Former Kiambu Governor Ferdinand Waititu has been fined Sh. 53.5 million for receiving bribes from a roads contractor in a Sh. 588 million tender. Waititu was handed the fine during a sentence that was issued by Milimani Anti-Corruption Court.
Failure...
Kenyan motorists will soon have to dig deeper into their pockets to keep their vehicles on the roads. This follows a decision by the Ministry of Transport which is headed by Cabinet Secretary Davis Chirchir to reintroduce controversial vehicle...
The Ministry of Health has revealed that the majority of Kenyans have shunned the healthcare funding program Social Health Insurance Fund (SHIF) which replaced the National Health Insurance Fund (NHIF).
According to the ministry, 16.1 million Kenyans who have registered...
Assets belonging to medical facility Savannah Healthcare Services are now set to be auctioned over a Sh. 1.4 billion KCB loan which the hospital has defaulted. The auctioning has received the greenlight from the High Court after a petition...
A company that is associated with a man who was deported from Kenya by the government of former President Uhuru Kenyatta has bagged a multi-billion deal to construct the Ruto affordable houses.
The company known as MHOA Africa Limited is...
Billions of money that have been collected under the affordable housing tax have been invested in Treasury Bills (T-Bills). According to the Affordable Housing Board acting chief executive officer Sheila Waweru, some Sh. 46 billion collected from this tax...
US President Donald Trump has announced a fresh set of tariffs targeting all steel and aluminium imports. The US president ordered that all steel and aluminium imports be subjected to a 25 per cent import tax.
This is a big...
The Co-operative Bank of Kenya has announced a cut in its base lending rate. The bank has announced that effective immediately, its base lending rate has been slashed from 16.5 per cent to 14.5 per cent.
The bank becomes the...
The Diamond Trust Bank is repossessing 20 Ashok trucks from a contractor who defaulted a Sh. 58 million loan that has ballooned to Sh. 101 million. This is after the High Court made a ruling in favour of the...
Heavy commercial vehicles will be compelled to only use the Nairobi–Mombasa Usahihi Expressway.
This has been established following revelations that the tolls expressway whose construction is expected to kick off in late 2025 shall rely on heavy commercial vehicles for...
