Saturday, December 27, 2025
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James Oundo

How Manu Chandaria lost top company to NCBA over Sh. 4.3 billion debt

Even the rich cry, it is said. This appeared to have been the case in mid 2021 when famed businessman and billionaire Manu Chandaria lost one of his top companies to the NCBA Bank. The company which was owned...

Places where Kenya’s wealthiest are now buying or building homes

A new report has revealed places where the wealthiest in Kenya are now buying or building homes. According to the report by property firm Knight Frank, Kenya's wealthiest are going for Tigoni in Limuru, Kiambu and Miotoni in Karen,...

CBK to force Lipa na M-Pesa to accept payments from Airtel, rivals

Mobile Money Interoperability: Central Bank of Kenya is set to force Safaricom's Lipa na M-Pesa to start accepting payments from Airtel and other money transfer rivals. This will be done through a national payment system which the CBK is...

You will soon be asked to have Huduma Namba to send money

Kenyans will soon be asked to have a Huduma Namba in order to send cash or do any other digital money transactions. According to a report that appeared in the Daily Nation on Thursday, the Central Bank of Kenya...

University honours Co-op Bank CEO for his role in Kenya’s banking growth

The Co-operative University of Kenya (CUK) has nominated Co-operative Bank chief executive officer Dr Gideon Muriuki for the conferment of the Doctor of Humane Letters. Dr Muriuki will be honoured for his distinguished career in the banking industry, and especially...

Qatar bans 12 Kenyan job recruitment agencies. See list

Qatar has banned 12 Kenyan job recruitment agencies. This follows following pressure from job seekers and trade unions to ensure that workers from Kenya who go to Qatar are treated better. The list of agencies that have been banned include...

Kenyans earning above Sh. 100,000 to pay NHIF Sh. 1,700 to Sh. 8,500

New NHIF Rates: Kenyans who earn above Sh. 100,000 will soon start to pay between Sh. 1,700 and Sh. 8,500 every end of the month to the National Hospital Insurance Fund (NHIF). This is according to fresh regulations by...

State House lifts five-year hiring ban in parastatals

The government has lifted a five-year hiring ban in parastatals. This is according to a memo from State House that was issued by the head of public service Joseph Kinyua. The memo has now given parastatals the green light...

Co-op Bank, IFC partner to fund healthcare businesses in Kenya

The Co-operative Bank has partnered with the International Finance Corporation (IFC) to offer loans to healthcare businesses in Kenya at more favourable terms. The businesses that will benefit from the funding program include clinics, hospitals and laboratories with a maximum...

State demands Sh. 7.7 billion from StanChart Bank, Heritage Insurance

The government has demanded for a mega payment of Sh. 7.7 billion from Standard Chartered Bank and Heritage Insurance. The money is being demanded as insurance guarantees paid for the controversial Arror and Kimwarer dams. The State Department for Northern...

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