Cofek warns that Kalahari Cement, though locally incorporated, acts as a proxy for its Tanzanian parent, enabling what it calls regulatory circumvention and anti-competitive consolidation.
With millions of Kenyans receiving similar unsolicited loan offers daily, the potential liability for the industry could run into billions of shillings.
Competition Authority data shows microfinance complaints jumped 28 percent in 2025 compared to 2024, validating borrower grievances about predatory practices.
Platinum Credit Kenya has been ordered to compensate a Kenyan man Sh400,000 after the data regulator found the lender unlawfully used his personal information to push...
Court documents state that Safaricom is fully aware that many M-Pesa users, especially the unbanked, semi-literate and digitally inexperienced, remain extremely vulnerable.
The Mwananchi Credit case exposes the dark side of an industry that promises financial inclusion but too often delivers financial ruin.
With 49.9 million subscriptions and control of 62.8 percent of mobile broadband, the company faces minimal competitive pressure in most of its service areas.
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
Investigators flagged a staggering Sh689 million in purchases allegedly made from suppliers who turned out to be missing traders.
A high-stakes battle between Kenya Electricity Transmission Company and a Spanish contractor has taken a dramatic turn after it emerged the foreign firm could not raise...
Two Rivers Special Economic Zone saw its losses more than double to a staggering Sh584.5 million from Sh288.04 million, casting a long shadow over Centum’s entire...
The court emphasized that there was no proof of fraud, forgery, or any conspiracy among the defendants, describing Ndungu’s evidence as insufficient and, in parts, unreliable.
Every customer who has been affected by these stealth cuts should file a complaint with the Communications Authority.
The Kenya Wildlife Service has dismissed claims circulating on social media that the Ritz-Carlton Safari Camp is obstructing wildebeest migration routes and river crossings in the...
Binance and its founders, including billionaire Changpeng Zhao, face a US lawsuit alleging the cryptocurrency platform facilitated millions of dollars to terrorist organisations such as Hamas...
By Joshua Ooko Investing in real estate in Kenya remains one of the most reliable long-term strategies for building wealth, but it demands a clear understanding...
NAIROBI, Nov 26 (Reuters) – Kenya will appeal against a regional court ruling that halted a trade deal with the European Union, Trade Minister Lee Kinyanjui...
Co-operative Bank of South Sudan has entered into a new partnership with the United Nations Development Programme in what officials describe as one of the most...
This is not a struggling institution pleading poverty. This is a tier-one bank controlled by the Kenyatta family, holding 13.2 percent through Enke Investments, and the...
JW Marriott has taken on what many construction experts privately called impossible: a complete renovation of the West Wing that promises to transform the doomed structure...
