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James Oundo

Moi family sells multi-billion aviation business to Kuwait firm

The Moi family's Siginon Aviation has sold a majority stake to the National Aviation Services, a firm that is based in Kuwait. The sale will see National Aviation Services acquire a 51 per cent stake in Siginon Aviation, which...

Co-op Bank’s Gideon Muriuki named best bank CEO in Africa

The Co-operative Bank chief executive officer Dr. Gideon Muriuki has been named the best bank CEO in Africa. Dr. Muriuki who is the the Group Managing Director & CEO at Co-op Bank scooped the best bank CEO award during the...

Boda Bodas, TukTuks to take insurance cover for passengers, pedestrians

All boda boda and tuktuk operators will have to take up insurance covers for their passengers and third parties such as pedestrians. This is according to new regulations that have been proposed by the Insurance Regulatory Authority (IRA). The regulations, which...

Telkom takes legal action over disputed 79-acre land on Ngong Road

Telecommunications firm Telkom Kenya has taken legal action over a disputed 79- acre land on Ngong Road. The telecommunications firm has filed a Constitutional Petition to stop Postel Housing Co-operative Society from instituting private prosecution against its directors. In the...

Kenya Airways has most expensive air tickets in Africa, regulators say

KQ Ticket Prices: The national carrier Kenya Airways has the most expensive tickets in Africa. The carrier currently charges more on average than competitors such as Ethiopian Airlines, South African Airways, Uganda Airlines and Air France. This has been found...

How our businesses recovered from the year of corona

The past nineteen months have not been an easy period for businesses. Thousands of businesses were forced to shut down. Others, though, braved the pandemic, and now, the sky can only be the limit. Here are two entrepreneurs that...

Dj Rabar’s Sh. 294 million stake in Homeboyz as stock flops on NSE

Myke Rabar Net Worth: Since listing on the Nairobi Securities Exchange, Homeboyz Entertainment Plc has not had any activities. The stock remains unattractive to buyers, leaving the initial shareholders are the only stake holders. HBE listed 63.2 million shares...

Limit for disclosing source, purpose of cash to be raised above Sh. 1mn

When you go to withdraw above Sh. 1 million at the bank, the law requires that you reveal the purpose of the funds. At the same time, you are required to reveal the source of your cash when making...

Businessman Julius Mwale to give Mumias Sugar farmers Sh. 2.2 billion

Businessman Julius Mwale has proposed to give Mumias Sugar farmers Sh. 2.2 billion. This offer is part of a package by the controversial businessman to lure farmers back into sugarcane farming. The offer comes hot on the heels of a...

Kenya takes Sh. 17.4 billion new loan to redesign Nairobi road junctions

Kenya has signed a Sh. 17.4 billion loan from the government of South Korea to redesign road junctions within Nairobi. The new loan has been taken from the Korean Export and Import Bank. It will be serviced up until...

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ImaraBet Karibu Bonus: The welcome that turns your first bet into a real winning moment

Most betting stories start with noise. This one starts with confidence. Across Kenya, first-time bettors are quietly changing how...
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