Fashion retailer LC Waikiki has blamed low customer numbers for its continued losses at its outlet which is located at the Likoni Mall in Mombasa. This continued loss-making, says LC Waikiki, has now compelled the store to shut down...
A customer is involved in a protracted court battle with the Guaranty Trust Bank (GT Bank) over the wiring of Sh1.4 billion.
The customer who has been identified at the High Court in Nairobi as Wilfred Andita Mathayo alleges that...
Kenya Airways (KQ) has been ranked as the carrier with the highest number of flights delays and cancellations among top airlines in Africa and the Middle East. This ranking is according to data from aviation analytics firm Cirium.
According to...
South Africa's Standard Bank Group Ltd has reportedly opened talks to acquire Kenya's NCBA Group in what could be the largest acquisition of a Kenyan bank.
According to a report that was published by Bloomberg, the South African lender has...
The Jomo Kenyatta International Airport (JKIA) has once again hit the headlines for all the wrong reasons. The airport has been condemned as a deteriorating and neglected facility. This follows an inspection by the International Air Transport Association (IATA).
The...
It has now become a worrying trend of Kenyan women being arrested at various international airports trafficking drugs. Every few weeks, there is a news item featuring a Kenyan woman who has been arrested drugs ranging from cocaine to...
The SportPesa ownership battle has taken a new twist after it emerged that a fake court order was used to lock out one of the owners Paul Ndung'u from participating in the ownership dispute for the multi-billion sports betting...
The United States has announced that it will provide significant funding for the construction of a brand new Ethiopia airport. The new airport in Ethiopia that has been designed to be the largest airport in Africa.
The airport will be...
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...
