BUSINESS

Mwananchi Credit
Our Competitors Using Proxies To Fight Us – Mwananchi Credit
Micro-financier Mwananchi Credit has accused its competitors of sponsoring a smear campaign in the media, with allegations of predatory lending.
Mumias Sugar: How Narendra Raval of Devki bungled a top secret process to award him Mumias lease
The Executive Chairman of Devki Group Narendra Raval shot himself in the foot the moment he came out to publicly
Auditor General Raises Red Flag Over Sh4.4 bn Payment for Konza City
Auditor-General Nancy Gathungu has raised concerns over direct payments of Sh4.4 billion from a Chinese bank to Huawei for the
Budget
Inside Ukur Yatani’s 3 Trillion Budget
KEY POINTS Treasury CS Ukur Yatani will in Thursday afternoon read the 2021-2022 budget in Parliament The expected budget for
KCB Employee Allegedly Steals From Customers In A Classic Case Of Digital Fraud
Kenya’s biggest bank based on assets Kenya Commercial Bank (KCB) is on the spot after a string of unauthorized transactions
KRA Waives Penalties, Interests on Undisclosed Taxes
The Kenya Revenue Authority (KRA) has announced a relief on all penalties and interest to tax payers on undisclosed tax
JKIA Set For KSh963M Renovation
The Kenya Airports Authority (KAA) on Thursday, January 7 announced planned refurbishment of Jomo Kenyatta International Airport (JKIA). In a
Kenya Railways Launches Night Passenger Train Service
Kenya Railways to begin a night passenger trains service on its Standard Gauge Railway (SGR) service effective Monday January 4,
How to Apply For Over 15,000 Vacancies Advertised By TSC
The Teachers Service Commission (TSC) has announced 15,226 new jobs for teachers across the country. The teachers’ employer on Saturday,
Jambojet’s Christmas Deals Aimed Promoting Local Tourism Launched
Regional low-cost carrier Jambojet has launched a campaigned dubbed “Now Travel Ready” aimed at encouraging domestic travel in the new
Safaricom Cuts M-Pesa Transaction Charges By 45%
M-Pesa customers will incur lower cost while transferring funds from one line to another starting January 1, 2021. This is
First Alcohol Supermarket Opened in Kenya
Kenya Breweries Limited (KBL) has opened the first alcohol supermarket in the country. The project which is a partnership between
KTDA to Pay Sh734M Dividends For Its Tea Farmers
The Kenya Tea Development Agency (Holdings) Limited has declared a Sh734 million dividend for its smallholder tea farmers for the
Vicious Boardroom Wrangles at Kenya Bureau of Standards Threatens Operations
A vicious boardroom battle is threatening to cripple operations at the Kenya Bureau of Standards (KEBS). The National Standards Council
CBK Reinstates Charges on Ksh1,000 M-Pesa Transactions
The Central Bank Kenya (CBK) on Thursday, December 17 reinstated M-Pesa charges for sending amounts of Ksh1,000 and below. In
SGR Contractor Takes KRA to Court Over Ksh64M Tax
The contractor of the Standard Gauge Railway (SGR) has sued Kenya Revenue Authority (KRA) over tax on allowances paid to
KUSU Oppose Plan to Fire University Employees
The Kenya University Staff Union (KUSU) on Sunday, December 13, opposed plans by public universities to retrench staff due to
Briton Sues Kenyan Girlfriend Over Ksh10M Property
A British national has sued his estranged Kenyan girlfriend over Ksh10 million property seeking the possession of property after aborted
Ukraine launches its first direct chartered flights to Mombasa
The launch of the first Ukrainian charters to Mombasa was announced by the largest Ukrainian national tour operator Travel Professional
Meet the World’s 5 Centibillionaires
There are only five centibillionaires in the world.  According to Bloomberg Billionaires Index released on December 9, a centibillionaire is
Price of Wheat Flour Sky Rockets as Christmas Approaches
Kenyans will have to dig deeper into their pockets to purchase a packet of wheat flour this Christmas, as the
Inside Kenya-UK Trade Deal
Kenya and the United Kingdom (UK) on Tuesday, December 8 signed a strategic Economic Partnership Agreement (EPA) after months of
Kenya Railways to Charge Ksh500 Per Trip For Nairobi CDB-JKIA Express Train
Kenya Railways on Monday, December 7 launched the Nairobi Commuter Rail to Jomo Kenyatta International Airport (JKIA) Express Service. Speaking
2 Traders Demand Ksh400M From Kenya Railways Over Demolitions
Two traders, whose properties were demolished by Kenya Railways Corporation in Nakuru, have sued the state-owned firm demanding Ksh400 million