Equity Group, CIC Insurance, and Moi University have been fined a combined Sh1.5 billion over unclaimed assets. The three institutions are among 20 firms who have been fined a combined Sh2.2 billion the Unclaimed Financial Assets Authority (UFAA).
According to...
The High Court in Nairobi has ruled that banks can still pursue borrowers to recover any outstanding debts even after auctioning them. This ruling was made in a court case in which a borrower was seeking to stop a...
Canadian investor Charles Field-Marsham has sold his stockbrokerage firm, Kestrel Capital. Marsham has sold the firm to a group of eight investors under the umbrella Theo Capital Holdings.
Marsham has exited Kestrel Capital after 30 years. "As the firm transitions...
The US federal government shutdown at midnight after Republican and Democratic lawmakers in Congress failed to resolve a budget stand-off.
According to a report on the government shutdown that appeared on Forbes, the US federal government’s fiscal year begins on...
Pay television service provider MultiChoice lost more than 84 percent of its DStv Kenya customers in the year to June 30, 2025. This is after the company that owns DStv and GOtv implemented price hikes that subscribers couldn't keep...
The Teachers Service Commission (TSC) has issued a fresh directive that will now require all secondary schools principals and their deputies to have at least a Master's degree. At the same time, the commission will require headteachers and deputy...
Billionaire industrialist Narendra Raval is seeking to mine iron ore from 7,600 acre Taita Taveta land. The businessman has applied for a license for the venture. This was revealed by the Cabinet Secretary for Mining Ali Hassan Joho through...
State House received Sh3.6 billion in the less than two months to the end of the last financial year. This has been revealed by a report by the Controller of Budget (CoB) Margaret Nyakang'o.
According to the report, the National...
The State Department for Internal Security and National Administration used 86 percent of its annual budget within one month. This has emerged after disclosures that were made by the National Treasury.
According to the disclosures, the department spent Sh3.4 billion...
A bus crash on Friday left 21 people dead. The bus crash occurred at the blackspot Coptic roundabout on the Kisumu-Kakamega road.
This tragedy which occurring at around 5pm was confirmed by Nyanza Region Traffic Commander Peter Maina.
"The driver appears...
