Sophisticated fraudsters penetrated Equity Bank Rwanda's internet banking platform, exploiting a mobile money loophole to drain Rwf4.7 billion in a single coordinated strike. Thirty-five people are...
The dealmaker who has spent a decade selling every profit-making business in Centum's portfolio has left investors holding a rump of loss-making ventures, an imploding real...
Once the transaction closes, Vodacom's effective holding in Safaricom will surge to 55 percent, making the South African operator, itself a subsidiary of British telecom giant...
Let’s get straight to the point: what’s happening with the JILK vs. KBL dispute isn’t a quest for justice. It’s a masterclass in how to hold...
When AKFED sold its 54 per cent controlling stake in Nation Media Group to Rostam Aziz's Taarifa Ltd, it handed a media empire spanning four countries...
In late morning trade in Asia, Brent crude was 6% lower at $93.05 (£69.33) and Nymex Light Sweet was down 6.1% at $88.96.
The former Dagoretti South MP's investment bank earned its biggest-ever single-deal payday leading the Kenya Pipeline Company's controversial float — but the numbers behind the headline...
The appointment of Kiprono Kittony as Kenya Airways chairman has ignited a fierce governance debate. As chairman of the Nairobi Securities Exchange, the bourse on which...
As the Communications Authority reviews Airtel's landmark direct-to-cell application, the Kenyan telecom market is gripped by a battle that is simultaneously commercial, regulatory and deeply political....
Kenya's largest privatisation in nearly two decades raised Sh112 billion and was declared a triumph. The data tells a far more unsettling story. When the insiders...
Cytonn Investments CEO Edwin Dande has publicly warned Ohangla star Prince Indah to keep out of real estate, invoking the ruinous example of Bishop Mark Kariuki...
In a move that has sent shockwaves through the digital entertainment landscape, the Showmax Board has officially announced the decision to discontinue the service in the...
The airline said the first flight will depart from Nairobi to Dubai today, with the return flight from Dubai to Nairobi scheduled for tomorrow. The operations...
The company calls it growth. Public health calls it a tragedy.
Businessman's claim follows acquitted Moi University student's Sh200 million lawsuit, raising fears of tidal wave of litigation over unlawful data disclosures to police
Omari has publicly raised the spectre of a Sh1 trillion lawsuit against the company, should the scope of affected subscribers be as wide as civil society...
In the Strait of Hormuz and surrounding waters, at least 150 vessels including oil and liquefied natural gas tankers had dropped anchor, shipping data showed on...
