James Oundo

CBK calls for mobile loan defaulters to be listed on CRB again

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...

Jimmy Wanjigi in court over Sh. 1.37 million clothes debt

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,...

Fuel prices to be highest in Kenya’s history today if no subsidy is offered

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...

List of countries Kenyan passport holders can’t visit rises to 54

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...

How Peter Munga became one of Kenya’s richest men

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...

Dan Githua: My new business after leaving Tuskys

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...

1.4 kilometre Likoni Bridge to cost a shocking Sh. 210 billion

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 faces auctioning over multi-billion loans from foreign lenders

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...

Kenya fails to get Sh. 16.8 billion JKIA railway loan from France

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....

Co-op Bank launches Kenya’s first pension-backed mortgage

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...

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Ruto in secret JKIA deal with controversial Zimbabwean man

President William Ruto has once again unleashed a controversial multi-billion deal involving the Jomo Kenyatta International Airport (JKIA) that...