James Oundo

Co-op Bank overtakes KCB to become second most valuable bank

The Co-operative Bank has overtaken KCB Group to become the second most valuable bank in Kenya at the Nairobi Securities Exchange (NSE). This follows Co-op Bank's stable share price that is current holding at Sh. 11.85, in contrast to the...

Stanchart closes accounts of small businesses with less than Sh. 10 million

The Standard Chartered Bank has started closing bank accounts of small businesses that have less than Sh. 10 million monthly cash inflow. The bank has been shutting the accounts down regardless of how low a customer had been banking with...

Is there money in real estate? See if you’ll make profit by investing in real estate

Real estate investment in Kenya has proven to be a lucrative venture for many investors. The country's growing economy and increasing urbanization have created numerous opportunities for those looking to make money through property investment. If you're considering real estate...

Standard Media to sack more employees months after firing dozens

The Standard Media Group is set to fire more employees barely months after it sent a huge group of its workers packing. The media house has issued a one month notice of the intention to declare redundancy with effect from...

NHIF to be scrapped, replaced with three different funds

President William Ruto's government has made the first move towards scrapping the National Hospital Insurance Fund (NHIF) and replacing it with three different funds. This was agreed upon by the cabinet in a meeting that was held on Tuesday, August...

Inside Rai family’s bitter fight over multi-billion wealth

The billionaire Rai family has once again hit the headlines in controversial fashion. This follows the alleged daylight abduction of Jaswant Rai who is the Kabras Sugar Comoany chairman on August 25, 2023. Jaswant was later released two days...

Mercedes-Benz Actros 3340: Review of Kenya’s most revered prime mover

The Mercedes-Benz Actros 3340 prime mover is designed to withstand the harsh and tough conditions of our Kenyan environment. Additionally, the truck now offers Mobility solutions for Mercedes-Benz Trucks with a full-service contract. According to DT Dobie, which has since...

KCB Group half year net profit falls by Sh. 4 billion

KCB Group half year net profit has fallen by Sh. 4 billion. This decline represented a 20 per cent drop from Sh. 19.5 billion net profit that was recorded in the six month period of 2022 to Sh. 15.5...

Career profile of new KRA Commissioner General Humphrey Mulongo

The Cabinet Secretary for National Treasury Professor Njuguna Ndung'u has appointed Humphrey Wattanga Mongo as the new Commissioner General for the Kenya Revenue Authority (KRA). Mulongo will assume the KRA Commissioner General position that was previously occupied by James Gethii...

Are Toyota Prados accident-vehicles prone to rolling over?

Kenyan drivers have a habit of blaming vehicles and no one else whenever accidents occur. Toyota Prados and Toyota Hiace (Box) are two of the most commonly blamed vehicles by local drivers. The claim is that Toyota Prados are an...

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Top bank rankings highlight sector resilience at 2026 Think Business Awards

Equity Bank has been named the Overall Best Bank in pKenya at the 2026 Think Business Banking Awards, reaffirming its...