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KQ defaults on Sh. 102 billion aircraft purchase loan

National carrier Kenya Airways (KQ) has defaulted on a Sh. 101 billion (USD 841.6 million) loan from the American Exim Bank. The loan was secured...

Risky borrowers to start paying higher M-Shwari charges

Safaricom and the NCBA Group have developed a new loan pricing model that will see risky borrowers start paying higher M-Shwari charges. The new model...

Safaricom pushing CBK to reinstate bank to mobile money transfer charges

Safaricom is calling on the Central Bank of Kenya (CBK) to reinstate bank to mobile money transfer charges. This marks the first time Safaricom is...

Pilots suspended after bitter fistfight in cockpit during flight

Two Air France pilots were involved in an inflight altercation and exchanged "inappropriate gestures" while in the cockpit of an A320 heading from Geneva...

Jimnah Mbaru Biography and Executive Profile

Not too long ago, investment banker Jimnah Mbaru made some Sh. 900 million from a share sale deal. Interestingly, Mr. Mbaru made double the...

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