The government paid private investors Sh. 18 billion for the Lake Turkana Wind Power which has been sitting idle for a period of one year. This pay out followed delays by the government to connect the project to the...
Naivas Supermarket is embroiled in a multi-million rent row with one of its former landlords at the closed Naivas Ngong branch. The retailer is seeking to be exempted from paying its former landlord in Ngong rent amounting to Sh....
NHIF Membership : Kenyans who haven’t joined the National Hospital Insurance Fund will not be able to access government services. This comes as the State moves to ensure that every adult Kenyan is enlisted with the NHIF. According to...
Africa Star Railway, the Chinese firm that has been running the Standard Gauge Railway line has demanded the full payment of billions owed to it before it can hand over the operations of the SGR to the State in...
The real estate valuation of the multi-billion Britam Towers has fallen by an astonishing Sh. 1.13 billion. The fall in valuation has been attributed to low occupancy at the building.
This has seen the building now get valued at Sh....
Secured Loans Kenya: The Central Bank of Kenya and the Kenya Bankers Association have released the list of banks charging the most for Sh. 1 million secured loan per year and those charging the least.
In this list, the most...
An 11-storey building that houses among others Naivas Supermarket has been put up for auction. The building, Thika Business Centre, is being auctioned by Garam Investments. This is the second time that the building is coming up for auction.
In...
Chandaria Orbit Sale: Chandaria brothers Sachin Chandaria and Dhiren Chandaria will pocket Sh. 1.7 billion from the sale of their Orbit Products Africa Limited (Opal). Orbit, which is a manufacturing and warehousing facility in Mlolongo, will be sold off...
Joshua Oigara Salary: Joshua Oigara is one of the best paid chief executive officers in Kenya today. The latest pay disclosure shows that he earned an incredible Sh. 299.1 million salary per year as the chief executive officer by...
Peter Munga Britam Deal: Former Equity Bank chairman Peter Munga got dividends worth Sh. 135 million for Britam shares he did not own. This has been revealed by a commission of inquiry that has been investigating how he acquired...
