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Business Daily

Safaricom Forced to Split Dividend Payouts by CBK

The Central Bank of Kenya (CBK) has pressured Safaricom into dividing its dividend payouts in order to "shield the weakening shilling when the telecommunications firm seeks dollars for repatriation to foreign investors", reports Business Daily. Kenya's local currency has faced...

Kenya’s Yu looks for loan to boost network

Kenya’s Yu mobile phone operator is continuing its efforts to increase its market share and customer service in the country. It announced recently that it was hoping to reduce its “reliance on local shareholders” and parent company Essar Group...
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How Can You Recognize and Avoid Black Friday Scams?

With the surge in online shopping expected to continue this year after Standard Bank recorded the highest increase in...
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