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...
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 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...
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,...
