Foreign lenders plot seizure of Cytonn’s properties over Sh5 billion Two years after Cytonn Investments broke…
Category: Business News in Kenya
Betting Agencies put brakes on radio games
‘Send money and win’ radio games may soon cease to exist The end is near for…
Ponzi schemes cost Kenyans Sh1 billion, CMA reveals
Kenyans have lost Sh1 billion buying into unregulated investment products marketed by entities promising high returns.…
Private firm to run BRT buses under 12-year concession
Kenya will offer a private firm a 12-year concession to run bus rapid transport buses (BRT)…
Treasury cites 14 parastatals in reforms quest
The National Treasury has cited 14 out of 18 key State parastatals as financially weak under…
748 Air unveils new CBD office
Renowned aviation company, 748 Air Services has announced the opening of a new office at the…
NHIF to discard card, introduce fingerprints
The National Hospital Insurance Fund (NHIF) has introduced the use of fingerprints to identify its 8.9…
Maritime Single Window System to ease burden for shippers
Shipping firms and agents operating in Kenya will benefit from enhanced efficiency at the port of…
Nakumatt, Tuskys collapse sink biscuit maker Britania
The collapse of two of East Africa’s largest retail chains in quick succession, coupled with the…
Safaricom announce increased charges for Fuliza service
Safaricom subscribers who borrow from the telecommunications firm’s overdraft service namely Fuliza will have to pay…