Kenya’s inflation climbed to a 61-month high in July on soaring food and fuel prices as…
Category: Business
680 Hotel sold to Maanzoni in Sh1.2bn deal
The billionaire owner of 680 Hotel in Nairobi’s city centre has sold the three star-facility to…
A Con Artist Scammed Me Out Of $92,000. Here Are The 8 Red Flags I Wish I’d Seen
“I was charmed by a charismatic, exciting woman who injected herself into my life and became…
KenGen to branch into fertiliser production
State-owned Kenya Electricity Generating Company (KenGen) has revealed plans to set up a fertiliser plant at…
CBK warns Flutterwave and Chipper Cash not licensed to operate in Kenya
The Central Bank of Kenya (CBK) has said payments fintech Flutterwave and Chipper Cash are not…
Kenya flags betting jackpots for money laundering
The mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering…
CBK blocks interest-free Lipa na M-Pesa loan plan
The Central Bank of Kenya (CBK) blocked the launch of a Safaricom-backed zero-interest credit service for…
How banks are making Sh1 billion profits daily
Commercial banks are making nearly Sh1 billion daily in profits this year, reaping the benefits of…
Treasury targets car dealers in fight against suspicious transactions
The National Treasury wants car dealers to be legally compelled to report suspicious transactions as part…
Karoney bows to pressure, unlocks land deals worth billions
The Lands ministry, pressured by protests over delays on its digital land registration system, has activated…