Kenya Revenue Authority has told Richard Bell, the billionaire owner of Zuku, to take responsibility for his various companies in a Sh3.4 billion tax fraud case.
An affidavit filed in court last week claims the Briton owns a majority stake...
KQ has appointed a former KLM and Qatar Airways executive as its commercial director, filling a critical managerial position that has remained vacant for a year.
Vincent Coste, who was hired on November 1, has worked in various senior roles...
Africa Spirits Limited has launched a new brandy to add to its growing stable. The product known as Legend Black is a blend of European brandies aged 5 years in Oak barrels and assembled by a master blender in...
Central Bank of Kenya Governor Patrick Njoroge yesterday said that Family Bank should be prosecuted over the theft of Sh. 1.6 billion NYS money.
In a letter to Directorate of Criminal Investigations boss Ndegwa Muhoro and Director of Public Prosecutions...
The world’s top premier leagues take a break this week. In its place, numerous world teams will be fighting for a chance to participate in the 2018 Fifa World Cup which is scheduled to be held in Russia in...
Lamin Manjang is the CEO of Standard Chartered Bank Kenya. He joined the bank in early 2014, and led it to a profit before tax of Sh. 14.3 billion that year. He recently led the bank to a half-year...
In 1999, some 300 farmers in Mutaga village, Nyeri County, were in a booming venture, purple passion fruit farming. Each home had an orchard and they were making a fortune as they sold the fruits to locals and various...
Businessman John Harun Mwau has sold his 7.7 per cent minority stake in Nakumatt Supermarkets ahead of the retail chain’s plan to take on board a new shareholder.
The businessman exited Nakumatt as the retailer admitted to facing a financial...
The long December holidays are here with us. And with schools closing for a two-month period, many parents have been left wondering what options are on offer to keep their kids engaged and entertained as we head towards Christmas.
Well,...
Pressure is piling on banks to make drastic strategic shifts as the capped interest rates era threatens to erode their profitability.
The lenders are changing tack amid dwindling fortunes since Parliament passed the Banking (Amendment) Bill, 2015 in August that...
