Thursday, December 25, 2025
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Maina Andrew

Co-op Bank wins lucrative State pension contributions deal

The Co-operative Bank has bagged a lucrative State deal to manage over Sh. 100 billion in pension contributions that are held by held by the Public Service Superannuation Scheme (PSSS). Co-op Bank was selected together with two other lenders, NCBA...

Ndindi Nyoro sells off millions of his Kenya Power shares at a loss

Kiharu Member of Parliament and the founder of securities investment firm Investax, Ndindi Nyoro is no longer the largest individual Kenya Power shareholder. This is after Nyoro sold off millions of his Kenya Power shares in the six month period...

Outrage as KENHA fines lorry Sh. 46.8 million for overloading

The Kenya National Highways Authority (Kenha) had slapped an outrageous Sh. 46.8 million fine on a truck that was found to have overloaded its cargo. Kenha, which is now detaining the truck, has also said that it will be charging...

Weakness? Kenya gives in to Tanzania demands after KQ got banned from Dar

Kenya has given in to a demand by the Tanzania government that saw the national carrier Kenya Airways get banned from flying to Dar es Salaam. Air Tanzania has now been granted the Fifth Freedom Traffic Right for all-cargo services....

How you can strategically invest in real estate with Fanaka this year

As we usher in a new year, the air is filled with the promise of fresh beginnings and untapped opportunities. For those contemplating homeownership or embarking on an investment journey, there is no better time to take the plunge...

Plane with 379 passengers collides with relief plane; bursts into flames

A plane carrying 379 passengers burst into flames on Tuesday at the Haneda International Airport in Japan. The plane, Japan Airlines Flight 516, burst into flames after colliding with a small relief plane at the airport. All 379 passengers in...

Southern Bypass closed down partially for a month

The Southern Bypass has been shut down partially. The shutdown will last for 28 days starting on December 27, 2023. This has been announced by the Kenya National Highways Authority (KENHA). According to the notice by Kenha the partial closure...

Shilling crosses 155 against USD; on free fall against Canadian dollar

The Kenya shilling has resumed its free fall against the US dollar. The shilling has officially touched 155 and is steeply plummeting towards 156. Alarmingly, over the past one week, the shilling has lost by over 4 shillings against the...

Cytonn loses three Kilimani properties as receiver manager takes over

Troubled investments firm Cytonn Investments has lost three additional properties to a receiver manager. The three properties are located at Kilimani in Nairobi. This is after the High Court allowed the receiver manager to take over the properties in a...

Co-op Bank’s Charles Washika named 2023 CIO of the Year

Charles Washika has been named as the 2023 CIO of the Year. Mr. Washika who is the Director of ICT at the Co-operative Bank was crowned during the CIO 100 Awards event that was organized by African digital transformation...

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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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