Friday, March 13, 2026
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James Oundo

DCI: How Esther Bitutu Kadiki siphoned Sh1.5 billion from Equity Bank

Lawyer Esther Bitutu Kadiki ran an elaborate scheme through which she siphoned Sh1,499,465,831 from Equity Bank, an affidavit sworn by a Directorate of Criminal Investigations (DCI) has alleged. According to the affidavit sworn by Inspector Chrispinus Sore Shibanda who is...

TSC advertises CEO position as Nancy Macharia retires

The Teachers Service Commission (TSC) has formally advertised the position of Chief Executive Officer. This comes as Dr. Nancy Macharia who has been serving in this position prepares to retire from the commission. The advertisement by the TSC is...

Toll fees motorists using Usahihi Expressway will pay per kilometre

The amount of money in toll fees that motorists using the Usahihi Expressway shall pay has been announced. These toll charges were announced by Usahihi Chairman Kyle McCarter who is also the former US ambassador to Kenya. According to McCarter,...

Real estate firm Home Afrika posts first net profit since 2014

Home Afrika has posted the first full year net profit since 2014. The real estate company realized a net profit of Sh133 million for the full year ended December 2024. This was an improvement from the Sh27.8 million loss...

Food, power, transport prices push Kenya’s inflation to 4.1pc

Kenya's inflation has risen to 4.1 percent. This is the highest rate in eight months and it comes in as the fastest rise in inflation over the last two and a half years. According to data that was released...

US economy shrinks for the first time in three years

The economy of the United States has recoiled. This is according to fresh data from the Labour Department's Bureau of Economic Analysis, which shows that the US economy shrank for the first time in three years in the first...

Munga buys Sh166m Equity shares amidst fight with auctioneers

Businessman Peter Munga has acquired an additional 3.64 million Equity shares. The businessman acquired the shares in the first three months of the year to March 2025. The shares valued at Sh166.2 million pushed his shareholding in Equity Group...

Kenya to overtake Ethiopia as East Africa’s largest economy – IMF

Kenya is set to overtake Ethiopia as East Africa's largest economy, the International Monetary Fund (IMF) has said in new projections for the year 2025. According to the IMF projections, Kenya's GDP is forecasted to increase to $132 billion in...

Peter Munga to lose Sh510 million in auction over ABC Bank loan

Businessman Peter Munga has lost his bid to block auctioneers from selling off his multimillion shares over a Sh433.76 million ABC Bank loan. This is after the High Court dismissed the businessman and lashed at him for filing multiple...

US Embassy in Nairobi announces changes for visa applicants

The US Embassy in Nairobi has announced fresh changes in its visa application process. The new changes impact on passport collection for applicants whose visas have been approved. In the new announcement, the US Embassy in Nairobi has moved passport...

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Kinyanjui Kombani Pens a Love Letter to Legacy in New Book, Dear Mama

Kenyan writer and banker Kinyanjui Kombani has published a deeply personal new book, Dear Mama—a work that reads less...
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