Business

Employees of a digital firm with UK roots made payments into the accounts of a dummy company they formed and disguised as the Kenya Revenue

Auditor General Edward Ouko has raised the red flag on Sh2.54 billion worth of property investments by the National Social Security Fund (NSSF) that have

Mortgage financier HF Group sunk into a Sh332 million net loss in the nine months ended September, weighed down by reduced lending and loan defaults,

Global rating firm Moody’s Investor Service has released a report showing that Kenya is among countries at the highest risk of losing strategic assets to

Kenya Power  has returned the worst performance in a decade as profits fell 63.7 per cent to Sh1.92 billion, denying investors any dividend amid another

Dear Sir, The above-mentioned individual recently resigned from UBA Kenya. Please see below link speaking on the same. UBA Bank Boss Resigns The article mentions

The Kenya Civil Aviation Authority (KCAA) is investigating three local airlines for operating miraa (khat) cargo business on the Nairobi-Somalia route, the business daily newspaper

The top 10 shareholders in troubled fashion retail chain Deacons East Africa have lost Sh1.2 billion in paper wealth since the firm’s July 2016 listing

Isaac Mwige, the chief executive of UBA Kenya, has left the bank after four years on the job, the local subsidiary of Lagos-based lender UBA

Yesterday, we revealed that Housemart Limited managed to bribe a Judge and KRA officials to negotiate for an out of court settlement in a matter

Mastermind Tobacco is playing games with courts in order not to pay huge taxes that they owe the taxman. The Kenya revenue has in many

A recent report by Credit Info has revealed shocking details on Kenya’s borrowing culture. According to the report, over 16 percent of Kenyans borrowed from multiple

Dear Nyakundi,   Mr. Ibrahim Bugaighis has been replaced as CEO of Libya Oil Africa Operations.   Please see attached article and referenced email below.  

The capital markets regulator has called out five public listed companies for operating below the required capital and liquidity limits, demanding that they submit concrete

Impulse Promotions Limited, a shell company we exposed on this site back in 2016, has now been accused of witholding payments for three months despite

Hi Cyprian, I am an employee of Kansai Plascon Kenya Limited, formerly known as Sadolin Paints that was acquired by new owners from South Africa.

Recent revelations that the KICC was designed to resemble a donkey’s penis excited Kenyans on social media and KICC was trending for many days but

At least 12 companies risk being delisted from the Nairobi Securities Exchange due to poor performance and corporate governance challenges. According to the EastAfrican,  market regulators

  The cost of mobile phone services, including payments, is set to rise following the assent to the Finance Bill by President Uhuru Kenyatta last

Payment vouchers for Sh15.2 billion spent on President Uhuru Kenyatta’s flagship free laptops programme cannot be traced, Auditor-General Edward Ouko has said in a report

The Kenya Airports Authority (KAA) is on the spot over Sh413.5 million it paid consultants and law firms, and ground-breaking for the terminated Greenfield Terminal

East African Portland Cement Company (EAPCC) says it has factored in its financial statements in the Sh1.4 billion it owes workers but declined to give

Troubled Uchumi Supermarkets  is banking on court protection to fend off multiple creditors who are scrambling to dispose of its assets to recover debts. The

The Treasury spent Sh57 out of every Sh100 it collected in July and August to service debt, underlining the burden of mounting government borrowing on

Residents of Gatuanyaga in Kiambu County have now accused Governor Ferdinand Waititu of entering into an agreement with Del-monte without consulting them. The residents are