Wednesday, May 14, 2025

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EABL top manager resigns over claims she organized tobacco bribes for Wetangula

The bribery claims levelled against UK’s British American Tobacco (BAT) Tuesday spread its tentacles across corporate Kenya sucking in rival Mastermind Tobacco and forcing...

Why Atlas closed down

The following feature was first published in the Business Daily. The extent to which Kenya’s nascent oil industry has unravelled emerged on Tuesday as logistics...

Atlas shuts down Kenyan businesses

Oil and gas logistics firm Atlas Development has announced it is winding down its Kenyan operations even as the holding firm remains listed on...

Car, water, beer, fuel prices up shoot up as new taxes takes effect

Kenyans will from Tuesday pay more for beer, juices, water, second-hand cars and motorcycles after the Treasury set the date for application of new...

IFC reduces investment in Stanlib REIT after poor market performance

The International Finance Corporation (IFC) reduced investment in Kenya’s first Real Estate Investment Trust (Reit) to avoid breaching its rules after poor market response...

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