James Oundo

Robin Reecht: Why I’ve shut down my Nairobi Kune Food business

French entrepreneur Robin Reecht has shut down Kune Food, a food business that was based in Nairobi. The shutdown has occurred after Reecht failed to raise Sh. 30 million for his operating capital. After shutting down the business, Reecht has...

We will not reopen Keroche Breweries, KRA declares

The Kenya Revenue Authority has declared that it will not reopen Keroche Breweries again. The taxman argues that Keroche Breweries has blatantly disregarded the agreed payment of tax dues worth Sh. 22.79 billion. This declaration by KRA has perished any...

KRA employees to start wearing body cameras in war against bribes

The Kenya Revenue Authority employees will soon be required to wear body cameras. This is the latest effort by the taxman to curb bribing of its workers by tax cheats. The body cameras will mostly be used by KRA employees...

Magoha: CBC kids to remain in primary schools even after joining Junior Secondary

Education Cabinet Secretary George Magoha has announced that CBC children who will be sitting their national examinations to join junior secondary schools this year will remain in their current primary schools. Magoha also asked parents who have kids in private...

4 million Kenyans make losses as Bitcoin value crashes

Up to 4 million Kenyans are soaking in losses as Bitcoin value crashes. The four million are investors who have poured their money into cryptocurrencies. The majority of these have invested in Bitcoin, whose value has fallen to below USD...

Salary James Mworia earns as Centum CEO

A few years ago, Centum CEO, James Mworia, was ranked as the highest paid chief executive officer in Kenya. His salary rise was in tandem with the growth of Centum Investments which is associated with the late billionaire Chris...

Keroche to fire 400 employees today after shutting down

Troubled Keroche Breweries is set to fire over 400 employees today. This comes barely days after it was shut down by the Kenya Revenue Authority. On Monday, Keroche chief executive officer Tabitha Karanja expressed how much the closure of her...

Gideon Moi buys multi-billion company from Narendra Raval

Baringo Senator and son of Late President Daniel Arap Moi, Gideon Moi, has bought a majority stake in a multi-billion company owned by steel tycoon Narendra Raval. The company known as Sosian Menengai Geothermal Power had won a lucrative deal...

KRA shuts Keroche Breweries down again

Keroche Breweries has been shut down again. This follows yet another failed tax repayment plan with the Kenya Revenue Authority. According to Keroche chief executive officer Tabitha Karanja, the business is unable to honour the tax repayment plan it entered...

Inside Sh. 4 billion ultra-modern DCI Forensic Lab in Nairobi

President Uhuru Kenyatta on June 13 opened the new ultra-modern DCI Forensic Lab in Nairobi. The new DCI Forensic Lab is a Sh. 4 billion complex that is located at the Directorate of Criminal Investigations Headquarters in Nairobi. The Lab...

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NCBA marks World Environment Day with tree planting at Kamwaki Estate

NCBA Bank joined the world in marking World Environment Day with a renewed call for collective action on ecosystem...