In June 2022, Centum Investments announced the sale of Sidian Bank to Nigeria's Access Bank. The bank was sold at a loss.
The sale was estimated to be worth Sh. 4.3 billion which is less than the amount that Centum...
KCB Group has seized posh property English Point Marina over a Sh. 5.2 billion unpaid debt. The luxury property is located in Mombasa. The bank has also placed Pearl Beach Hotels, the real estate firm that owns English Point Marina,...
Monica Musungu owns a highly successful tours and travel company. She shares with us important lessons on how to to start a travel agency in Kenya.
How to start a tour company in Kenya
Monica's climb to the top of the...
Six women have been arrested at the Jomo Kenyatta International Airport (JKIA) with Sh. 102 million in foreign currency.
The women, all of Somali descent, were coming from India and were trying to enter the country with the undeclared cash.
The...
The Central Bank of Kenya (CBK) had refuted claims by Deputy President Rigathi Gachagua that there was no forex in Kenya for oil marketers to import fuel over the weekend.
Gachagua, during an interview on Citizen Tv had alleged that...
Rubis Energy Kenya raked in billions of money during the fuel shortage crisis that rocked Kenya in the first quarter of 2022.
According to financial release from the company, the shortage locked out small oil dealers and spiked its sales...
Telecommunications firm Safaricom has announced 40 per cent discounts on Fuliza fees. Safaricom has also introduced a grace-period of three days for people who take Fuliza loans. The Fuliza discounts will come into effect from October 1, 2022.
"We have...
Kenya Power has announced plans to drop diesel and petrol powered cars in favour of electric cars.
The national power provider has said that it has set aside Sh. 40 million in its current financial year for the acquisition of...
President William Ruto is a shareholder at Safaricom and Kenya Airways. This was revealed by the President Ruto early in 2022 when he was still the deputy president.
He was responding to a leakage on the number of properties he...
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...
