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James Oundo

Moi family InterCon Hotel’s movable assets to be auctioned

InterCon Hotel Auction: The InterContinental Hotel which is associated with a firm linked with the family of former late president Daniel Moi has auctioned off its movable assets in a fire sale. This comes as the conversion of the...

Kenyan banks on property auctioning spree, recover Sh 25 billion loans

Bank Property Auction: Banks in Kenya have stepped up property auctions in a bid to recover money from defaulted loans. The latest data from the Central Bank of Kenya shows that the amount of defaulted loans has decreased as...

Safaricom to make Sh. 53.5 billion from installing smart electricity meters

Kenya Power Smart Meters: Leading telecommunications firm Safaricom is set to make Sh. 53.5 billion for installing smart electricity meters. The new smart meters will be installed for Kenya Power to large power consumers. The meters are aimed at...

Private firm to operate Nairobi BRT system for 12 years

Nairobi BRT system: Only electric buses will be allowed to use the Nairobi Bus Rapid Transit (BRT) system. This has been revealed by the permanent secretary in the State Department of Housing and Urban Development, Charles Hinga. “We are making...

All fuel prices drop. This is what you’ll now pay

October Fuel Prices Review: Fuel prices in Kenya have dropped. According to the latest prices that were announced by the Energy and Regulatory Authority, Kenyans who use kerosene will benefit the most. This is because the price of kerosene...

Kenya unable to issue passports after printer broke down

Passports in Kenya are no longer being produced after the government suffered a printer breakdown. Kenyans who submitted their biometrics to the Ministry of Interior's Directorate of Immigration Services have been waiting for months to access their passports. The...

KCB, NCBA to block your money if you default on your Fuliza loan

There is going to be nowhere to run for defaulters of the popular Fuliza loans. This follows an update on terms of the loan that will see KCB and NCBA have the ability to hold funds saved in M-Shwari...

Secret offshore company to buy Sh. 1 billion Fairview Hotel

Fairview Hotel Sale: In September 2021, the sale of Fairview Hotel and City Lodge Two Rivers at Sh. 1 billion to private equity fund Actis was announced. One month later, it has now emerged that Fairview will not be...

When traders at Two Rivers earned Sh. 1 billion in seven days

Two Rivers Businesses: Traders located at the Two Rivers Mall struck sales worth Sh.  billion in seven days in July 2021. These sales were made during the Somali cultural festival which was held between July 19 and July 25,...

How Tabitha Karanja built multi billion Keroche empire from Sh. 100,000

Tabitha Karanja Net Worth: Most successful entrepreneurs had to face numerous setbacks in starting their business. Billionaire Tabitha Karanja is not an exception. Currently she owns and manages a multi-billion company, Keroche Breweries. She has been at the heat...

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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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