“I was cautioned that admitting such an allegation to the company director or even taking disciplinary action would be tantamount to the bank admitting liability.” — Evans Murumba, former Absa Coast regional head, in sworn testimony Four years into a lawsuit Absa Bank Kenya insists never should have existed, the lender’s own former regional executive […]
A Sh115 million freeze, a pardoned felon founder and a pattern stretching from Lagos to Nairobi expose how the world’s biggest crypto exchange keeps landing at the centre of the money-laundering networks Kenya is racing to dismantle.
Four years after Kenya Commercial Bank (KCB) placed the landmark EnglishPoint Marina under receivership, one of Kenya’s most valuable hospitality developments remains at the centre of an escalating legal battle over transparency, accountability and the management of billions of shillings worth of assets. At the heart of the dispute is a simple but persistent question […]
A quantity surveyor accused of pocketing bribes to inflate a Sh163 million claim fifteen-fold. A Machakos judge who blindsided Nairobi’s own commercial bench. A cover-up allegation involving a departed expatriate that Kenya’s mainstream press has, so far, chosen not to touch.
A New York-listed bank has gone to war with Kenya’s top detectives to stop them from ever questioning its country boss over a tea factory loan and buried in the legal paperwork is a warning that the man accusing him of wrongdoing has, at various points, been just as unwelcome in his own boardroom. Citibank […]
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.
Four rounds. Two courts. One procurement board. And still nobody can say, with a straight face, who is really standing behind the joint venture that keeps winning Kenya’s green gold.
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.
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