 lenders from the region and around the globe in which the government raised Sh50 billion ($600 million). – Daily Nation

4.  Creating jobs and tackling corruption are the two most important challenges that Kenyans want their government to address in the run-up to elections next March, according to a Gallup public opinion poll released on Thursday. – Reuters

5.  Kenya cbank seeks to absorb $36 million via repos – Reuters

6.  Unredeemed ‘Bonga points’ take up Sh2.45bn of revenues – Business Daily

7.  Three Coca-Cola bottlers are set to merge seven years after a similar number consolidated into the Embakasi-based Nairobi Bottlers Ltd (NBL). – Business Daily

8.  The Youth Enterprise Fund has rejected a move by Parliament to restrict the channels for lending its money to three banks in which the government has significant interests. – Business Daily

 

 

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