Uchumi Supermarkets owes Eveready East Africa Sh. 11 million. This is according to Eveready's managing director Mr Jackson Mutua.
The debt, according to Mr Mutua, was part of the Sh77 million the company recorded as a loss in 2015. The supermarket...
In less than a year three banks have been put under receivership in Kenya, with the latest being Chase Bank. This has resulted in panic among depositors, with many Kenyans wondering whether their money is safe at all in...
The following analysis is by George Bodo, an investment expert.
Part of the deal between CBK and KCB in taking over operations of Chase Bank with a possibility of future acquisition involves Kenya Deposit Insurance Corporation (KDIC) as “the receiver”...
2011 Honda CR-V
The name CR-V stands for Comfortable Runabout Vehicle, which describes this car perfectly. It's a compact 5-seater SUV that combines fuel economy and utility in a well-rounded package. The 2007-2011 Honda CR-V is only available with a...
Fresha Dairy and Keblest millers have joined a petition seeking to wind up Uchumi Suermarkets due to Sh. 250 million claims.
The Kenblest Group plans to enter the suit through two of its firms —bread maker Kenblest Limited and its...
The Kenya Bankers Association (KBA) is working on a self–regulatory framework and standards that will see it take a legal stand on any member involved in unethical practices.
The standards, which will be adopted in June during the KBA Annual...
Mitsubishi Motors Corp admitted to manipulating test data to overstate the fuel economy of 625,000 cars sold in Japan. The automaker said it stopped making and selling its eK mini-wagons for the domestic market after Nissan Motor
which markets a...
Many of us seem to think that success is like living out Jack and the Beanstalk.
One night you throw a couple magic beans in the ground and the next day you’re holding a goose that can’t help but poop...
Central Bank of Kenya (CBK) officials will neither meet CORD leader Raila Odinga nor provide further information on the controversial Eurobond transactions.
Raila’s request to have a face-to-face meeting with CBK Governor Patrick Njoroge over the Eurobond proceeds was denied...
KCB Group is a company I respect. Actually love. Their business model is good. They treat their shareholders well by paying them at least 35% of their Earning per Share.
But the strength of this institution and Geographical presence was...
Kenya’s growing employment opportunities and rising household incomes are driving demand for high-quality and energy-efficient home appliances, creating a...
