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Financial institutions top Kenya's Sh18bn Ad spend in three months

The entities increased their spending by Sh591 million

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by JACKTONE LAWI

In-pictures26 July 2024 - 13:45
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Newspapers on display in a stand in Nairobi. There is concerns that circulation of newspaper and dwindling advertising revenue is exposing the media to manipulation and intimidation by the state, private business.

Banks and other financial institutions increased their spending on advertising by 26 per cent to Sh2.9 billion in the three months to June, a new report by the Communications Authority has revealed.

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