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WPP Scangroup suspends CEO, CFO over alleged financial misconduct

The WPP Scangroup company has suspended its Chief Executive Officer and Chief Financial Officer over alleged financial misconduct. The company, a subsidiary of the WPP,...

NMS plan to evict school land grabbers

The Nairobi Metropolitan Service (NMS) boss Mohammed Badi, on Tuesday, February 16, said that they are working with the Nairobi County Government to issue...

Kenya Railways demolish businesses in preparation to unveil new route

Kenya Railways Corporation (KRC) has carried on with demolitions of multi-million businesses ahead of new route launch. Videos that have been doing rounds on social...

Atwoli hints at hike in goods from tommorrow

The Central Organizations of Trade Union (COTU) Secretary General Francis Atwoli has told Kenyans to prepare for tough times ahead after fuel prices were...

KTN News Anchor unveils chopper hire business

KTN presenter and News Anchor Ken Mijungu has ventured into a helicopter hiring business as an extension to his car hire services. The media personality...

Car Dealers record losses worth billions

Car importers in Kenya have recorded losses worth billions of shillings after sales and imports dipped in 2020. According to the Kenya Auto Bazaar Association...

KRA to auction luxury cars at the port

The Kenya Revenue Authority (KRA) has put over 300 cars that have overstayed at their warehouse in Kilindini port on mass auction. Among the vehicles...

National carrier KQ seeks cargo deal with government

The National carriers Kenya Airways is in talks with the State regarding becoming its leading cargo carrier. KQ have moved to ensure they fill the...

400 matatu owners reveal new system for passengers in Nairobi

400 Nairobi matatu owners have unveiled a new matatu system weeks after the government initiated changes in the sector. Matatus from various Saccos in Eastlands...

Kenya Airways to convert passenger Dreamliner into cargo carrier

Kenya Airways’ (KQ) request to convert one of its large passenger Dreamliner into a cargo plane has been approved by the Kenya Civil Aviation...

Treasury under pressure to increase tax

The Ministry of Treasury has been put under pressure to increase the tax on cigarettes by 15 per cent to raise more government revenue. A...

Business owners count losses as Kenya Railways demolish multi-million businesses

Business owners and families in Kitale watched hopelessly as Kenya Railways Corporation demolished over 100 businesses in the area. A reliable source from the area...

China grants Kenya a debt service waiver

China has granted Kenya a debt waiver worth $378 million (around Ksh 41 billion) to help the country deal with the financial constraints brought...

Wholesale Store losses Sh9.3 billion to KRA

The Kenya Revenue Avenue (KRA) has won a Sh9.3 billion tax case against Paleah Stores Limited. This is according to a judgment that was delivered...

Government unable to produce suspect in Sh50 Billion Anglo Leasing scandal

The multi-billion Anglo Leasing corruption scandal where public funds worth about Sh50 billion were stolen may be far from the end after the government...

Kenyans fancy full time employment despite running thriving businesses

A study by SME advisory Viffa Consult shows that 85 percent of Kenyans fancy full-time employment despite running successful side businesses. The report also says...

Government to protect money sent by Kenyans in diaspora

Murang’a County Senator Irungu Kangata has tabled a new Bill meant to safeguard the billions sent by Kenyans in the diaspora each year. The Bill...

Kenyans to experience hike in rent, electricity and water bills

Kenyans will be required to dig deeper into their pockets when settling rent, water, and electricity bills. This is according to the latest consumer price...

Counties relieved after Treasury finally releases Ksh 24.6 Billion

County governments will feel some weight lift off their shoulder after the National Treasury released Ksh 24.6 Billion. In an announcement to media houses on...

4 Best CMA-licenced Forex Brokers in Kenya (Verified)

Overview Due to the risks involved with traders making use of unregulated brokers, Kenya’s financial regulatory entity, the Capital Markets Authority (CMA), has formulated a...

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