The fundamental problem: Ethiopians are using M-Pesa for free transactions rather than fee-generating transfers and payments.
The problem lay in how Koko exploited the now-closing gaps in how carbon credits are generated.
These individuals had taxes withheld from their earnings in 2024, proof positive they earned money, yet brazenly declared nil income when filing their returns.
Bithumb said it mistakenly distributed over $40 bn worth of bitcoin in a promotion, briefly triggering a sharp selloff.
The judge went further, slapping the couple with a Sh10 million damages award for trespass, taking into account the property’s premium location, its three-acre size
It is the kind of money that would be pocket change for a man of Ngugi’s stature, yet here we are.
Fraudulent real estate schemes targeting Kenyans abroad have escalated into a multi-billion shilling nightmare, with desperate victims left holding nothing but forged documents and broken promises
Audit uncovered that Del Monte was using a cost-plus pricing model that grossly undervalued its Kenyan operations while funneling inflated profits to related companies abroad, particularly...
The decision comes at a time when President William Ruto’s administration has intensified its crackdown on tax evasion to boost revenue collection without imposing new taxes...
Foreign companies, extract value from African environmental resources while exposing host nations to massive financial and reputational risks. When the schemes fail, the companies retreat to...
If a lawyer in Nairobi can crack open a packet of that milk, pour it into a glass, and watch white sediment collect in a sieve,...
Once the shares change hands, the government’s ability to influence the strategic direction of a company that touches virtually every corner of the Kenyan economy will...
At the centre of the scandal is the stalled acquisition of Petronas’ stakes in South Sudan’s oil blocks, a deal originally sanctioned by President Salva Kiir...
National Assembly Majority Leader Kimani Ichung’wah and Thika Town MP Alice Ng’ang’a, both key Ruto allies, bought shares in HF Group, which is part of the...
At the heart of the crisis lies the New Mega Africa case, a legal battle that has mushroomed into a Sh1.5 billion nightmare for the bank.
In September 2025, RUPHA issued a directive to over 700 member facilities to suspend SHA services and revert to out-of-pocket payments, describing the authority as “a...
Management delivered the crushing news to staff members on Friday afternoon, telling them not to report to work on Monday.