The government has failed in its bid to sell its shares in the collapsed Hilton Hotel and the Intercontinental Hotel - popularly known as the InterCon Hotel. This has been revealed by documents that were tabled n parliament.
According to...
The Kenya Revenue Authority (KRA) is set to collect Sh3.5 billion from troubled sugar miller Mumias Sugar. This is after the taxman got the greenlight from the Tax Appeals Tribunal to collect the amount of unpaid taxes.
"Guided by the...
Quiver Lounge owner Peter Mbugua and Kasarani Member of Parliament and the chief executive officer of betting firm SportPesa Ronald Karauri are engaged in a multi-million conflict involving a contested insurance firm.
The fight involves the ownership of Definite Assurance...
NCBA Group chief executive officer John Gachora has added another feather to his corporate cap after being named as the InstinctBusiness Magazine CEO of the Week in Africa.
Mr. Gachora was named as the CEO of the Week in Africa...
The former chief executive officer of the Kenya Union of Savings and Credit Co-operatives (Kuscco) George Otieno Ototo is demanding up to Sh120 million that he says will enable him to enjoy a peaceful retirement.
The irony in this demand...
The Diamond Trust Bank shares have hit a 52-week high on the Nairobi Securities Exchange (NSE). At the close of trading on Tuesday, the shares gained 2.63 percent to close the day's trading at Sh78 per share.
However, during the...
The Kenya Revenue Authority is in a financial mess, the Auditor General Nancy Gathungu has revealed. According to a report from the Auditor General, KRA which is tasked with revenue collection has liabilities that outweigh its assets by close...
When the Nairobi Securities Exchange (NSE) closed trading on Wednesday January 15, 2024, Kenya Airways was on top of the pack of gaining stocks. The KQ shares closed trading at Sh. 7.60 per share after gaining by 9.83 per...
Make your first million in your 20s: ‘I will be a millionaire in my before 30’, that’s the common phrase from every university graduates or perhaps their dream of living large.
I hate to burst their bubble but truth be...
Best businesses to start in Nyanza: Mr Daniel Okal felt challenged when a group of elders from his village visited him in Nairobi in 2014 and asked him to vie for a political seat in 2017 so that he...
