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James Oundo

Rironi-Mau Summit toll road contractor to earn Sh340 billion

The Rironi-Mau Summit toll road contractor will earn an operating profit of USD2.63 billion equivalent to about Sh339.8 billion, projections have shown. These earnings will be corrected over the 30-year period that they will operate the road charging a...

Kenya to pay India’s Adani over Sh5 billion for canceled electricity deal

President William Ruto's administration has opened talks with Indian firm Adani Group over the amount of money that Kenya will pay as compensation for a flopped power deal. These talks have been confirmed by the National Treasury's Public-Private Partnership (PPP)...

NSSF, Chinese contractor to build Sh170bn Rironi-Mau Summit toll highway

Chinese construction firm China Road and Bridge Corporation (CRBC) and the National Social Security Fund (NSSF) have won a multi-billion tender to build the Rironi-Mau Summit toll highway. This was announced by the Kenya National Highways Authority (KeNHA) which said...

Ndegwa and Kenyatta families earn Sh12.4 billion in five days

The Ndegwa and Kenyatta families who are two of the largest shareholders in NCBA Group have seen their paper wealth gain by up to Sh12.4 billion in five days as the NCBA shares gain in a historic bull run. The...

NCBA Group touches Sh100 per share on NSE in historic bullish run

NCBA Group shares on Wednesday October 22, 2025 touched an all time milestone of Sh100 apiece on the Nairobi Securities Exchange. The NCBA shares made the milestone during the day's intra-day trading session in which they swung from a day's...

LC Waikiki blames low customer numbers at Likoni Mall for losses, closure

Fashion retailer LC Waikiki has blamed low customer numbers for its continued losses at its outlet which is located at the Likoni Mall in Mombasa. This continued loss-making, says LC Waikiki, has now compelled the store to shut down...

Customer with Sh550 transaction sues bank over Sh1.4 billion deposit

A customer is involved in a protracted court battle with the Guaranty Trust Bank (GT Bank) over the wiring of Sh1.4 billion. The customer who has been identified at the High Court in Nairobi as Wilfred Andita Mathayo alleges that...

KQ tops Africa, Middle East in flight delays and cancellations

Kenya Airways (KQ) has been ranked as the carrier with the highest number of flights delays and cancellations among top airlines in Africa and the Middle East. This ranking is according to data from aviation analytics firm Cirium. According to...

South Africa’s Standard Bank Group bids to acquire Kenya’s NCBA Group

South Africa's Standard Bank Group Ltd has reportedly opened talks to acquire Kenya's NCBA Group in what could be the largest acquisition of a Kenyan bank. According to a report that was published by Bloomberg, the South African lender has...

Potholes, cracks, huge rubber deposits, open drainages on JKIA runway, airside

The Jomo Kenyatta International Airport (JKIA) has once again hit the headlines for all the wrong reasons. The airport has been condemned as a deteriorating and neglected facility. This follows an inspection by the International Air Transport Association (IATA). The...

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Airmars picks Nairobi for African headquarters, Rolls out next-gen smart devices

Chinese electronics manufacturer Airmars has officially launched its operations in Kenya, marking a major milestone as the company chooses...
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