We can make Lamu Port first port of call in Africa
May 20, last week, was a big day in Kenya’s history. As the Indian Ocean waters roared softly, Lamu Port roared to...
KCB sues City Hall on Sh5bn defaulted Equity loan
KCB Group has moved to the High Court to enforce the collection of Sh4.3 billion worth of loan and interest from the Nairobi...
Chase Bank depositors receive Kshs. 500,000 as liquidation commences
The Kenya Deposit Insurance Corporation (KDIC) has started to process payment to remaining Chase Bank depositors as liquidation of the lender commences.
KDIC...
Kenya Railways partners with Nzoia Sugar Company for transportation
Kenya Railways has partnered with Nzoia Sugar Company for the purposes of transportation of Sugar and other related products from Bungoma to...
Kenya Power to switch off illegal connections countrywide
Kenya Power has started disconnecting illegal power lines across the country.
Kenya Power managing director Benard Ngugi says illegal connections costs the utility firm Ksh9.6...
Safaricom share hits record high on Addis permit
Safaricom shareholders’ paper wealth rose by Sh90.1 billion yesterday as investors rushed to buy the company’s shares after it was awarded a licence...
KRA to hire 6,600 in war against tax cheats
The taxman plans to hire 6,604 more officers in three years in a bid to raise nearly Sh1 trillion additional revenue through...
KAA seeks Treasury bailout as debt piles
The Kenya Airports Authority (KAA) has requested a cash bailout from Treasury amid piling debt, its management has said.
Carrefour launches mobile app to enhance online shopping
Carrefour Kenya has launched a new mobile application that will enhance the online shopping experience for its Kenyan customers.
With the app customers...
How Munga got Sh135m for Britam shares he didn’t own
Billionaire businessman Peter Munga in 2016 pocketed Sh135.7 million worth of dividends from Britam shares he did not own, an inquiry report shows.
