Fourteen in every 100 Kenyans have defaulted on their bank loans, creating a lucrative business for…
Category: Business News in Kenya
Kenya disowns port deal promises made to Dubai
Kenya has disowned promises of a July tender made to Dubai Port (DP) World that would…
Where Kenya’s super-rich are migrating to for investments
Wealthy Kenyans are seeking second homes in St Kitts and Nevis, a two-island county in North…
Kenya freezes Tanzanian tycoon’s cooking gas plant
Kenya has frozen plans by a Tanzanian billionaire to set up a gas plant and storage…
Former blue-chip CEOs: Where are they now?
Bharat Thakra CEO WPP Scangroup, 1990 – 2021 Former WPP Scangroup CEO Bharat Thakrar left the…
Sportpesa’s nine lives in regulatory onslaught
A court injunction issued in November 2020 has allowed betting firm SportPesa to continue trading despite…
IMF wants M-Pesa shielded in CBK digital shilling plan
The International Monetary Fund (IMF) has recommended special safeguards for M-Pesa and banks from unfair competition…
Changing fortunes of tourism in the Coast
Visitors to coastal resorts in the past found beaches swarming with skimpily dressed tourists from European…
Biden wants KRA to spy on American companies
The United States is demanding that the Kenya Revenue Authority (KRA) spy on American firms and…
Will permanent fee caps rein in Uber, Bolt, Little?
Kenya has imposed a permanent cap on the commission paid by drivers to digital taxi operators…