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,...
July Fuel Prices Review: The cost of living could rise higher if the expected fuel price hike is implemented today. Estimates show that from today, fuel prices could rise to the highest mark in Kenya's history. This will be...
The list of countries that Kenyan passport holders cannot travel to has grown to fifty four. This is according to the latest report by the Henley Passport Index. The report indicates the number of countries that Kenyans can visit...
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...
