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CBK moves to ban shell banks in fresh money laundering crackdown

Central Bank of Kenya [File, Standard] The Central Bank of Kenya (CBK) has proposed a sweeping ban on shell banks, closing a regulatory loophole tha…

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business

Lamu refinery set for September 30 groundbreaking as Dangote IPO opens in Lagos

A section of the oil lines connecting Kenya Petroleum Refineries Limited to various oil marketers in Mombasa. [File, Standard] President William Rut…

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Scrap metal dealers demand crackdown on smugglers

Audio By Vocalize KRA is under pressure to crack down on a growing scrap metal smuggling trade.[File, Standard] The Kenya Revenue Authority (KRA) i…

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Inside US, China battle for control of Sh8tr Mrima Hill minerals

US-China competition over Kenya’s Mrima Hills. [File, Standard] The United States (US) has made a strong pitch to Kenya to onboard American companie…

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