Terrorism-linked bank DTB has been in the press recently for all the wrong reasons. The bank which was sued by Ham Enterprises Uganda, and lost, has suffered another...
Business
Reports received by the chief editor of this site indicate that Mombasa road-based Cigarette maker Mastermind Tobacco is hiding behind a ‘system hack’ so as...
Silverstone Air Services is planning to come back as JetLite Air Limited. Kenya Civil Aviation Authority (KCAA) has received a request for the name change but has not...
Safaricom Plc announced that they’ll be ‘permanently increasing their Home Fibre speeds effective 1st March 2020. Seems like Netizens took their time to study the...
JCB, Congratulations on appointment to Rubis Kenya Managing Director. I write to you on behalf of the previous tenants of the Hurlingham Rubis Site. I would like to...
“DTB continues to struggle with the appeal to ensure something is done but it is public domain knowledge that courts can never abet the commitment of an illegality...
Times are hard for companies even as Uhuru Kenyatta looks to sell his agenda for staying in power beyond the 2 term limit. Take Two Communications, a firm contracted by...
“As regards the lack of neutrality by Bank of Uganda (BOU), Ham Enterprises LTD lawyers also informed the court that according to the earlier press release...
On 3rd September 2020, the Secretary General of Kenya Long Distance Truck Drivers Association that covers AA Kenya staff, Mr of Nicholas Mbugua protested the move to...
Automobile Association of Kenya (AAK) is accused of firing over 100 employees at gun point. Staff narrate that a new management that is in place brought police officers...
According to a report by Reuters, demonstrating iPhone plant workers have damaged products worth more than Ksh1 Billion. The Indian workers at an iPhone manufacturing...
Global hotel brand Radisson Blu has shut its operations in Nairobi’s Upper Hill and sent home workers owing to low bookings blamed on COVID-19 pandemic. The shut down...
Kenya Power has restored the breakdown of charges in pre-paid electricity tokens as EPRA investigates why it stopped providing the complete bills to customers. The loss...
Gamblers who place less than Sh100 stake risk a Sh5 million fine if Parliament adopts the recommendations aimed at discouraging betting among the youth. National...
The loss making Kenya Power is now blaming its massive losses to the consumers’ growing shift from it’s expensive electricity to cheap solar energy. The...
Cabinet Secretary for Energy Charles Keter has told the Senate Committee that Kenya Power is in serious financial turmoils and only surviving on short loans and bank...
The loss making East African Portland Cement Company’s (EAPCC) plot to convert all its permanent employees to temporary employees with a pay cut of 50% has hit a snag...
New data shows that electricity consumers in Kenya will still pay for idle electricity despite the slowed demand. Contracted companies generated more that one billion...
Exactly last month, nyakundireport.com wrote about how Tala loans is struggling to get back its money lent to Kenyans after the Central Bank Of Kenya locked out over 330...
It has emerged that Treasury will spend Sh5 billion to compulsorily acquire Nairobi’s Railways Club as the government seeks land for the Nairobi Expressway Road Project...
Electricity generator, Kenya Power, has sunk deeper into losses for the financial year ending June 2020 after recording the worst results in decades. The firm reported a...
Recently, a visibly weary Ronald Karauri tried to revive the popular betting brand, now banned SPORTPESA, using a proxy firm-Milestone Games Limited- where he had...
Kenya has reached out to the International Monetary Fund (IMF) for the second time in less than six months for more loans to cushion the budget that has been ravaged by...
Dutch brewers, Heineken, has challenged a Sh1.79 billion compensation bill imposed on it for terminating a distribution deal with Maxam Ltd, a company owned by tycoon...
The Ministry of Energy run by former Kericho Senator Charles Keter is set to hike consumer prices of electricity and petroleum products if Parliament adopts it’s...
Five years after investing in Imperial bank’s Sh2 billion corporate bond, the investors were now supposed to be counting down to payday. However, Imperial Bank, whose...
The Auditor-General has revealed how cartels at the Cash-strapped National Oil Corporation of Kenya (Nock) looted more than Sh2.3 billion. According to a report recently...
Camellia Plc, the parent company of Kakuzi is seeking an out-of-court settlement of a human rights abuse case in where Kenyan victims have sued Kakuzi and affiliates in...
The loss making electricity distributor Kenya Power risks a Sh1.765 billion penalty for failing to surrender unclaimed assets, dividends and stale cheques to the state...
The Central Bank of Kenya has opened a new currency hub in Kisii town in efforts to ease cash distribution to counties in Nyanza region. CBK Governor Patrick Njoroge...