The CBK announced its intention to prequalify competent firms for coin minting services, aiming to rectify previous concerns about the lack of competitive bidding.
Nairobi, Kenya – December 27, 2024 SonySugar, the state-run sugar company that had been on a remarkable recovery trajectory, is now facing a significant downturn, with...
Nairobi, December 26, 2024 – Nandi Senator Samson Cherargei has publicly questioned Safaricom’s possible involvement in the ongoing series of abductions in Kenya. On his X...
Telecommunications giant Safaricom is under fire following allegations of using intimidation tactics against Nation Media Group (NMG) in the wake of an investigative story published on...
Air Tanzania Company Limited (ATCL) has been added to the European Union’s Air Safety List, effectively barring the airline from operating within the EU. This is...
In Kenya, a nation grappling with economic challenges, tax evasion by large corporations has become a critical issue exacerbating the fiscal strain on the government. This...
The Employment and Labour Relations Court has quashed the KLB’s new HR structures terming them illegal. This is a big blow to former KLB Managing Director,...
A petition against leading telcos giant, Safaricom PLC has been filed with the Office of the Data Protection Commissioner (ODPC) alleging breach of the Kenya Data...
(Reuters) – French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged...
The circus that has been revolving around the Jeevanjee Affordable Housing project in Nairobi took a new twist with the National Bank, which has financed the...
Starlink’s entry into the Kenyan market has indeed stirred up quite a bit of controversy. Since its launch in July 2023, Starlink has been offering high-speed...
Amid these allegations, Adani Green Energy also informed stock exchanges that its subsidiaries have decided to defer their planned US dollar-denominated bond offerings.
Mr. Havi says the frustrations from KRA and particularly from deposits to his client’s accounts at NCBA Bank cost him many other jobs.
The lender moved to court last month to stop the banking fraud unit (BFIU) at the Directorate of Criminal Investigations (DCI) and Mr Ingonga from instituting...
Investigations by law enforcement agencies and bitter parting of ways with a former CEO have all triggered court cases. In other instances, Tatu-City affiliated companies are allegedly...
The Directorate of Criminal Investigations (DCI) banking fraud unit is investigating how Sh1.4 billion was transferred from Equity Bank Internal Salaries Remittance General Ledger and credited...
A growing number of Kenyans are falling victim to deceptive sales tactics employed by financial advisors and firms, it has been established. These unscrupulous practices, often...
Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald...
NCBA Bank has been ordered to pay United Kingdom based solicitor Sh250,000 for disclosing her data to a third party. Data commissioner Immaculate Kassait slapped the...
CBK has been compiling the lending rate for commercial banks since July this year.
