A man who guaranteed a loan for his friend has sued a micro lender after losing his property through a recovery auction. The aggrieved man, Kennedy Kimutai Salat, says that he had a friend known as Robert Kanuli who...
Billionaire investor Kibunga Kimani's stake in Centum Investments Company has crossed the Sh1 billion mark in value. This is after the billionaire investor topped up the amount of Centum shares he owns.
According to regulatory filings, Kibunga Kimani's Centum stake...
Kenya Airways is now postponing the launch of its Nairobi-Beijing direct flights to 2026. This follows its Boeing 787 Dreamliners which remain grounded, rendering the airline short on planes that cater for the long haul route on a regular...
The United States of America President Donald Trump has signed a new executive order that has imposed a $100,000 annual fee on the H-1B visa for skilled workers. This new order shall take effect starting on September 21,...
Ethiopia has entered into history books after opening Africa's largest hydroelectric dam. The dam which was constructed at a cost of USD5 billion is known as the Grand Ethiopian Renaissance Dam (Gerd).
The wall of the dam stretches 1.78 kilometres...
The debt problem in Kenya appears to be ballooning at an alarming rate. Over the past three years, Kenya's public debt has been on a steady rise. Last week, the public debt crossed the Sh12.1 trillion mark with domestic...
The Kenya Revenue Authority (KRA) collected Sh73.2 billion in housing tax in the financial year 2024/25. This amount surpassed the Sh63.2 billion target that had been set by the National Treasury.
Despite the taxman surpassing the housing tax collections target,...
From today, September 2, 2025, a majority of U.S visas will require a mandatory face to face visa interview with a consular officer.
This is after the U.S State Department reviewed its waiver for carious categories. In the latest review,...
The Kenya Revenue Authority (KRA) has eased the way salaried workers in the country file their returns. In the new filing method, the taxman has done away with manual tax filing which involved inputting all salary, tax and deductions...
Kenya Airways was the biggest loser at the Nairobi Securities Exchange (NSE) on Wednesday after losing 19.18 percent of its market value. The KQ shares drop came a day after the national carrier announced that it had slumped back...
