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...
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...
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...
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...
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...
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 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 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...
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...
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...
