Saturday, April 26, 2025

NEWS

Nakumatt files for bankruptcy, shuts down Nyanza branch

Emerging reports indicate that troubled retailer Nakumatt Supermarket has filed for bankruptcy. According to a report appearing in The Standard newspaper, Nakumatt on Monday...

Bob Collymore takes sick leave, to receive treatment for ‘months’

Safaricom chief executive officer Bob Collymore has taken a sick leave. According to a statement from the telecommunications giant, Mr. Collymore will be away...

KCB to lend Sh. 10.4 billion to small businesses

KCB has received a $100 million (about Sh. 10.37 billion) loan from the African Development Bank (AfDB) for onward lending to small and medium...

Kenyan billionaire in court for stealing two phones

A Kenyan billionaire and owner of the TAJ Mall which is situated in Embakasi has found himself in hot soup. This is after he was...

Customers owe Kenya Power Sh. 3.2 billion in unpaid power bills

Customers of Kenya Power owe the firm Sh. 3.2 billion in unpaid bills. This is according to Kenya Power's managing director Ken Tarus. He notes that...

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