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...
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,...
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...
Samuel Gichuru Biography: A report appearing in a leading Kenyan daily has today revealed how Samuel Gichuru got wealthy and built a Sh. 20 billion empire with money siphoned from bribes and public institutions.
According to the report by Nation...
Mumias Takeover Bids: A controversial billionaire has offered a bid of Sh. 27.6 billion to take over troubled sugar miller Mumias in a lease program. The billionaire who was identified as Julius Mwale gave the highest bid that was...
SRC Allowances: Allowances for all civil servants in Kenya have been capped at 40 per cent of their basic pay. This is according to the Salaries and Remuneration Commission, which has instructed that these changes take effect from July...
Housing Finance has slashed the selling price of the Lazinos Hotel which is located in Nairobi West. The new selling price is now Sh. 240 million, down from quarter a billion shillings. This comes after the mortgage lender failed...
Laico Regency which was formerly and popularly known as the Grand Regency is flat broke. The hotel has no signs of ever making a come back. With zero cash flow, Laico Regency has now started terminating contracts of its...
KU Bank Accounts: The Kenya Revenue Authority has frozen all bank accounts belonging to Kenyatta University over unpaid taxes amounting to Sh. 2 billion. According to a report that appeared in the Sunday Nation, the KRA resulted to blocking...
Fuel Subsidy Scheme: The National Treasury under cabinet secretary Ukur Yatani diverted Sh. 18.1 billion fuel subsidy funds that were meant to cushion motorists from high fuel prices to the Chinese firm running SGR. This has been revealed by...
The Hashgraph Association (THA), the Swiss-based non-profit advancing digital enablement, innovation, and education across the Hedera ecosystem, together with...
