Uhurunomics: Citizen, NTV And KTN Staff To Be Hit Hard In New Restructuring
You’ve just noticed companies are laying off staff due to the tough economic situation in the country. Telkom’s merger with airtel will more than 500...
Business
‘After 1st October, The Old Kshs. 1000 Banknotes Will Be Worthless Paper’, CBK Reminds Kenyans
by Karecha
Yesterday, the Central Bank of Kenya (CBK) reminded Kenyans of the deadline for exchanging the old currency notes. In a tweet posted by the CBK...
Vice President’s Kshs. 1.3 Billion Supercars Collection To Be Auctioned
by Karecha
The Swiss government will be auctioning a collection of supercars in September worth more than $13 million that were seized from the vice president of...
TOUGH TIMES: Radio Africa Group’s Main Shareholder Sells Stake To Settle Debts
by Teddy Munene
Tiso Blackstar Group, the company that owns 49 per cent of Radio Africa, has sold its entire business to Lebashe Investment Group. The South African...
Tano Terror: Painful Restructuring At NMG
by Karecha
Nations Media Group (NMG) to sack 30 percent of their staff soon due to difficult economic times that the Aga Khan owned media house is...
Gatabaki denies deal with Suraya Thieving Couple For Four Ways Junction estate
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Bank Of Tanzania Freezes Exchange Of Kenyan Bank Notes With Immediate Effect
by Karecha
The Bank of Tanzania (equivalent to our Central Bank of Kenya) has frozen exchange of Kenyan bank notes with immediate effect. Through a letter addressed...
NBK Takeover “Unstoppable”
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KQ Troubles: Why Mr Mikosz Threw In The Towel
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Heavy Questions In UAP, Old Mutual Deal
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ABC Bank Accuses KOT Of Blackmail
The African Banking corporation has hired social media influencers to accuse Kenyans on Twitter of blackmail as questions pertaining to the bank’s money laundering allegations...
Kachumbari Eurobond…
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1 Trillion Bank…
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China Strikes Back At DJ Trump
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Joshua Oigara To Leave KCB….
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Fliers plan to avoid Boeing 737 Max jets for a year or more, Barclays survey concludes
by Karecha
In the weeks since Boeing 737 Max jets were grounded worldwide following a pair of catastrophic crashes that killed 346 people (in Indonesia and Ethiopia),...
Turbulence: Is Fly SAX Airline Going Down?
by Karecha
The editor of this site has received complaints from a couple of staff working at the Fly 540 owned airline, Fly Sax. The employees say...
FRAUD SEES HF POST 598 MILLION 2018 LOSS
Housing Finance Group (HF) has dropped into a loss for the first time in more than 10 years on reduced interest income that the mortgage...
OFFICIAL: Telkom Kenya & Airtel Kenya Complete Their Merger
by Teddy Munene
Airtel Kenya and Telkom Kenya have officially completed their highly anticipated merger today. The two companies decided to work together in an attempt to break...
Kenya Commercial Bank (KCB) Seals Deal To Buy Off National Bank Of Kenya( NBK)
The Kenya Commercial Bank has sealed a deal to buy off the struggling National Bank of Kenya, we can report. The National Bank of Kenya...
Keycorp Real Advisory: UK Digital Firm Disguised As KRA In Multibillion Scam
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 Exposes NSSF Scandal
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...
Fraud Sees Housing Finance Sink Into Ksh. 332 Million Loss
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,...
Wandia Njoya: The Blue Economy Is Just Another Exploitation Strategy By Uhuru’s Government
by Teddy Munene
One feature of whiteness is to spend resources looking for a magic solution while ignoring the answer staring you in the face. Because the bigger...
Kenya At High Risk Of Assets Requisition By The Chinese Over Debts
by Teddy Munene
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...
Bad Press Hurts KPLC
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...
UBA Bank Insider To Reveal More Details To Cyprian Nyakundi
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...
Three Airlines To Be Probed
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 Rise And Fall Of Deacons
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...
UBA Bank Boss Resigns
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...