The Nairobi-based fintech giant has mastered the art of squeezing money from struggling families through its “lipa pole pole” model, a scheme that critics are now...
The president’s wealth places him ahead of several other African leaders on the list, though he remains less affluent than his predecessor, former President Uhuru Kenyatta,...
Questions are swirling around a lending company linked to a prominent city businessman popularly known as ‘Jimal Roho Safi’ and now accused of defrauding more than...
Safaricom Ethiopia, the consortium’s ambitious $1.6bn bet on the Horn of Africa’s liberalising telecoms sector, has become a case study in corporate comeuppance.
Media personality Willis Raburu will not receive a Sh6.5 million bounty after the High Court overturned a judgement granted in his favour against mobile operator Airtel...
The rice import scandal engulfing KNTC exposes how procurement processes at public agencies have been weaponized for private enrichment rather than serving the public interest.
Throughout East Africa, the next generation of investors is rewiring the rule book on finance. Kenyan millennials are abandoning the classic stock portfolio for the fast-paced,...
Advertisers, the lifeblood of any media house, have fled.
The Sh2.5 billion liability—equivalent to the entire shareholders’ equity of Guardian Bank as of recent financial reports—represents a significant financial hit even for a business empire...
The immunities granted to the GCA—including protection from lawsuits, tax exemptions, and inviolability of premises—mirror those typically reserved for sovereign states or United Nations agencies, not...
Calls are mounting for mandatory disclosure of all chemical additives on product labels, not buried in fine print but prominently displayed so consumers can make informed...
The funds will enable Kenya to retire $1bn of its 2028 Eurobond ahead of schedule, the third such debt management operation since 2024.
Former CEO denies wrongdoing, accuses insurer of breaching separation deal as Sh1.6 billion scandal rocks Mauritian firm A bitter legal war is brewing between former MUA...
Industry insiders familiar with Oki’s modus operandi describe a company that has perfected the art of the “shell shuffle”—constantly rotating transactions through dormant companies with outstanding...
“EAPC is a strategic national asset. Allowing it to be used as collateral to fix a failing investment elsewhere is not just bad business, it’s bad...
Approximately 60 percent of Credit Bank’s loan book is classified as non-performing—meaning three out of every five borrowers have stopped paying.
Musk’s huge wealth is closely tied to his more than 12% stake in Tesla, which has seen its shares rise sharply this year.
