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Kenya to receive Sh240.7bn from World Bank by April

Beneath Kenya's confidence is a series of multilateral loans expected to pour into the exchequers accounts by April. Kenya has received disbursements totalling just over $1 billion Sh160 (billion) in the last two months from IMF and Trade Development Bank (TDB). ....

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Kenya's business outlook is dim, monthly survey shows

Kenya’s overall inflation for the month of February rose to 9.2 percent from nine percent in January. ....

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33 years after, Atedo Peterside celebrates Stanbic IBTC

Peterside said the company was established 33 years ago when he was 33 years old.......... ....

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33 years later, Atedo Peterside reflects on early days of Stanbic IBTC

Atedo Peterside, the founder of Stanbic IBTC Bank Plc, has celebrated the founding staff of the financial service company. ....

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Private sector flags concerns over new OECD down payment rules

Just weeks after the OECD moved to relax down payment rules for transactions involving export credit agencies (ECAs) in the developing world, questions have been raised over the reasons behind the decision. Last month, the OECD Arrangement on Officially Supported Export Credits announced it would temporarily slash the down payment requirement from 15% to 5% . ....

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