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), the company...
Business
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 that they have not been paid for...
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 lender previously blamed on the...
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...
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 was looted to the ground by Munir...
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 Authority (KRA), causing the...
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 either stalled...
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, on a day when...
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 point of such...
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 China...
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 poor run on the...
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 at the Nairobi...
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 Plc said Wednesday, Local...
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 occasions failed to hit tax...
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...
Dear Nyakundi, Mr. Ibrahim Bugaighis has been replaced as CEO of Libya Oil Africa Operations. Please see attached article and referenced email below. Libya...
The capital markets regulator has called out five public listed companies for operating below the required capital and liquidity limits, demanding that they submit...
On Wednesday evening, the financially struggling Kenya 15s side finally flew out to France where they are meant to battle it out in the 2019 Rugby World Cup...
On Friday morning Kenyan shoppers were engaged in a cat and mouse game with online store Jumia during the previously advertised Black Friday flash sale. Jumia intends to...
On 28th October this year, Kenya Airways made the much hyped 16 hour inaugural direct flight to New York. The flight dabbed #KQNBONYC received intense publicity online...
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 workers having...
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. Since ownership was...
On Friday evening, a video of a middle-aged woman complaining of her stressful marriage was doing rounds online. The woman who said she was married to a Kenyan banker...
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 recent...
At least 12 companies risk being delisted from the Nairobi Securities Exchange due to poor performance and corporate governance challenges. According to the...
The cost of mobile phone services, including payments, is set to rise following the assent to the Finance Bill by President Uhuru Kenyatta last month. That is...
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...
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 at...
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 a timeline for...
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 retail...
