It is the season of corruption in Kenya. And amidst the multi-billion corruption scandals that have rocked the government, it has now been revealed that Kenyans may have lost Sh. 2 billion to timber mafia and corrupt individuals at...
Chris Hale is the founder and Global CEO of Kountable, a technology trade platform based out of San Francisco, US, which facilitates international trade for SMEs.
Greatest milestone: Closing a $150,000,000 line of credit with a US based alternative credit...
Co-operative bank shareholders are set to get a dividend payout of Sh. 0.80 per share. This follows the approving of the dividend pay during the bank’s Annual General Meeting which was held on Friday in Nairobi.
The dividend pay comes...
Two sisters and a brother were paid over half billion by the National Cereals and Produce Board (NCPB). This has been revealed by the Standard Media Group, which says it has documents showing the payments.
According to The Standard, the...
President Uhuru Kenyatta has appointed former head of Public Service Francis Muthaura as the new chair of the Kenya Revenue Authority (KRA).
In a gazette notice dated May 25, President Kenyatta further revoked the appointment of Edward Sambili as KRA...
BY REUTERS
Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cell phones without a bank account.
Now, a proliferation of...
Three Chinese firms have been awarded contracts worth Sh. 4.1 billion to repair roads in Nairobi that have been damaged by the on-going heavy rains.
According to Transport and Infrastructure secretary James Macharia, the government has struck a deal with...
BY JOHN KAMAU / NMG
On Saturday May 10, 2014, Chinese premier Li Keqiang was driven to Nairobi’s State House to formally sign the agreement on the multibillion-shilling standard gauge railway project — one of Jubilee government’s flagship projects.
Tied to...
Mortgage financier Housing Finance (HF) is set to embark on a hunt for a new Group Managing Director (GMD) after its current boss Frank Ireri opted not to renew his contract paving way for the recruitment of a new...
Best small businesses in Kenya: Majority of the micro, small and medium sized enterprises (MSMEs), are operated by individuals whose highest level of education is secondary school, fresh data on this important sector of the economy shows.
The recently released Economics Survey...
