The National Treasury has announced that it is planning to sell up to 65 percent of Kenya Pipeline Company (KPC) in an Initial Public Offering (IPO). This has been revealed by Treasury cabinet secretary John Mbadi.
CS Mbadi informed the...
The average amount of money a Kenyan uses to bribe government officials in order to obtain a business licence has risen to more than Sh7,500. This is according to the results of a survey by the organization Transparency International...
A tax dispute has exposed how the Kenyatta family made over Sh1 billion during the construction of the Nairobi Expressway.
According to a report on the dispute that was published on Tuesday by the Nation Media Group's Daily Nation, the...
What are the requirements needed to get the famous Toyota Hiace 9l zero mileage on lipa pole pole for matatu business? This is a common question that many Kenyans contemplating about venturing into the matatu business often ask.
Currently, there...
Over the past two months, the national government has not used the fuel subsidy funds to cushion Kenyans from high fuel prices. It has now been revealed that this is because the government has depleted the funds.
According to Energy...
Nearly 60 Saccos are staring down at the auctioneers hammer over unpaid debts amounting to Sh1.36 billion. According to a report that appeared in a local business newspaper, 58 Saccos took Sh1.36 billion loans from the financially troubled Kenya...
Imagine this: you borrow a loan from a friend and agree on a repayment plan and interest. After paying close to half of the loan, you face difficulties in the repayment and go into default. The loan starts attracting...
Teachers in Kenya are set for improved salaries following a new multi-billion deal. The deal on the new salaries teachers will earn has been agreed on and signed by the Teachers Service Commission, the Kenya National Union of Teachers...
The Environment and Land Court in Nairobi has given food processing firm Del Monte the green light to evict businessman Peter Munga from a 75-acre parcel of land. The eviction will now see Munga leave the land together with...
Prominent businessman Peter Munga has partnered with the US capital firm that is behind the Sh468 billion Nairobi-Mombasa Expressway project. The latest move by the billionaire businessman has been seen as a strategic positioning for the multi-billion project that...
