President William Ruto and his government have decided to offload national carrier Kenya Airways to foreign investors.
This has been revealed by the Cabinet Secretary for the National Treasury John Mbadi. According to CS Mbadi, the government will hand over...
The Cabinet Secretary for National Treasury John Mbadi is plotting a series of tax cuts that will provide relief for Kenyans earning Sh50,000 and below. According to the proposals being fronted, the Mbadi tax cuts will give this category...
In the six-month period between October 2024 and April 2025, Sh11 billion was stolen from the Social Health Authority (SHA). This has been exposed by an audit that was conducted by the Ministry of Health. According to the audit,...
The Tower Sacco which is headquartered in Ol Kalou, Nyandarua County has paid out a total of Sh2.88 billion to its members. This payout has included a return payout to Sacco members for the year 2025 at the rate...
Businessman Peter Muthoka made a cool Sh5.2 billion from the sale of his business to a German firm. In this multi-billion deal, Mr. Muthoka sold his cargo business TransGlobal Centre Limited to Çelebi GMBH. TransGlobal is based at the...
NCBA Group chief executive officer John Gachora has spoken up on how the banking group came to accept a takeover offer from South Africa’s Nedbank Group.
According to Mr. Gachora, the Nedbank takeover offer was the preferred option as it...
Businessman Peter Muthoka has sold his cargo business Transglobal Cargo Centre Limited for Sh5.2 billion. Muthoka has sold his business which is based at the Jomo Kenyatta International Airport (JKIA) to German firm Celebi Cargo GMBH.
This sale has already...
The Kenya Pipeline Company’s Initial Public Offer (IPO) will reward transaction advisers and other agencies involved with Sh3 billion earnings.
These funds shall reflect the 2.8 percent amount of fees that shall be given to transaction advisers, investment banks and...
An audit by the office of the Auditor General has exposed how Kenya Power employees used forged payslips to take loans. The audit report found out that 384 employees had faked their paystubs for the purpose of acquiring loans...
American company Everstrong Capital’s bid to build the Nairobi-Mombasa Expressway has received a new lifeline. This is after the Public-Private Partnership (PPP) Directorate opted to have the project undergo a fresh project development and feasibility exercise instead of terminating...
