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...
A civil servant working in the department of public roads could lose over Sh. 0.5 billion that was found stashed in some 22 bank accounts. Besides the money, the civil servant was found with some 27 properties, shares in...
Peter Munga Mauritius Deal: Former Equity Chairman Peter Munga was behind the secretive purchase of some 452.5 million shares of Britam Holdings from the government of Mauritius. This secretive purchase left Mauritius with a Sh. 3.9 billion loss.
This loss...
Kenya has dropped its request for debt relief after Chinese banks said they were not willing to offer any debt restructuring to Kenya. This comes weeks after it was revealed that Chinese banks had frozen fund disbursements to local...
Real Estate Awards: Kenya's fastest rising real estate firm Lesedi Developers emerged top in the 2021 edition of the Top Bran real estate awards.
The real estate firm which specializes in the salenof affordable plots and development of real estate...
Banda Homes Scandal: Troubled real estate firm Banda Homes is facing imminent collapse after an investor asked the court to liquidate the firm. Susan Obuya, who is an accountant based in Netherlands has asked the High Court to liquidate...
