Monday, December 29, 2025
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James Oundo

Githu Muigai demands Sh. 100mn refund from bank over 14 auctioned mansions

Former attorney general Professor Githu Muigai is seeking a refund of up to Sh. 100.5 million from Housing Finance over houses he bought on auction. Professor Muigai has sued the lender over what he terms as breach of agreement over...

Ruto: Kenya might start buying Russian oil

President William Ruto has said that Kenya is open to the possibility of buying Russian oil. Speaking to the BBC, President Ruto said that his government will be willing to engage other governments that sell oil if there is a...

US is now largest buyer of Kenyan goods

The United States has overtaken Uganda to become the largest buyer of Kenyan goods. In the first half of year 2022, official data shows that exports to the United States increased by 47 per cent to Sh. 38.8 billion. In...

KRA: We want to increase fuel, water, juice, alcohol taxes from October

Kenyans might have to dig deeper into their pockets to foot their bills for fuel, alcohol and soft drinks including a bottle of water. This is as the Kenya Revenue Authority (KRA) moves to effect inflationary adjustments excisable goods...

US waives interviews for renewing visitor, business, student visas in Nairobi

Kenyans applying for Visa renewals at the US Embassy in Nairobi will not be subjected to visa interviews. This has been announced by US Ambassador to Kenya Meg Whitman. Ambassador Whitman said that this waiver will be given to Kenyans...

James Mwangi: I will retire from Equity Bank after 2032

Equity Bank Group chief executive officer Dr. James Mwangi will retire as the leader of the bank at the earliest in 2032. This will coincide with Mwangi attaining the age of 70 years. Dr. Mwangi says that he expects to...

Equity acquires troubled Mwalimu Sacco’s Spire Bank

Kenya's top bank Equity Bank Group is set to acquired troubled lender Spire Bank. This is after Equity and Spire concluded acquisition talks last week. The deal will see Mwalimu Sacco which owns Spire Bank pay Equity Sh. 1.7 billion...

Ndindi Nyoro is now Kenya Power’s largest individual shareholder

Kiharu Member of Parliament Ndindi Nyoro has become the largest individual shareholder at Kenya Power. This is after the MP tripled his stake to over 22 million shares. According to the latest disclosure from the Nairobi Securities Exchange, Ndindi held...

Mega fuel shortage looms as State fails to pay oil marketers billions

Kenyans are staring at yet another mega fuel shortage. This is after the government failed to pay oil marketers billions of cash in compensation under the fuel subsidy program. The failure to pay oil marketers have disabled them from taking...

Tanzania stops issuing Kenyan traders maize export permits

Tanzania has stopped issuing Kenyan traders with maize export permits in a move that might see a higher increase in the price of maize flour. A report that appeared in a local daily newspaper quoted several maize millers saying that...

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