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A Guide to Buying Second Hand Clothing in Nairobi

Gikomba market off Landhies road is another such place, but it’s a bit off town. You can catch Number 7 matatus to the place off Luthuli Avenue though. I hear the best time to visit the place is the morning, when traders are unpacking new arrivals. You may want to avoid visiting the place if it has rained in the last few days, or do so with a pair of gumboots due to the sludge.
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CBK Lowers Key Lending Rate to 9.5%

The Central Bank has lowered its base lending rate to 9.5% from 11% with statistics showing dwindling inflation rates currently at 3.20%
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Nairobi Java House to Open Shop in Homa Bay

Nairobi Java House, the country’s finest hand-roasted coffee supplier has announced that it will be opening up a branch in Homa Bay.
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CIC Shareholders Advised To Exercise Caution

CIC Insurance Group has today made a public announcement on its plan to acquire property for development purposes. The property is to be acquired by CIC General Insurance Limited and CIC Life Assurance Limited, both wholly owned subsidiaries of CIC Insurance Group in Isinya, Kajiado. Total acreage of these…
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Budgeting in January; A Good Idea

But this shouldn't be the case if we can sit down and plan through out the year, in such a way that we have money assigned for various functions like holidays. A budget should aid through this. It's sole purpose is to give you a firm grip on your finances.
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Investing in Bonds: How It Works

A bond is an instrument through which a government or corporate body can borrow money from the public with a promise to reimburse the investor. The money is borrowed for a fixed period of time and compensation made at a fixed interest rate. How Do They Work? An offer…
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International Oil Prices Drop, Shilling Depreciates, What Next For Fuel Prices?

Latest statistics from Abu Dhabi National Oil Company show a 1.2 percent drop in international crude oil prices. The Free On Board (FOB) price of Murban crude oil lifted in December 2012 was posted at USD 110.75 per barrel from USD 112.10 per barrel in November 2012.
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Win a Ticket Back Home with NationHela

NationHela, an international money transfer service, is giving your loved ones in the USA an opportunity to win a return ticket to Kenyan by simply sending money to your NationHela account. This is how the promotion works: Buy a NationHela card Direct your loved one based…
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Is Corporate Governance the Missing Link in our Institutions?

I have had opportunity to work in both profit making and not for profit organizations and concluded that the governance thereof is nothing to sing about. The people and money problems you encounter managing a bar are exactly the same you encounter managing a church. What, then, is the role of corporate governance?
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8 Things You Should Know This Morning

1. Best and worst countries to be born in 2013 Kenya ranks in position 79 out of 80 countries sampled in a recent study, published by The Economist, on the best and worst places to be born in 2013.
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I&M Bank Will Cut Lending Rate to 18%

I&M Bank Will Drop Lending Rate by 1.5% to 18% from the previous tariff of 19.5%. The move follows a verdict from the Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) to reduce the CBR to 11%
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Mining May be Kenya's Key for Mid-Level Economy Status

The other day, we woke up to news that Nairobi was ranked the second worst place to live in Globally. Sad. But again the recent discovery of commercial deposits of oil in Turkana County has created hopes that our republic could be in the verge of graduating into a middle level economy.
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Best and Worst Countries To be Born in 2013

Kenya has been ranked 79th out of 80 countries sampled in the best and worst countries to be born in 2013.
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Saving 14 Million Kenyans from an “Unstoppable” Water Shortage

In fact, places like Kayole are full of residents who are forced to buy water at the standard fee of KES 50 per 20 litre container. Worse still is the fact that Kenya is only exploiting 15% of its fresh water resources.
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