Behind the tender premium and the parent’s reassuring language sits a bank bleeding profit, haemorrhaging trust and shedding its chief executive in a boardroom rupture Johannesburg would rather Nairobi forgot. A Kenya Insights investigation into the numbers, the courtrooms and the whispers Absa has spent two years trying to outrun.
Read the full storyA 40-acre Mara ruling exposes the exact mechanics of a title-flipping scheme, and it is only the tip of a documented pattern stretching from Kesses to Kiambu
A payment subcontractor with a hundred-thousand-shilling starting capital and a director shared with that same vendor now quietly pockets a fixed cut of every shilling paid to a sick Kenyan’s hospital.
A decade of forged degrees, phantom warehouses, a name-changing tycoon, a fake lawyer and a shell company in a British port town, and the men who kept winning anyway.
His explanation, delivered after the fact and only when journalists came calling, was that he had travelled out of the country on Wednesday evening.
Behind the tender premium and the parent’s reassuring language sits a bank bleeding profit, haemorrhaging trust and shedding its chief executive in a boardroom rupture Johannesburg would rather Nairobi forgot. A Kenya Insights investigation into the numbers, the courtrooms and the whispers Absa has spent two years trying to outrun.
New regulations require platforms to verify users’ ages, suspend underage accounts, and comply within 12 months
