Thursday, December 25, 2025
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James Oundo

We are investigating Cytonn, says CMA as it cautions investors

Cytonn Scandal: The Capital Markets Authority has announced that Cytonn Investments is not regulated or authorized. The announcement came after a video of an investor claiming she hasn't been paid emerged. “The Authority confirms that Cytonn Investments is not a...

How Co-op Bank breathed new life into loss-making small bank

Kingdom Bank Kenya: In July 2020, shareholder of the shareholders of Jamii Bora Bank unanimously approved Co-operative Bank’s acquisition offer. In an Extra Ordinary General Meeting that was held on 1st July 2020, the shareholders resolved that Co-op Bank...

Photos: Inside late Chris Kirubi’s lavish mansion, expensive car collection

Chris Kirubi House and Cars: A few months ago, the Kenyan billionaire Chris Kirubi who died on June 14, 2021 gave Kenyans a preview of his lavish home and expensive car collection. Mr. Kirubi did this during the Sunday...

Late Chris Kirubi: “I started out as an ordinary salesman in Nairobi”

Chris Kirubi wealth: It is remarkable and at the same time very sad how, many people ignore the obvious especially those who are deprived. Why am I saying this? We moan a lot about not having enough money, not...

Late Kirubi’s final advise on secrets you must follow if you want to get rich

Chris Kirubi Wealth Lessons: The late Chris Kirubi was arguably one of Kenya's top billionaire entrepreneurs. Up until his last day alive, Kirubi did not stop sharing tips on how Kenyans could better themselves and get richer than they...

Grace Mello: How I got Sh. 2 million capital when all I had was Sh. 40,000

“My name is Grace Mello. I am in my early thirties. I am a hairdresser by profession. I am also a taxi driver in Nairobi. I have been running my taxi business for three years now. I started this...

Kingdom Bank to end five year loss streak with Sh. 300m profit in 2021

Kingdom Bank Profitability: The Kingdom Bank is anticipating to record a profit of at least Sh. 300 million this financial year. This will be a major turnaround for the bank that has been posting a streak of losses over...

Billionaire Rai family now goes after Mumias Sugar

The billionaire Rai Family has emerged as one of the investors bidding to takeover Mumias Sugar in a lease deal. This has been revealed the Mumias Sugar receiver manager PVR Rao. The revelation comes barely a week after Western region...

KRA cancels 66,269 PINs that always file nil returns, don’t file returns

KRA PIN Deregistration: The Kenya Revenue Authority has delisted up to 66,269 personal identification numbers of individuals and businesses that have been defaulting on their tax obligations. The taxman says that the affected accounts have been constantly filing nil returns...

Marcia Hotel building along Mombasa Road to be auctioned

The five-storey building that houses Marcia Hotel  has bee put up for auction. The building is being auctioned off by Taifa Auctioneers. The hotel is located near NextGen Mall and Airtel Building. The ground floor of the building contains spaces...

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KQ top employees get half salaries as cash flow problems persist

Kenya Airways senior employees will not be going on Christmas with full salaries. According to the airline’s internal communication,...
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