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Kenyan banks on property auctioning spree, recover Sh 25 billion loans

Bank Property Auction: Banks in Kenya have stepped up property auctions in a bid to recover money from defaulted loans. The latest data from...

Safaricom to make Sh. 53.5 billion from installing smart electricity meters

Kenya Power Smart Meters: Leading telecommunications firm Safaricom is set to make Sh. 53.5 billion for installing smart electricity meters. The new smart meters...

Sh. 295m State-owned plant that has been idle 28 years since purchase

A Sh. 295 million State-owned plant has been sitting idle for 28 years since it was purchased. The plant, which is a product of...

Kenya unable to issue passports after printer broke down

Passports in Kenya are no longer being produced after the government suffered a printer breakdown. Kenyans who submitted their biometrics to the Ministry of...

KCB, NCBA to block your money if you default on your Fuliza loan

There is going to be nowhere to run for defaulters of the popular Fuliza loans. This follows an update on terms of the loan...

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