Safaricom PLC, Kenya’s telecom giant, is facing increasing pressure as rival Airtel Networks Kenya Ltd narrows the gap in the country’s fiercely competitive mobile market, according...
Tesla’s recent market collapse has left analysts at JPMorgan struggling to find a comparable moment in automotive history. In just a few months, the company lost...
Oil marketing company Ola Energy announced it is laying off an undisclosed number of workers in its Kenyan outfit. This is as it restructures to boost...
A Nairobi resident has sued East African Breweries ltd (EABL) demanding Sh.20 million compensation for using his image to promote its products. Samuel Mburu Maina accuses...
In January 2025, the DCI, through investigating officer Inspector Duncan Maina, obtained a court warrant to seize Sacco records, including documents related to procurement, tenders, and...
While the CMA’s intervention offers a regulatory lifeline, the firm must navigate debt repayment, legal battles, and restored investor trust.
The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has warned on the rising misuse of private rental spaces, particularly Airbnb properties, as...
Analysts warn the payout could dent shareholder returns, trigger stock volatility, and erode investor confidence. Standard Chartered’s shares, a component of the Nairobi Securities Exchange’s top...
For Sacco members, this could mean scrutiny over deposits exceeding a yet-to-be-set threshold, with Sasra likely requiring proof of legitimate fund sources.
A private company behind the government’s eCitizen platform has continued collecting millions in convenience fees, defying directives from the highest levels of government to relinquish control....
Mr Gitonga’s charge sheet says that between April 2022 and August 2024 he handled and diverted Sh212.16 million worth of clients’ cash for his personal use...
High Court Exposes NCBA’s Legal Breaches in Sh109.5 Million Loan Dispute, Grants Reprieve to Struggling Entrepreneur. In a scathing rebuke to one of Kenya’s largest financial...
Tesla CEO Elon Musk remains the world’s wealthiest person despite losing $62 billion in February, as plunging Tesla shares and public backlash over his federal efficiency...
Concerns have been raised over the mysterious shutdown of the East African Portland Cement Company (EAPCC) system last week, which brought the company’s operations to a...
A court case has revealed how a rogue Equity Bank employee siphoned Sh386.5 million in one month through unauthorized transfers to eight companies. The illegal cash...
Are you an experienced leader in the healthcare sector? The Nairobi Hospital is searching for a visionary CEO to take charge of its operations. If you...
Lawmakers have launched an investigation into the proposed Sh6 billion deal between the National Oil Corporation (NOC) and French energy giant Rubis Energies Kenya (REK), which...
