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...
Facebook has come down with a strange bug that is spamming celebrity pages and filling new feeds across board.
The new bug has seen News Feed get flooded with posts sent to pages of artists like Lady Gaga, Justin Timberlake,...
Kenya Airways has announced Sh. 9.9 billion loss in the first six months of its current financial year.
This loss was a reduction from the Sh. 11.5 billion loss it posted in the same period the previous year.
The national carrier...
The United Kingdom has expressed anger over Kenya's decision to ban importation of second hand vehicles.
This ban was set to go into effect on July 1, 2022. However, it is yet to come into effect after the High Court...
Telecommunications firm Safaricom has shit down its shop located at the Two Rivers Mall.
Im a statement, Safaricom said that the shop would close down from August 31. Customers who have been relying on the shop have been advised to...
Equity Bank Group has posted half year profit of Sh. 24 billion. This is after the group realized a growth in net profit of 35.4 per cent to Sh. 23.7 billion from Sh. 17.5 billion in the first six...
The government has been ordered to pay local businessman Mike Macharia Sh. 1.6 billion for a cancelled tender with the Ministry of Health.
This order has been issued by retired judge Aaron Ringera who now serves as an arbitrator. According...
Over half of all banks in Kenya have raised their interest on loans. Most banks are now averaging 15 to 16 per cent.
The lenders are charging up to 16.4 percent for business loans and 16.8 percent for overdrafts.
Equity Bank...
