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Kenya Economics

MKU TO PARTNER WITH GIANT JAPANESE COMPANY

Mount Kenya University and Hitachi Global Hi-Tech Corporation from Japan yesterday started elaborate discussions and strategizing on the proposed partnership between the dual. The discussions spearheaded by MKU Vice Chancellor Prof. Stanley Waudo and Hitachi Global Vice President Toshiyuki Ikeda were held at MKU Main Campus in Thika of Kiambu …

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STATEMENT BY H.E. UHURU KENYATTA, PRESIDENT OF THE REPUBLIC OF KENYA AND COMMANDER-IN-CHIEF OF THE DEFENCE FORCES, ON THE BANKING (AMENDMENT) ACT 2015

On July 28, 2016, the National Assembly passed the Banking (Amendment) Bill, 2015. The Bill intends to regulate interest rates that are applicable to banks’ loans and deposits, capping the interest rates that banks can charge on loans and must pay on deposits. In line with the Constitution of Kenya …

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Barclays and Standard Chartered picketed in London over Bidco business

Members of Prince Charles’ Banking Environment Initiative fail to cut ties with companies that deforest in Africa East African protesters have taken to the streets of London to demonstrate against banks that do business with Bidco Africa, highlighting the connection between global financial institutions, The Prince of Wales and widespread …

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