Within two months, rich Kenyans saved Sh. 34 billion in fixed deposit accounts in the country. This has been revealed by the latest data from the Central Bank of Kenya. The data shows that Kenyans saved Sh. 33.8 billion...
Raila and Uhuru: Former Prime Minister Raila Odinga has called on President Uhuru Kenyatta to go for more loans in order to fund the economy. Raila made the comments when he spoke in Mombasa on July 21.
He said that...
Telecommunications firm Telkom has partnered with leading media house Nation Media Group to offer digital newspaper subscriptions.
Following this partnership, customers will now be able to access and buy Nation Media Group publications using their Telkom line and smartphones.
Each e-paper...
The government of Kenya doesn't know who the KICC landlord is. This has been revealed by the Auditor General Nancy Gathungu. According to Gathungu, the land where the Sh. 2.2 billion iconic Kenyatta International Convention Centre building stands is...
Kenya Public Debt 2020: There is no quenching the Jubilee government's thirst for loans. In the financial year ended June 30 2021, President Uhuru Kenyatta's government borrowed an astonishing Sh. 1.021 trillion.
Financial analysis from the Central Bank of Kenya...
NextGen Mall Auction: A section of the popular NextGen mall is set to be auctioned. The section that is set for auctioning by Garam Investments is located on the first floor of the building. It will be sold in...
Two Kenyan tycoons Joe Wanjui and James Muguiyi have pocketed Sh. 3.2 billion from the sale of their stake in UAP Holdings. The duo sold their stake of six per cent to South African firm Old Mutual Holdings for...
Telecommunications firm Safaricom has completed its entry into the Ethiopian market and will now operate as Safaricom Ethiopia. This is after the Ethiopian government incorporated and registered the business unit.
The Safaricom Telecommunications Ethiopia PLC is the name designated to...
The Central Bank of Kenya wants mobile loan defaulters to start getting listed on the CRB again. This is in contrast to an earlier move that had seen mobile loan defaulters removed from CRB after what was termed as...
Tycoon Jimmy Wanjigi is entangled in a Sh. 1.37 million clothes debt. He has now gone to the High Court to appeal a lower court’s verdict that ordered him to pay the money to Fazal – The Luxury Boutique,...
