James Oundo

Kenya invites multi-billion shilling bids for JKIA design and building

The government of Kenya through the State Department for Aviation and Aerospace Development has invited bids for the design and building of the Jomo Kenyatta International Airport (JKIA). The JKIA design and building contract bidding invitation is targeting established mainstream...

Kenya’s Eurobonds debt has now hit a staggering Sh1.368 trillion

Kenya’s Eurobonds has hit a staggering Sh1.368 trillion (equivalent to $10.61 billion). This follows the sale of the $2.25 billion dual-tranche Eurobond that was conducted in the month of February 2026. This sale is equivalent to Sh290.2 billion. It...

Ruto gives Uganda power to hire, fire Kenya Pipeline CEO in deal

President William Ruto's government has granted Uganda powers to determine the hiring and firing of the Kenya Pipeline Company (KPC) chief executive officer. This has been done in a bid to get Uganda to invest in KPC Initial Public...

Ruto offers Kenya Airways to foreign investors for Sh155 billion

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...

How your payslip will look like after Mbadi’s PAYE tax cuts for low earners

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...

How Sh11 billion was stolen from SHA in six months

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,...

Tower Sacco pays 20pc dividend on share capital, 13pc interest on deposits

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...

Peter Muthoka: Why I sold my JKIA business to Germans at Sh5.2 billion

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...

Gachora: Why NCBA agreed to Nedbank’s Sh110 billion takeover offer

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 makes Sh5.2bn after selling JKIA cargo business

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...

About Me

1123 POSTS
0 COMMENTS

Latest News

Kenya Airways vs Kenya Airports Authority: Understanding two pillars of Kenyan aviation.

The recent experience of a seasoned traveller from South Africa underscores a persistent confusion between Kenya Airways (KQ) and...