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Nakumatt Opens Shop in Malindi

Nakumatt has opened doors to its 38th Supermarket Store in East Africa in Malindi today inching closer to its 40 stores by the end of its financial year.
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Earn Some Revenue From Entertainment

Entertainment comes at a cost and footing the bill relies on your wallet’s weight. There is another side to this bill though. It is the side that sees the entertainers earn some revenue. The ones at the top of this revenue chain are the alcohol and cigarette manufacturers.
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8 Things You Should Know This Morning

1. Studies Show Rise in Child Abuse Sexual violence against children is on the rise in Kenya, a survey released on Wednesday shows. The report released by Gender Minister Naomi Shaban indicates that one in 10 girls and one in 20 boys had experienced…
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Managing Financial Risk in Business

Last week we examined operational risk and now shift focus to financial risk. Financial risk arises from the risk to profits or wealth due to uncertainties about the financial situation in the future. It is broadly categorized into market risk and credit risk. Market risk has to do with changes in the general business environment specifically changes in prices and rates.
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Equity Testing ATM Withdrawal for Western Union Transfers

Equity Bank is rolling out a product that will allow users to access money send to them via Western Union through ATM stations and credit their Equity Bank Accounts.
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Stuff Nobody Wants

As a child, my friends and I underwent different phases of the ‘finders keepers’ phenomenon. For a while, we believed that if you found something and nobody claimed it, it was yours. Then one day, a new kid in the neighbourhood told us that lost property was guarded by the powers of witchcraft and that if we kept it, the owner’s ghost would haunt us. Our lawmakers must not have been sent that memo.
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KCB Finance Officer Touted to Replace Oduor as CEO

Joshua Nyamweya Oigara is set to replace Martin Oduor-Otieno as the Chief Executive Officer of the biggest bank by asset base in Eastern Africa, KCB.
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All You Need to Know About M-Shwari

Everyone's been talking about it. It's M-Shwari this, and M-Shwari that. But what does the fine print say?
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New Low-Cost Medical Insurance at the Touch of a Button

Britam, CEO, Benson Wairegi describes this as a "sexy" new insurance product that will enable Kenyans to access cheap medical care through their mobile phones.
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Banks Vs Insurance: Who Will Perform Better?

Performances of the Safaricom shares arguably lead to lower performance at the Nairobi Securities Exchange . Trading over 76 million shares at a lower price takes its toll on the bourse and the day’s end performance was proof of it. Both the All-Share index and the 20-share index dipped…
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Manyatta Rent: Rent Payment Made Easy

It is that time of the month when your rent is due (or almost) and you are rushing to make it to the bank. You do not fully trust the agent’s M-Pesa account and the collecting agent is conveniently elusive, even on a Sunday. Thanks to a piece…
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8 Things You Should Know This Morning

1. IEBC Disappointed Over Low Registration Rates An official of Kenya’s Independent Electoral and Boundaries Commission (IEBC) says the ongoing voter registration process has been disappointing. “The attitude Kenyans have is usually to turn up at the last minute. We are telling…
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Budget Flights, Like Matatus, Only in the Air

I'm spoiled for choice, but it means if I had an emergency that saw me fly the same day, I'd pay nearly the standard fee that other airlines charge, but if I'm booking for my Easter holiday at the coast, I'll pay quite little.
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