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GSMA | Reflections from COP28: Digital will be central to climate action

Retiring the recurring question on ‘‘Why should we act on climate change?” at COP28 in Dubai, here's GSMA's takeaways from the event.

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Kenya facing a serious liquidity crisis, treasury says

Kenya's Treasury cabinet secretary said the treasury is facing a number of underlying pressures like the cost of living and high taxation.

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Kenya debt interest payments rise $1.6bn on weak shilling

Rising interest rates on domestic debt will also contribute to the increase in interest payments.

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Kenya seeks relief in new Eurobond as debt trap crisis deepens

Kenya’s debt crisis made the nation delay public servants' salaries, with seven out of every 10 shillings in collected tax revenues servicing debt.

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How Kenya plans to repay $2 billion debut Eurobond

With shrinking dollar reserves, Kenya's Treasury is facing difficulties in Eurobond repayment.

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Kenya to Bring Back Gambling Tax That Almost Killed the Industry Three Years Ago

Kenya is considering changes to the taxes the gambling industry must pay. The country could bring back the same controversial tax rate that virtually shut

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Pacific.scoop.co.nz » New Partnerships For Africa & SIDS Put Climate Equity, Resilience And Nature At The Top Of COP's Climate Action Agenda

Pacific Scoop provides news and views from the Pacific and New Zealand

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SULTAN SOMJEE - The President Who Burned Kenya's Heritage, Humiliated Little Girls and Elderly Women

SULTAN SOMJEE - The President Who Burned Kenya's Heritage, Humiliated Little Girls and Elderly Women
theelephant.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theelephant.info Daily Mail and Mail on Sunday newspapers.

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Wanjui, tycoon pocket Sh3bn in UAP share sale

Wanjui, tycoon pocket Sh3bn in UAP share sale
Summary
Businessmen Joe Wanjui and James Muguiyi have completed the sale of a combined six percent stake in insurance firm UAP Holdings to South African multinational Old Mutual Holdings for R437 million (Sh3.2 billion).
Old Mutual announced in August 2018 that it would buy a total of 12.7 million of the insurer’s shares from the two shareholders but only started the purchases last year, according to disclosures in UAP’s latest annual report.
It acquired 2.8 million shares from Mr Muguiyi in the year ended December and purchased the remaining 9.8 shares earlier this year.

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