Troubles continue to pile at the already loss-making Kenya Power (KPLC) after it was slapped yet again with a Sh722.31 million penalty for flouting 40-day window of...
Business
Murang’a based agricultural firm, Kakuzi, continues to bear the brunt of human rights abuse by its security guards after two more large European supermarket...
Last month, Safaricom PLC’s MPESA overdraft service Fuliza reported that subscriber loans in the six months to June 2020 rose to Sh176 billion from last years Sh81...
The troubled National Oil Corporation of Kenya (Nock) is projecting a Sh1.44 billion loss for the year ended June 2020 with they attribute to their deeper financial...
Kenya Power now wants Energy and Petroleum Regulatory Authority (EPRA) removed from power purchase agreement (PPA) negotiations to reduce oversupply of electricity in...
We have obtained exclusive audit reports trailing how Edward Marienga, the Executive Director at Family Health Options Kenya (FHOK) siphoned millions of funds and...
Following news that over 330 unregulated digital mobile lenders and some Microfinance forms have been blacklisted by the Central Bank of Kenya (CBK) from listing loan...
Mobile service sub-sector in Kenya continues to grow and employ more Kenyans in the recent years. Data from the Communication Authority of Kenya (CA) shows that 2550...
The High Court in Uganda has rejected a plea by terrorism-linked bank DTB to have an independent auditor carry out a full account reconciliation of the financial...
Parliament has recommended a higher levy for importers who choose to transport their goods by road in a move aimed at forcing the use of standard gauge railway (SGR). In...
Tycoons are struggling to clear their faulty aircrafts currently on auction at various airports in the country after the Kenya Airports Authority (KAA) declared them a...
President of the Free Nation Donald Trump has, in a Saturday press briefing, supported a deal in principle that would allow Chinese app-TikTok to continue its operations...
The Kenya shillings hit a new record low on Tuesday when it traded at 108.55 units against the US dollar. The decline is attributed to rising costs of imports of raw...
SBM Bank, the successor to the collapsed Chase Bank has entered the dire straits. Reports indicate the the bank which acquired both Chase and Fidelity commercial banks...
Kenya has been beaten by Somalia, which has the most affordable mobile internet in Africa and seventh worldwide this year according to a survey conducted by British...
Kenya has been listed among nine countries that anyone can easily travel to globally according to Forbes. The global media company indicated that the only entry...
Google has appointed Agnes Gathaiya as its new country director for its East Africa business. Agnes will replace Charles Mutoro who was named as the Google’s...
Kenya has become the first country in the world to be awarded the recommended status of the ‘Safer Tourism Seal’ by Rebuilding Travel, according to a statement from the...
Eight suspected gangsters were Sunday night shot dead by police following an attempted robbery at a godown Nairobi Industrial Area. According to a police report, about...
News broke out on Saturday morning that a youthful Kenyan businessman identified as one Kevin Omwenga was found dead in his Kilimani apartment in what seems to have been...
Kenya is set to build a Sh540 billion nuclear power plant on in Tana River County . The project that is majorly bankrolled by private investors will be carried out over...
The Alphabet-owned internet giant Google is in bad books with the Australian authorities after it criticized the first ever antitrust laws. Google Inc, while opposing...
Following revelations that Diamond Trust Bank (DTB) Uganda is doing illegal withdrawals from their client’s accounts, customers have been withdrawing their money from...
Telegram has celebrated its 7th anniversary with a special video calling feature. Telegram, which originally started as an iPhone only App has now amased more than 400...
Equity Group Holdings expansion continues with the latest acquisition of a bank based in the Democratic Republic of Congo (DRC). Banque Commercial du Congo (BCDC) has...
Ola Energy or Oilibya in Ethiopia is suffering from arbitrary retrenchments and firing of staff. The firms which are both under Libya Oil Holdings Limited have been...
As the famous saying goes, One Man’s Meat is Another Man’s Poison. While the rest of the world battled the unprecedented COVID-19 pandemic and its life...
Helios Investment Partners, the 60 percent shareholders in Telkom Kenya (Formerly Orange Group by France Telecom) has opted out of its proposed merger with Airtel Kenya...
The National Treasury has paved the way for county governments to take loans either externally or internally to finance projects. Many counties have suffered because...
The World Bank wants a cancellation of incomplete infrastructure projects worth Sh1.1 trillion initiated during the Kibaki’s tenure as the head of state. ...