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...
A fresh report on bank branches in Kenya has revealed rich and poor counties in the country. The report shows that nearly half of all bank branches in Kenya are located in Nairobi, Mombasa and Kiambu. These three counties...
Excise Duty on Loans: Kenyans who take mobile loans will now pay more for their loans following the introduction of a new tax on loans. The new tax took effect on July 1 and mobile lenders have been sending...
Chris Kirubi and Naushad Merali were two of Kenya's foremost billionaire businessmen. The two died within weeks of each other. In life, weeks before they died, Kirubi and Merali were in battle over a real estate multi billion tender...
Julian Kyula, a senior preacher at The Purpose Center Church in Nairobi, once accumulated a debt of up to Sh. 100 million. Mr. Kyuna made this revelation during an interview which was published on YouTube by the Cleaning The Airwaves...
