The taxpayer might be set to pay Bidco owner Vimal Shah Sh. 113 million in legal bills incurred during tribunal proceedings over the collapsed 10,000 kilometres roads project.
This is after Vimal's Hemby Holdings Limited, and its Singaporean partner ITNL...
Sweets company Kenafric is facing closure after the High Court dismissed a a case opposing its closure due to pollution.
The dismissal has put the jobs of 1,000 employees at risk. The county government had accused the company of failing...
Two rival aviation firms owned by two billionaires are currently engaged in a bitter clash over three planes that are valued at an estimated Sh. 4.1 billion. The dispute is currently threatening to stall the operations of Bluebird Aviation...
One of the biggest hurdles that confront start-ups is lack of capital and operation funds. Most of them run into a financial storm when their clients do not pay up promptly for services rendered.
However, a new firm is bridging...
For two years, Rose Wamucii Nderitu worked as a credit officer at a Nairobi-based micro-finance firm. To many people, her job in the financial sector looked enviable. “I was based in Nairobi, and my job majorly entailed field work.”...
Brookside Dairy has announced plans to increase market share in the local dairy industry by the year 2021.
This came as the dairy firm launched two new yoghurt flavours under its Delamere brands. Brookside acquired rival milk processor Delamere about a...
Eleven local banks are set to get Sh. 23 billion worth of Kenya Airways shares in exchange for bailout.
This is according to a bailout strategy that has been proposed by the National Treasury.
“The 11 banks’ debt will move to...
BY Rachel Kibui
Dr. Tony Kiragu is the founder of the Nature Kuku Farm in Naivasha. “It has been a busy week for us as some farmers are ordering chicks in preparation for Christmas season,” he says.
Kiragu notes they sell about...
BY MONA OMBOGO
Meshack Muhoho
Not everyone gets to earn a seven-digit salary, especially before they’re even 30, but when a man chooses to walk away from that money to pursue his own dream, that can be deemed as either...
Irene Wanjiku is the founder and CEO of Rexe Roofing Products Limited
Saving method: Personally, I prefer to use saccos for saving. They offer greater annual dividends, easy access to loans and easier payment terms. For instance, if you save...
NCBA convened diplomatic trade commissioners and ambassadors from over 20 countries and missions, alongside development partners and investors, for a...
