Nation Media Group (NMG) Sacco has opened a new hotel in Nairobi Central Business District in a new bid to shore up its revenues.
The new hotel is dubbed as Nascos. It is located at the junction of Moi Avenue...
A fresh report by the British Broadcasting Corporation (BBC) one day after the hearing of the presidential petition at the Supreme Court ended has said that Raila Odinga's claim of a stolen election is not true.
The report by the...
Ethiopian Airlines has entrenched its position as Africa's top carrier with a record 90 per cent profit growth. The airline has reported that its profit has grown to Sh. 112.4 billion in the twelve months ended July 2022.
At the...
Driving school theory tests are set to be automated in a new bid to tame wayward examiners from the National Transport and Safety Authority (NTSA).
This migration from analogue to digital theory testing will be sponsored by the NTSA and...
The cost of living in Kenya has hit a five month high. This is after the inflation measure for the month of August came in at 8.5 per cent.
Consumer prices rose 8.5 per cent from a year earlier, compared...
Paul Despite being a reclusive businessman, billionaire entrepreneur Paul Ndung’u was in 2020 and early 2021 thrown into the limelight following the legal contest over the ownership of controversial betting firm SportPesa.
Ndung'u was one of the key shareholders who...
Businessman Manu Chandaria has received back a company that had been repossessed over non-payment of a Sh. 6.6 billion debt.
This debt was taken by Kaluworks Limited, a manufacturing firm that is part of Manu Chandaria’s Comcraft Group.
As at 2019,...
The building that has been housing the Jubilee party was put up for auction on Monday over a Sh. 435 million debt. This debt is owed to the Stanbic Bank.
The Jubilee building has been under lease to President Uhuru...
The Co-op Bank profit for the first six months of the year has risen by 55 per cent to hit Sh. 11.5 billion.
This as an improvement from the Sh. 7.4 billion net profit the bank recorded in the same...
China is set to give 23 countries debt forgiveness. Kenya, which has a significant debt from China is not among these countries.
It has now emerged that China locked Kenya out of this list because Kenya is currently ranked as...
