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Uhuru kin revisits Sh3bn KCB land case with new evidence

Mr Ngengi Muigai. FILE PHOTO | NMG  President Uhuru Kenyatta’s cousin, Ngengi Muigai, is seeking leave to introduce new evidence in a fresh attempt to reverse a land case judgment in which he lost 443 acres to Kenya Commercial Bank #ticker:KCB...

Sankara looks to Marriott brand for winning recipe

Sankara general manager Krishna Unni during the interview. PHOTO | DIANA NGILA | NMG  Sankara last month completed the conversion to a Marriott Group’s Autograph Collection brand. This came as the hotel space in Nairobi is awash with activity, with investors...

KRA offices to remain open until Sunday

Times Tower. FILE PHOTO | NMG  The Kenya Revenue Authority (KRA) offices will remain open until Sunday to enable more Kenyan file their income tax returns , ahead of the Sunday’s June 30 deadline set by the taxman.The taxman Thursday said...

Kenya in diplomatic spat with Dar over small traders

A trade dispute between Nairobi and Dar-es-Salaam escalated Wednesday after MPs from both parliaments issued threats following allegedly "xenophobic" utterances.

Nairobi in list of 100 most expensive cities

A section of Nairobi City. FILE PHOTO | NMG  A sustained climb in the prices of goods and services has pushed Nairobi back into the list of 100 most expensive cities in the world, making it a more costly location...

NSE companies spend Sh2.7bn on staff layoffs

The staff redundancies raise queries on the ability of Kenya’s economic growth to generate quality jobs for millions of unemployed youths. FILE PHOTO | NMG  Eight Nairobi Securities Exchange #ticker:NSE (NSE)-listed firms spent Sh2.7 billion to lay off workers last year...

Zep-Re profit hits 7-year low on tame Kenya growth

Kenya Re, which has 19.3 percent stake — the largest— in Zep Re booked 36.4 percent decline in profits to Sh2.27 billion. FILE PHOTO | NMG  Regional reinsurance firm Zep-Re earnings dropped to Sh1 billion, the lowest in seven years, as...

Firms lose Sh183m loan case against Imperial Bank

Imperial Bank depositors protesting in May 2016. FILE PHOTO | NMG  Nine companies under the Milly Group that are linked to a former Kanu kingpin have lost a case in which they challenged a decision by Imperial Bank and the Kenya...

Liberty disposes of Karen property for Sh125 million

The company disposed of its Heritage House in Naivasha in 2017 for Sh95 million. FILE PHOTO | NMG  Liberty Holdings #ticker:CFCI has sold its residential house in Nairobi’s Karen estate to property developer Africa Reit for Sh125 million, the second such...

UNICEF partners with Nokia on digital literacy drive

Scaling-up of internet connectivity in schools is planned to allow students to access quality digital learning materials. FILE PHOTO | NMG  United Nations Children's Fund (UNICEF) Kenya has partnered with Finnish technology company Nokia to launch a shared-value affiliation to increase...

MasterCard plans finance hub for better risk management

Head of MasterCard Labs for Financial Inclusion Salah Goss in a meeting in Nairobi. PHOTO | FAUSTINE NGILA | NMG  Lucy Muli has been a green grocer in Nairobi for seven years now. She has watched her business grow from a...

Tech start-ups meet in Nairobi to look for funding from investors

East Africa tech startups in the agriculture, health and insurance space meet in Nairobi next month.

Experts meet in Ghana over data

Data protection is an issue of great concern worldwide. FILE PHOTO | NMG   About 1,000 experts in the ICT sector around the world including Kenya are currently taking part in the first Africa regional data protection and privacy international conference"...

Internet of Things to change the way homes and valuables will be managed

A logo of 5G is seen at the stand of Qualcomm during the China Mobile Global Partners Conference 2017 in Guangzhou city, south China’s Guangdong province, 25 November 2017. FILE PHOTO/AFP  Imagine converting your home into a tiny smart living ecosystem...

Multipurpose hearing device targets the poor

From left: Hearing Technologies Kenya, general manager Emery Nzirabatinya, Starkey Hearing Technologies founder William F Austin, Kisumu governor Prof Anyang Nyongo and Starkeyâ's director of global initiatives Owen Olonde after the launch of an AI hearing. FILE PHOTO | NMG   ...

App gives customers more power in bank transactions

From left: Ban.Q’s lead developer Felix Magani, lead researcher Tina Pim, developer Cedric Shimuli and Nehemiah Makau, the project manager. PHOTO | FAUSTINE NGILA | NMG  It all started when one young man complained on how it was tough for him...

Two arrested over new Kenya Pipeline fuel theft

An oil tanker in Mlolongo where KPC discovered fuel siphoning June 26, 2019. PHOTO | SALATON NJAU  Kenya Pipeline Company is yet to quantify the fuel stolen after crooks linked a pipe to the 20-inch Mombasa-Nairobi Pipeline and siphoned the product...

Sh200 billion Lamu coal plant stopped by tribunal

Environmental activists demonstrate in Nairobi against construction of a coal power plant in Lamu. FILE PHOTO | NMG  A tribunal has cancelled the licence for Kenya’s first coal-fired power plant following environmental concerns about the Sh200 billion project.The National Environment Tribunal...

1.3m yet to file tax returns ahead of Sunday deadline

Taxpayers queue at Railway Grounds, Nairobi, last year to seek assistance in filing the 2016 returns ahead of the June 30 deadline. PHOTO | MARTIN MUKANGU   Nearly a third of Kenyans have not filed their tax returns seven days to...

Bitcoin on fire, tops Sh1.3 million

A Bitcoin exchange. FILE PHOTO | NMG  Bitcoin jumped to an 18-month high on Wednesday, a surge analysts said was caused by nervous traders looking for safety in alternative investments and expectations that Facebook’s Libra could turn cryptocurrencies mainstream.The world’s biggest...

Questions raised over quality of JKUAT’s 118 PhD degrees

Commission for University Education chairman Prof. Chacha Nyaigoti. FILE PHOTO | NMG  Fresh details have emerged on the 118 doctorate degrees that were awarded by Jomo Kenyatta University last week.Analysis of the awards shows a lecturer supervised 16 doctorate students, which...

Storm in Dar over Kenyan MP’s ‘xenophobic’ remarks

Kenyan government has distanced itself from utterances made by Starehe MP Charles Njagua Kanyi alias Jaguar (pictured) threatening to kick out Tanzania traders from Nairobi city markets. PHOTO | FILE | NATION MEDIA GROUP  Tanzania has summoned Kenyan High Commissioner to...

Kenya-Somalia maritime case set for September

The area in the Kenya-Somalia maritime border dispute forms a triangle east of the Kenya coast. The hearing of the maritime dispute between Kenya and Somalia will start on September 9 at the International Court of Justice in the Netherlands. GRAPHIC | NATION MEDIA...

Flower sales to Australia at risk under new rules

Flowers exported to the country are currently fumigated at the port of entry in Australia before getting into the market. FILE PHOTO | NMG  Kenya is staring at a possible loss of the multi-billion-shilling Australian flower market after the country passed...

Munyes: Sh300bn Turkana oil deal to remain secret

Petroleum Secretary John Munyes. FILE PHOTO | NMG  Kenya has signed a deal with Turkana oil exploration firms that will see them source up to Sh300 billion ($3 billion) funding from international financiers, but Petroleum Secretary John Munyes says the agreement...

Tax pain for Nairobi in Sonko’s Sh35.2bn budget

Mr Charles Kerich. PHOTO | COLLINS OMULO | NMG  Nairobi residents and property owners are set to pay more in land rates, parking fees and garbage collection levy in a raft of new charges intended to finance Governor Mike Sonko’s Sh35.2...

Rotich keeps business permit tax to net cheats

Treasury CS Henry Rotich. FILE PHOTO | NMG  Small traders will continue paying presumptive tax charged at the rate of 15 percent of annual business permit fee paid to the counties despite proposed re-introduction of a monthly turnover duty to arrest...

Mastercard, KCB, expand kiosk stocks credit line

The partnership was first rolled out locally in partnership with Unilever. FILE PHOTO | NMG  Payments firm Mastercard and KCB #ticker:KCB are set to roll out across Kenya a solution that enables smallscale traders running kiosks to access stock on credit.The...

Crown Paints drops Sh908m units debt

Crown Paints CEO Rakesh Rao (right) leads colleagues in painting one of the warehouses in Eldoret town during the opening of a depot this week. PHOTO | JARED NYATAYA | NMG  Crown Paints has written off Sh908 million its loss-making subsidiaries...

KPA seeks firms for new terminal operating system

A goods train on the SGR whose operations will benefit from the planned installation. PHOTO | LABAN WALLOGA | NMG  The Kenya Ports Authority (KPA) has invited companies to bid to setup an enhanced operating system that will manage operations at...
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“Mimi si bwana yako…”, Governor Sonko tells K24 anchor Anne Kiguta (video)

Controversial Nairobi Governor Mike Mbuvi Sonko on Sunday humiliated K24’s Anne Kiguta claiming that he is not her husband. [email protected]: …even wewe, mimi si bwana...

70 percent of bank customers ‘are living beyond their means’

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Police Ruthlessly Stop MP’s Son’s Wedding After Matiang’i’s Directive

Police officers, on Saturday, descended on a wedding that was taking place on the night the census exercise was supposed to be taking...

“Hana ushamba wa kuchambana Instagram” Diamond publicly humiliates Zari and Hamisa, praises Tanasha instead

We can’t have enough of Tanasha and Diamond’s baby shower party. It was definitely star-studded but more of drama-filled.The party went down at Best...

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