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Kenya
Business News: World Bank's IFC to acquire 10 per cent stake in Britam for Sh3.6b
The International Finance Corporation (IFC) has made an entry into Kenya's insurance industry by acquiring a significant stake in Britam Holdings Ltd.
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Kenya
Business News: Falling exports to EAC signal Kenya's weaker grip on region
Kenya's exports to the East African Community (EAC) fell by more than 27 per cent in the third quarter of 2016 further, loosening the country's grip on the key regional market.
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Kenya
Business: Investors burn their fingers again as Sh100b lost at NSE
Investors at the Nairobi Securities Exchange (NSE) lost over a Sh100 billion in 2016 after a majority of stocks across all counters saw their values eroded.
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Kenya
Business News: Investors burn their fingers again as Sh100b lost at NSE
Investors at the Nairobi Securities Exchange (NSE) lost over a Sh100 billion in 2016 after a majority of stocks across all counters saw their values eroded.
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Kenya
Business: Kenya seeks to go one better in conference tourism in 2017
Kenya is keen to build on the success of last year as a major conference tourism destination. Among the high-profile international events to be staged in the country this year include the Aid and Development Africa Summit in Nairobi.
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Kenya
Business: World Bank's IFC to acquire 10 per cent stake in Britam for Sh3.6b
The International Finance Corporation (IFC) has made an entry into Kenya's insurance industry by acquiring a significant stake in Britam Holdings Ltd.
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Kenya
Business: Falling exports to EAC signal Kenya's weaker grip on region
Kenya's exports to the East African Community (EAC) fell by more than 27 per cent in the third quarter of 2016 further, loosening the country's grip on the key regional market.
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Kenya
Islamic finance roots grow deeper in Kenya
Insurance law sets the country on the path to being the regional hub on the continent
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Nigeria
CBN extends stamp duty collection to savings accounts
Everest Amaefule, Abuja Banks are no longer restricting the deduction of stamp duty on deposits made into current accounts, but now apply it to deposits made into savings accounts, investigation has shown. The Central Bank of Nigeria had through a circular issued on January 15, 2016 directed the Deposit Money ...
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Nigeria
Nigeria’s oil output tops foreign investors’ concern
Foreign investors planning to invest in Nigeria and other global markets this year are taking a keen look at the nation’s oil output among other factors. According to a Financial Times’ report, oil supply from the world’s biggest producers will be in focus from the first trading day of January ...