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Business Daily

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IMF may delay approval of fresh funding to Kenya https://epaper.nation.africa
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Marius loves big tables. To laugh, bond, eat. I had been briefed that he is a man of few words, slicing the fat off his sentences for lean, quick, ripostes. https://www.businessdailyafrica.com/bd/lifestyle/weekend-with-the-ceo/marius-van-der-ham-airfrance-klm-kenya-boss-4681564
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Marius van der Ham: AirFrance-KLM Kenya boss privilege and small ego issue

Marius loves big tables. To laugh, bond, eat. I had been briefed that he is a man of few words, slicing the fat off his sentences for lean, quick, ripostes.

There are few music pop stars in the world with the clout of Celine Dion. For more than three decades the Canadian singer has charmed the world with power ballads that are romantic signature tunes among the young and old, across the globe. https://www.businessdailyafrica.com/bd/lifestyle/music/pop-star-celine-dion-chronicles-her-journey-health-4679624
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Pop star Celine Dion chronicles her journey to stardom and declining health

The story of the 56-year-old superstar’s battle against the condition is chronicled in the new documentary I Am Celine Dion which premiered on Prime Video.

On June 21, 2024, we saw two teachers take a hands-on approach by staging the award-winning musical, Matilda the Musical, at Brookhouse School in Karen. One of the few schools in Kenya where theatre is one of the core courses in the curriculum. https://www.businessdailyafrica.com/bd/lifestyle/art/children-learn-thespians-brookhouse-classical-musical-4679620
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Children learn thespian ins and outs at Brookhouse classical musical

Two teachers took a hands-on approach by staging the award-winning musical, Matilda the Musical, at Brookhouse School in Karen.

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Crae and Adam met at one exhibition opening. Crae started spending time at Mukuru Art with Adam, even as he was nearly finished being a fourth year student in the Fine Art department at Kenyatta University (KU). https://www.businessdailyafrica.com/bd/lifestyle/art/visual-arts/birds-of-a-feather-perch-at-village-market-gallery-4679612
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Birds of a feather perch at Village Market's gallery

Adam Masava and Andew ‘Crae’ Chege are like birds of a feather despite their coming from very different backgrounds.

George Wachira: Finance Bill protests by GenZ this week took a frightening turn when what appeared like criminal elements infiltrated demonstrations with the sole target of looting and property destruction. https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/ensure-protests-do-not-degenerate-into-lawlessness-4679388
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Ensure cost of living protests do not degenerate into lawlessness

Kenya’s history reminds us that if violence is not promptly contained, it can quickly degenerate into national chaos with serious negative socio-economic and political outcomes.

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Pauline Wanjohi: The workplace is experiencing a historic transformation as more and more younger people whose lives revolve around the Internet of Things, mobile phones, and social media are hired. https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/entry-of-generation-zs-ruffling-feathers-at-workplace-4679412
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Entry of Generation Zs ruffling feathers at traditional workplace

With the latest breed of employees being outspoken, outgoing, and carefree, Gen Z is rewriting norms and daily practices that define a workplace.

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Rufus Mwanyasi: As more and more companies suffer the consequences of being unhedged, having such a policy is becoming vital. I highlight the three pillars in building one. https://www.businessdailyafrica.com/bd/opinion-analysis/columnists/developing-an-effective-corporate-hedging-policy-4679488
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Developing an effective corporate hedging policy

Today, I highlight why certain non-financial firms (read: commodity exporters, importers) need to develop a corporate hedging policy.

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The value of foreign currency loans and deposits held in local banks fell by Sh504.9 billion in three months ended March on the backdrop of a strengthening Kenya shilling, easing concerns about the lenders’ exposure to external risks. https://www.businessdailyafrica.com/bd/markets/currencies/foreign-currency-loans-deposits-fall-by-sh505bn-4679770
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Foreign currency loans, deposits fall by Sh505bn

The fall in foreign currency loans and deposits is a relief to banks after the International Monetary Fund (IMF) warned of high exposure.

Airtel Uganda’s majority shareholder Airtel Africa is set to sell additional shares amounting to a 9.11 percent stake in a secondary offer to comply with a requirement to offload a minimum ownership of 20 percent to minority investors trading on the Uganda Securities Exchange (USE). https://www.businessdailyafrica.com/bd/markets/capital-markets/airtel-uganda-s-parent-to-offload-extra-9-1pc-stake-4679656
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Airtel Uganda’s parent to offload extra 9.1pc stake

The multinational in November 2023 managed to sell 4.35 billion shares equivalent to a 10.89 percent stake in Airtel Uganda’s initial public offering (IPO).

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