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A cap on commercial lending rates by the Kenyan government has hurt its own ability to raise funds in the local debt market as it struggles to keep yields below the maximum threshold.

A cap on commercial lending rates by the Kenyan government has hurt its own ability to raise funds in the local debt market as it struggles to keep yields below the maximum threshold.

The shilling has come under pressure for the second time in under three months after the US Federal Reserve increased interest rates to 1 per cent.

The shilling has come under pressure for the second time in under three months after the US Federal Reserve increased interest rates to 1 per cent.

Kisumu Concrete Products (KCP) Ltd yesterday inked an investment deal with Ascent Capital Advisory Services, making it the first company to attract Private Equity funding outside Nairobi.

Kisumu Concrete Products (KCP) Ltd yesterday inked an investment deal with Ascent Capital Advisory Services, making it the first company to attract Private Equity funding outside Nairobi.

Telkom Kenya is rolling out free Wi-Fi through the Government-funded Constituency Incubation Hubs in the 290 constituencies across the country.

Kenya Tea Development Agency Management Service (KTDA-MS) roll-out of a three-year financial literacy programme for smallholder tea farmers has begun.

Kenya Tea Development Agency Management Service (KTDA-MS) roll-out of a three-year financial literacy programme for smallholder tea farmers has begun.

Kenya Pipeline Company (KPC) said it had reduced the cost of using its depots in Western Kenya by firms exporting petroleum products.