BY BUSINESS DAILY
Former Lugari MP Cyrus Jirongo has been declared bankrupt after the court found him unable to service his debts.
High Court judge Olga Sewe found that Mr Jirongo was unable to pay Sh700 million he owed eight companies.
This...
In 2011, Co-op Bank launched agency banking dubbed Co-op Kwa Jirani to enable Kenyans access banking services at their neighbourhoods.
"Our agency banking is designed to give majority of Kenyans who reside in remote and unbanked areas access to banking...
Real estate firm Cytonn Investments was last week engaged in a back and forth game of accusations and denials with popular blogger Robert Alai over its Alma project at Karen.
It all started when the blogger published a post claiming...
Last week, Tanzania' president John Magufuli revealed that he earns Sh. 400,000 per month.
In Africa, Mr Magufuli’s pay is less than a tenth of that of his Cameroonian counterpart and just about a quarter that of Kenya’s President Uhuru...
Any car including a 1000cc Toyota Passo or Suzuki Alto can dent your saving plan if driven in a not-so-friendly way
Amusingly, a 2500cc non-turbo Subaru legacy can consume a relatively low amount of fuel if driven well. It all...
Centum Investment is one of the few firms that offer its employees millions in bonuses.
The firm's CEO James Mworia recently explained to the Kenyan business newspaper, Business Daily, on why and how its employees take home millions in bonues. Below...
Fire has razed down Gikomba market in Nairobi. The Friday morning inferno destroyed property worth millions but efforts are ongoing to contain the situation.
In 2015, an estimated 10,000 traders in the popular market lost goods worth millions of shillings...
BY REUTERS
The Nairobi car auctioneer hopefully scanned empty rows of rickety plastic chairs in a dusty lot for more bids but saw only too many vehicles and not enough buyers, an increasing problem as Kenya’s economy slows and repossessions...
Safaricom has sacked 52 employees suspected of involvement in fraudulent activities in the year ended March.
The number is 16 more than the 36 it sent home the previous year.
“While the number of investigations carried out during the year was...
BY THE EAST AFRICAN
Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation in the list of the world’s fastest economies in the past 10...
