business
Court bars special refund push by two ex-Chase Bank depositors
The two former customers had faulted the KDIC for failing to recognise them as depositors
Urgent reforms needed to tackle mounting debt crisis in Africa
Since 2020, the impacts of Covid-19 and the on-going Ukraine war, coupled with worsening...
Proposed Adani, JKIA deal risky and morally unfair to taxpayers
The proposal failed to explain the benefits of the deal to Kenya, and how to ringfence...
Steel door, grille orders boom as Gen-Zs demonstrations rage
A spot check within the Nairobi CBD revealed that most business premises, including...
Credit Bank to sell Edermann land over Sh817m in defaulted debt
In an application at Nairobi’s Court of Appeal, MWSC argued that it needed to be in control of...
KPA offloads cargo from vessel grounded off Mombasa port
The KPA boss said a lighter vessel would be deployed to evacuate all the cargo containers from...
Inside Mbadi’s in-tray as he takes over at National Treasury
An accountant by profession, Mr Mbadi has replaced Njuguna Ndung’u who was part of the Cabinet...
State saves 1.3m borrowers from loan defaulters listing
According to the Creditinfo data, new negative personal listings fell by 777,388 or 35 percent...
Investor to buy Sh500m stake in Transmara’s Angata Sugar Mills
A blueprint showed that the Angata factory and its auxiliaries’ plants or installations would...
Treasury snubs De La Rue in new currency printing deal
The new CBK governor, Dr Thugge, justified the move to go for new notes for all the...
Kenyan banks harvest billions from DR Congo and Rwanda
According to the annual supervision report by CBK, Kenyan lenders in the region recorded a...
Elon Musk Sues Advertisers For Allegedly Boycotting X
Elon Musk and X are suing several advertisers, claiming that they allegedly colluded to boycott the social media platform, costing them substantial money. The suit was recently filed in a federal court in Texas.
