The Ethics and Anti-Corruption Commission has faced calls to investigate the transaction’s funding sources, though no formal probe has been announced.
Mobile money services have transformed the way financial transactions are done in Kenya. Since last year, more than 87% of adults in Kenya are now using...
Of the first 48 recipients of Growth Shares, only seven were of African descent.
The safety rejection adds to growing controversies surrounding Lake Gas’s Kenyan operations.
Investment bank faces perfect storm of debt crisis, partnership disputes, and mass investor exodus Genghis Capital, once a rising star in Kenya’s investment banking sector, has...
Kenya faces enhanced due diligence requirements for EU financial transactions as commission cites persistent deficiencies in anti-money laundering framework The European Commission has escalated pressure on...
Lender faces double blow as Court of Appeal upholds damages award while midnight fraud cases surge among millennials Stanbic Bank Kenya is grappling with a costly...
As part of its enforcement strategy, KRA has introduced a “VAT Special Table” - a digital platform that publicly lists entities flagged for non-compliance.
Kenya’s dream of becoming an oil-producing country is finally gaining real momentum. After years of delays, setbacks, and uncertainty, Energy Cabinet Secretary Opiyo Wandayi has confirmed...
The company had been under administration since September 2023 when directors issued an insolvency notice, acknowledging that Redhouse had encountered financial difficulties that were “essentially affecting...
The fund also spent Ksh.12 billion purchasing government securities with a premium of Ksh.500.7 million without satisfactory explanation, raising questions about the investment strategy under Koross’s...
High Court ruling deals blow to software firm’s attempt to dodge VAT on outsourced developer services A Kenyan software development company has been dealt a devastating...
Stockbrokers mobilize to remove Frank Mwiti after just one year in office, citing leadership failures and market disconnect May 31, 2025 The Nairobi Securities Exchange (NSE)...
According to the new CRSP schedule, a Vitz Hybrid F will cost Ksh3,440,622, while a Prado TX-L-E4 will cost Ksh9,095,659, and a Mazda CX-5 20S will...
The Institution of Engineers of Kenya (IEK) warned this week that up to 25% of cement sold in the country fails to meet quality standards, contributing...
Some employees believe the mass layoffs are connected to cost-cutting measures, particularly following Mwangi's reported agreement with Mastercard to absorb scholarship graduates for cheap labour.
Safety concerns mount as cement quality drops 25%, putting lives and property at risk NAIROBI – Kenya’s construction industry faces a mounting crisis as engineers raise...
"I was warned, under the guise of a professional meeting, that security could be sent to harass, harm, or kill me, all because I dared to...
A worker earning Ksh 1 million monthly would see their take-home pay reduced by Ksh 12,123 to Ksh 646,805, while someone earning Ksh 800,000 would face...
The dispute stems from a directive by Mbadi asking the Tourism department to ring-fence the funds through the Tourism Promotion Fund (TPF), even though the Bomas...
