Peter Munga Wealth: Former Equity Bank board chairman Peter Munga, is arguably one of the richest Kenyans. His vast business empire and interests span across finance, insurance, education, and agriculture.
His share holdings at the Nairobi Securities Exchange are valued...
Daniel Githua, the former CEO of embattled Kenyan supermarket chain Tuskys, recently co-founded Anko Retail, an e-commerce start-up where he is chief strategist. The platform was launched in February 2021. In this feature that was first published in, How we Made it...
Likoni Gate Bridge: Kenya will spend a whooping Sh. 210 billion to construct a bridge over the Likoni channels. Likoni Gate Bridge, which is expected to ease passenger and vehicular crossings over the dreaded Likoni channel in Mombasa, will...
Cytonn Troubles: The trouble at Cytonn Investments seems to be getting deeper and deeper. Reports say that foreign lenders have rushed to court threatening auctioning if the firm does not pay debts amounting to billions of money. These foreign...
The government was not able to ink a multi-billion financing deal for JKIA railway with France during the recent visit to Paris by President Uhuru Kenyatta.
This has effectively put the €128 million (Sh. 16.3 billion) infrastructure plan on hold....
Pension Mortgage Scheme: The Co-operative Bank of Kenya has launched the first pension-backed mortgage loan facility in Kenya. The mortgage loan facility will target members of pension schemes in the country. Co-op bank launched the facility in partnership with Enwealth...
Safaricom Call Rates: Kenya's leading telecommunications firm Safaricom has increased its voice, text and data prices. The increase follows the signing of a law that taxes airtime by President Uhuru Kenyatta. The law is part of the Finance Act...
Nairobi Metropolitan Services (NMS) is set to convert the popular Machakos Country Bus terminus into an underground parking bay.
According to the NMS Director-General Mohamed Badi, the planned multi-storey parking area at the Machakos Country Bus will be digitally operated...
Michael Joseph Salary: Former Safaricom chief executive officer Michael Joseph received Sh. 127.5 million bonus pay from Safaricom in the financial year ended March 2021.
The pay, which now makes Joseph the highest paid board member in Kenya came at...
Telkom Kenya has revised its prices following the amendment of the Excise Duty Act 2015. This follows the introduction of the revised Finance Act 2021 which came into effect on July 1. The Act has led to an increase...
