A record profit, a record dividend and a quietly widening ownership gap: Safaricom’s FY26 numbers show Kenyan shareholders footing a growing share of the Ethiopian bill — at the exact moment three of the world’s most sophisticated development investors chose to stop matching it.
The Court of Appeal has bought Dr. Sarita Sukhija more time. But court filings, employment records and a second Nairobi clinic’s own scandal-ridden history reveal a fertility underworld of unverified embryos, raided nurseries, a dead egg donor allegation, and a doctor who once accused another clinic of doing to her exactly what she now stands accused of doing to her patients.
A Sh1.4 billion tax bill frozen by a tribunal technicality. A Sh95 billion demand that collapsed to Sh17.5 billion. A brand that has shut down, rebranded and relitigated its way through three prime ministerial terms of Kenyan tax administration while punters staked more last year than the entire country invested in shares at the Nairobi bourse.
How a businessman who once lobbied to chair KPA’s board instead ended up owning the freight company that captured its prime Kipevu land and a fifth of all South Sudan cargo while the Authority’s Managing Director, Nakuru’s governor, and an MP with a seat at the President’s table all looked away.
A high-value facility advanced on Land Reference No. 11390 was secured by people who are not the registered owners of the land and six weeks of silence from Riverside Drive is doing nothing to settle nerves.
Peter Ndegwa did not buy his way into becoming one of the more consequential individual shareholders on the Nairobi Securities Exchange. He was given the shares. Safaricom’s newly released annual report for the year ended March 2026 shows the chief executive’s personal stake climbing to 12.097881 million shares, worth Sh425.8 million at the ruling market […]
High Court dismisses both companies’ appeals, rules a correctly entered PIN is not a shield against liability, and hands down a judgment that shreds the industry’s favourite excuse
Blacklisted in Japan for radiation fraud, dogged for fifteen years by conflict of interest allegations tying it to Kenya’s biggest car importer, accused of siphoning billions from Kenyan motorists through inflated fees, and now stripped of a Tanzanian contract for operating without basic diagnostic equipment, Quality Inspection Services Japan has survived every scandal that should have ended it. The question Kenyan authorities still refuse to answer is why.
The wildebeest do not read court filings. They cross where the land lets them, and this season, along a bend of the Sand River that a five star hotel brand now calls its front lawn, four separate legal actors, a coalition of regional lawyers, a Maasai elder turned reluctant litigant, two international conservation charities and, indirectly, the Office of the President, are all trying to decide for them.
Sh17,011,241.95. That is not a rounding figure invented for effect. It is the precise sum, down to the last cent, that keeps resurfacing in whistleblower complaints, union correspondence and, most damningly, in the sworn record of the Employment and Labour Relations Court, every time the question is asked of who really controls the union dues […]
A Kilimani villa, a hospitalised woman and a lawyer who represented both sides of the sale: fresh forensic claims and a fractured judicial review have reopened one of Nairobi’s most uncomfortable property scandals, with the advocate’s own paper trail now doing much of the talking.
He is the only man from an entire regional bloc of over four hundred million people to sit on Forbes’ real time billionaires list, and for over a decade nobody has seriously challenged the number. Mohammed “Mo” Dewji, chief executive of Mohammed Enterprises Tanzania Limited, has been valued at between two point one and two […]
Cracked walls, a fresh county-wide quarry crackdown and a decades-old family firm face renewed scrutiny over blasting, oversight and a missing weighbridge
A damning Auditor-General review has torn the cover off Consolidated Bank of Kenya, a state-owned lender that was technically insolvent on regulatory capital measures, exposing how its own directors, associates and employees kept extracting insider loans far beyond legal limits even as core capital sat deep in negative territory and nearly four in every ten shillings lent to customers had stopped being repaid.
A High Court ruling exposing unlawful rate hikes and phantom charges on the mortgage book has landed just as the lender hands nearly five percent of its equity to insiders through freshly minted shares
That an ex-regulator walked away from an Sh4.8 billion national scandal without so much as an arraignment, only to resurface weeks later as the alleged architect of a private detention and extortion operation in his own company’s offices
A confidential intelligence dossier reviewed by Kenya Insights claims the SportPesa chief executive and sitting Kasarani MP paid in excess of Sh25 million for a stolen Safaricom subscriber database, then deployed it to micro-target voters in his 2022 parliamentary bid. The claim collides with the telecom’s own court record, which insists the SportPesa transaction collapsed before it was ever completed. Both cannot be fully true. This is what we found.
Behind the Saudi billions, the safari lodge and the pangolin sanctuary, a derivative claim reactivated in Port Louis threatens to reopen the ownership percentages Rendeavour spent two decades and Sh240 billion locking down. The people most exposed may not even know it yet.
A major cybercrime operation in Nairobi has led to the arrest of 18 Chinese nationals after detectives dismantled what investigators believe was a sophisticated fraud workstation operating from a luxury apartment in the city’s Kilimani neighbourhood. The operation was conducted by officers from the Directorate of Criminal Investigations (DCI) based at Kilimani Police Station, working […]
Malindi’s expatriate elite and coastal property circles are reeling after a Kenyan-Italian national long celebrated as a local pioneer and political hopeful was arraigned alongside a co-accused over a catastrophic fire that allegedly destroyed a rival investor’s Sh667 million luxury villa complex. Franco Esposito, widely known in Magarini and Malindi as Kasoso wa Baya, and […]
A 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.
Until EACC and DCI close their files with an answer, and until FKF publishes the forensic audit its own executive committee demanded in April, every court victory is a postponement, not a pardon.
A charge said to migrate a sister company’s old facility onto the judgment debtor, arranged weeks after that debtor lost its most important appeal, is not a footnote. It is the architecture.
Three years after the government officially switched off the lights on a rural anti-poverty programme funded by a specialised agency of the United Nations, the money kept flowing. Not to the pastoralists in Turkana who had been promised drought insurance. Not to the women’s cooperatives in Kitui waiting on micro-credit. It flowed instead into a […]
For a decade Peter Njonjo was sold to investors and to State House as the man who would drag Kenya’s informal food economy into the twenty first century. The record now shows a different story: a Coca Cola executive who used a start up’s social mission as leverage to extract state land, state credit and state cover, before handing a hollowed out company to foreign creditors and walking away with a 20,000 acre irrigation concession registered quietly in his own name.
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