The Chinese operator of the standard gauge railway (SGR) has demanded billions of shillings in unpaid…
Category: Business News in Kenya
Trouble for Kenya Power over Sh1 billion tender requirement
The High Court has barred financially troubled Kenya Power from procuring insurance brokerage services after allegations…
Auditor-General: Nock is broke
National Oil is broke and can’t pay its debts, says AG Nancy Gathungu The National Oil…
Local company hired for gov’t cheap gas project folds
A local firm contracted by the government in the lackluster cheap gas scheme is headed to…
Kenya Power MD Bernard Ngugi exits barely two years into his term
The Managing Director of Kenya Power (KP) Bernard Ngugi has left the company barely two years after his appointment.…
Munga secret Britam deal leaves Mauritius with Sh3.9bn loss
Billionaire businessman Peter Munga orchestrated a secretive purchase of 452.5 million shares of Britam Holdings from…
New crop of retailers banishes Nakumatt and Uchumi ghosts
At the peak of their powers, Nakumatt, Uchumi and Tuskys appeared infallible in how they conducted…
Banda Homes joins Cytonn and Home Afrika in fight for survival
Banda Homes has become the third big player in the real estate industry facing imminent collapse,…
Uhuru: Kenya most attractive investment destination in Africa
President Uhuru Kenyatta has invited United Kingdom (UK) investors to tap into emerging business opportunities in…
Safaricom to hide identity of Lipa na M-Pesa users
Safaricom will introduce a feature blocking customer contact details when making payments through Lipa na M-Pesa…