Thursday, January 29, 2026
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James Oundo

Narendra Raval withdraws multi-billion bid to revive Mumias Sugar

Narendra Raval Mumias Sugar Bid: Steel tycoon Narendra Raval has withdrawn his bid to take over and revive Mumias Sugar. Raval, who had stated that he would invest Sh. 5 billion into the moribund sugar company said that his...

Angry leaders oppose tycoon’s Sh. 5 billion Mumias revival bid

Mumias Revival Bid: A multi-billion bid by steel tycoon Narendra Raval to revive Mumias Sugar has run into opposition. This is after political leaders from Western Kenya mounted an opposition to the bid claiming there was no public participation...

Billionaire Narendra Raval: Why I own only one pair of shoes

In the list of Kenya's richest people, there is one name that may soon be ranked as Kenya's richest person. That name is Narendra Raval. This is the name of the gentleman who runs one of the biggest steel...

Tycoon Simon Gicharu opens Sh. 20 million MKU hotel

Mount Kenya University has opened a Sh. 20 million hotel. The MKU hotel has been opened inside the university's Thika Main Campus and is expected to act as training centre for students pursuing hospitality management courses. The university founder billionaire...

The day President Uhuru publicly blasted top bank CEO

Stawi Loans: In November 2019, President Uhuru Kenyatta unleashed a sharp criticism for a certain local bank that had reportedly refused to join the Stawi Loan program that was being spearheaded by the government. The program is a mobile lending...

Lands CS announces mass verification of title deeds in Nairobi area

The Ministry of Lands and Planning says the mass verification of title deeds in Nairobi is ongoing. According to a notice that was issued by the Lands Cabinet Secretary Farida Karoney, the exercise is covering the Nairobi Block 110,...

Here’s an easy way for you to own a home in Kenya

Identifying the right kind of house is never easy when you are looking to take up mortgage. This is because your mortgage should essentially represent the value of the house you'll be paying for. However, unlike previous years when...

Tycoon Narendra Raval invests Sh. 1.8 billion in fertilizer business

Narendra Raval Fertilizer Business: Billionaire businessman Narendra Raval has pumped Sh. 1.8 billion into a fertilizer plant his firm acquired in the buyout of ARM Cement. This investment is now set to increase the plant's production capacity by three...

Standard Chartered Bank to start giving mobile loans

StanChart Mobile Loans: The Standard Chartered Bank is set to start giving mobile loans after receiving approval from the Central Bank of Kenya. The bank is now expected to launch the mobile lending service within he next few weeks in...

God has given me enough to bail out Mumias, says steel billionaire

Narendra Raval Mumias Bid: Industrialist Narendra Raval is seeking to take over the collapsed Mumias Sugar in an ambitious bid to revitalize it. The steel billionaire says that his primary aim is not to make money, but to bring...

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Co-op Bank starts rolling out matatus financed at Sh703 million

Co-operative Bank has launched a mega financing program for Kenyans looking to acquire public service vehicles. Over the past...
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