KQ Salaries: Kenya Airways is still unable to pay its pilots full salaries. This is according to KQ chief executive officer Allan Kivaluka. According to Kivaluka, the national carrier is currently only able to pay employees who earn Sh....
The chief executive officer at Fly540 is set to lose multi-million properties located in Malindi to auctioneers. Donald Smith Earle who is the airline's top executive will be auctioned over a Sh. 678.7 million debt. The auctioning will be...
Postal Corporation of Kenya (PCK) has announced that it will evict Huduma centres over rent arrears amounting to Sh. 1.7 billion. The corporation that has been grasping on straws to survive accused the Ministry of Public Service of deliberately...
Bamburi Cement is set to disconnect electricity from Kenya Power as it switches to solar power. Bamburi has signed a power purchase agreement (PPA) with an independent power producer, Momnai Energy Limited, that will it set up two solar...
Kenya has announced that diesel and petrol buses will not be used on the multi-billion Nairobi BRT system. This comes less than five months to the launch of the lucrative bus rapid transport (BRT) on Thika and Mombasa roads...
Former NSSF Investment Manager Francis Muturi was in late January found guilty of fraud involving the purchasing of shares by the NSSF. Anti-corruption magistrate Lawrence Mugambi found that Muturi and three others had schemed to defraud the NSSF over...
Safaricom (NSE: SCOM) has partnered with NSSF to enable customers to conveniently access services through the NSSF Mini App on the M-PESA Super App. Customers can register for NSSF membership, keep track of their contributions, top-up and manage their...
In September 2020, Retirement Benefits (Mortgage Loans) (Amendment) Regulations 2020 was gazetted. This new law paved the way for members of retirement benefits schemes would soon start purchasing residential houses using part of their pension savings. To know more...
Best Investments Kenya: One of the widely quoted investment advice came from Warren Buffett, the world renowned billionaire investor from US. He said that to make money, an investor should invest when everyone is afraid to buy and sell...
Former Lancet chief executive officer and co-founder Ahmed Kalebi has demanded for a Sh. 3.6 billion compensation from the laboratory services business. This follows a fallout with his French and South African partners that saw him exit the business...
