Kenya's top Saccos paid out a record Sh46.99 billion in dividends for the 2024 financial year. These dividends were paid out despite many of these Saccos taking a hit following theft of billions of funds invested at the insolvent...
The government has announced that students in senior schools will not be compelled to study mathematics and other science subjects. This announcement has been made by Basic Education Principal Secretary Belio Kipsang.
"In Grade 10, it is not compulsory to...
The private firm that is running eCitizen has proposed premium charges for Kenyans who want to access expedited government services. The eCitizen private firm, Webmasters Kenya, says that it has already engaged the government on its proposal.
"We have advised...
Sh10 million! This is the mind-boggling amount that Maureen Kamau was conned in a strange Canada job scam in Nairobi. Her ordeal started in 2023, about six months after she returned to Kenya from Thailand where she had escaped...
Stanbic Holdings touched a one year high on Wednesday at the Nairobi Securities Exchange (NSE). The Stanbic shares on NSE hit one year high of Sh170 per apiece, with the day's closing average gaining by 6.50 percent to settle...
When a Kenyan moves to the United States or any other first world country, there is the illusion from their family that money in these countries grows on trees - especially if they are their family's pioneer immigrant.
According to...
Troubled Metropolitan Sacco has been declared insolvent. This was announced by the Commissioner for Co-operatives David Obonyo who said that the Sacco would require Sh7 billion to resume normal operations.
"Metropolitan Sacco is technically insolvent and that is a fact....
247 Saccos have been directed to cut their dividends over expected losses emanating from the multi-billion fraud that hit the Kenya Union of Savings & Credit Co-operatives (Kuscco). In addition to cutting dividends, the Saccos have also been directed...
Kenyan cereals company Proctor & Allan has fallen over a multi-billion shilling loan it owes KCB Bank Kenya. The troubled company has been placed under receivership by the High Court after it failed to service the KCB loan that...
Ukraine has agreed to enter into a major minerals deal with the United States. This comes after sustained pressure from US President Donald Trump who has signaled his intention to negotiate with Russia to bring the war in Ukraine...
