The ban affects all foreign currencies, including the widely used US dollar and neighboring Kenya's shilling, which have traditionally been accepted for many transactions, particularly in...
A bombshell petition presented to the Kenyan Senate has ignited calls for urgent investigations into East African Breweries Limited (EABL), one of Kenya’s oldest and most...
A Nairobi-based forex trader Michael Gitonga who is battling charges of defrauding clients of Ksh 215.3 million now wants the case at lower court withdrawn. When...
Some commenters speculated that the millions spent on the lavish Dubai properties might be proceeds of corruption, though these claims remain unsubstantiated.
The Institution of Engineers of Kenya (IEK) has launched a scathing attack on Nairobi County’s digital development approval system, claiming it has been “purposely made to...
KISUMU COUNTY — Workers at Zipline Kenya Ltd, a drone logistics company that has made headlines for its innovative approach to medical deliveries, are reportedly facing...
The Central Bank of Kenya (CBK) is “actively considering” adding gold to its foreign exchange reserves as part of a strategy to diversify beyond the US...
In a significant corporate restructuring, Radio Africa Limited has let go of 27 employees, some of whom had been with the company for over two decades....
The Central Bank of Kenya (CBK) has launched its annual internship program aimed at developing young talent for the banking and financial sector. The one-year program...
The UAE-backed loan marks another milestone in the Gulf nation's growing economic influence in Kenya under the Kenya Kwanza administration.
According to reports, authorities are particularly interested in tracing the money flow through traditional banking channels that enabled the scheme to operate across multiple jurisdictions.
The Rongtai deal was one of seven investment agreements worth a combined $823 million (Sh106 billion) signed during the second day of President Ruto's four-day state...
The whistleblower claims qualified Kenyan professionals are frequently passed over in favor of expatriates from India, even when the Kenyan staff have successfully managed departments for...
By Daniel Kiptoo Bargoria Kenya is inching closer to universal access to electricity with each new connection. The country is nearing the 10 millionth customer with...
President William Ruto has overseen the signing of investment agreements worth nearly $1 billion, including the leasing of Nairobi’s Hilton and Intercontinental hotels to Chinese investors....
The message is clear: those who profit from gambling can no longer ignore its devastating consequences.
Nation Media Group (NMG) has appointed James Smart as Managing Editor, Broadcast and New Media as part of a major editorial leadership restructuring aimed at strengthening...
The headline-grabbing figure is often the full jackpot amount - sometimes advertised at Ksh 300 million - for correctly predicting all 17 matches.
CITAM in overall had an 11 per cent increment year on year improvement income comparable to 2023.
The dispute centers around a June 2020 undertaking allegedly made by the Treasury, which Devki claims exempted it from paying the VAT on imported equipment.