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...
US President Donald Trump has signed an executive order freezing financial aid to South Africa over a new controversial land law and the country's case against Israel.
Trump, in the order, claimed that the new law that was signed by...
Detectives are scrambling to solve the gruesome murder of a patient who was slaughtered inside the Kenyatta National Hospital.
The patient who has been identified as Gilbert Kinyua was found dead in his KNH hospital bed inside Ward 7B at...
Trucks and buses body builder LSHS has been placed under administration over a Sh. 1.1 billion loan it owes the KCB Group. Bus and trucks body building firm whose full label is Labh Singh Harnam Singh Limited (LSHS) was...
The Kenya Revenue Authority (KRA) is now planning to start blocking the bank accounts and pin numbers of workers in the informal jua kali sector over the government's controversial housing tax.
The KRA claims that jua kali workers have not...
Safaricom Ethiopia has marked a fresh milestone with over ten million customers. In the twelve months to December 2024, Safaricom Ethiopia's M-Pesa customers increased from 3.1 million to 10.8 million.
The telecommunications firm says that this growth in its customer...
My name is Lisa. I am a 40-year-old mother of three boys, all of whom I had with my estranged lover. One of the boys, the second born, is mentally challenged and needs special care.
The first born is in...
The Central Bank of Kenya (CBK) has announced that it will start penalizing commercial banks keeping cost of loans high despite the CBK cutting down its lending benchmark rate.
This has been revealed by the CBK Governor Kamau Thugge who...
