Kenya Airways tenders, procurement process under probe – DCI

By Faizal Ahmed,

Kenya Airways is under investigations over concerns involving tenders and procurement. KQ boss Sebastian Mikosz has been ordered to surrender certi...

Kenya Airways , Mikosz

CMA freezes accounts by women incubator WIIE in irregularity probe

By Kepha Muiruri,

The Capital Markets Authority (CMA) has alongside law enforcement agencies frozen bank accounts belonging to the Women Investing in Entrepreneurship (...

CMA , WIIE

KRA recoveries from tax evaders rise to Ksh.8.5 billion

By Kepha Muiruri,

The Kenya Revenue Authority (KRA) has increased its recoveries from tax avoidance to Ksh.8.53 billion across the 2018/19 financial year. The improv...

2018/19 revenue performance , KRA , tax evasion

KenolKobil insider probe pushes CMA illicit recoveries to Ksh.726 million

By Kepha Muiruri,

The Capital Markets Authority (CMA) has recovered Ksh.725.8 million from illicit capital markets dealings in the year to date, with the lump of the su...

CMA , KenolKobil

Capital Markets Authority bars Aly-Khan Satchu from trading

By Joseph Bonyo,

Celebrated stockbroker Aly-Khan Satchu has been barred from trading and holding any key office in a listed firm for three years. Aly Khan, or Mr Satc...

Aly Khan Satchu , Capital Markets Authority , KenolKobil , Rubis Energie

Boeing finally finds new buyer for 737 Max

By CNN,

Boeing got a huge vote of confidence for its troubled 737 Max on Tuesday as International Airlines Group announced it plans to buy 200 of the jets. ...

Boeing 737 MAX , International Airlines Gtoup

Tobacco control advocacy lobbys Treasury to probe BAT for tax avoidance

By Kepha Muiruri,

The Kenya Tobacco Control Alliance (KETCA) has written to the National Treasury calling for the investigation of the British American Tobacco (BAT) ov...

British American Tobacco (BAT) , Kenya Tobacco Control Alliance , National Treasury , Tax Justice Network

Suspension of Nuteez peanut butter lifted two months after recall

By Citizen Reporter,

The Kenya Bureau of Standards has lifted the suspension of the Nuteez peanut butter brand. The agency on Friday said the manufacturer, Jetlak Foods...

Jetlak Foods , nuteez peanut butter

‘High ranking’ Gov’t officers accused of trying to sabotage e-Citizen

By Kepha Muiruri,

Webmasters Kenya Limited, the firm behind the creation of the e-Citizen payment system has raised the alarm on underhand tactics meant at decapitating...

e-citizen , Goldrock Capital , National Treasury , Webmasters Kenya Limited

Probe into JKIA takeover plan hots up as Ksh.150M payout halted

By Faizal Ahmed,

Plans to award Ksh.150million to a transaction advisor in the takeover bid for Jomo Kenyatta International Airport (JKIA) by Kenya Airways have been ...

Esther Koimet , jkia , Kenya Airways

Safaricom customers affected after Mshwari outage

By Citizen Reporter,

Safaricom subscribers were on Friday morning affected after the telecommunications company experienced what they termed as a 'technical hitch' with th...

collymore , mpesa , mshwari , Safaricom

KenolKobil Ksh.35B bid under investigation by CMA

By Reuters,

The Capital Markets Authority has said investigations have been launched into irregular share trades in relation to a takeover offer for KenolKobil b...

Three suspects arrested in Tana River over hiked fuel prices

By Vincent Maruga,

Detectives from the Directorate of Criminal Investigations (DCI) arrested three suspects in Tana River County following an impromptu raid. Accordin...

fuel prices

Google tried to beat Facebook and all it got was Facebook’s headache

By CNN,

Google desperately wanted to copy Facebook's success on social media. Instead it may be left with a version of one of Facebook's biggest failures. ...

Cambridge Analytica , facebook , Google

Mumias board suspends CEO over doubtful transactions

By Citizen Reporter,

The board of troubled sugar miller Mumias has suspended chief executive officer Nashon Aseka as it begins a probe into questionable deals entered by t...

board , doubtful transactions , fraud , Kennedy Ngumbau , machinery , Mumias , Nashon Aseka , Sugar , sugarcane

CA seeks additional funding for universal service fund

By Kepha Muiruri,

Attaining a nationwide coverage for telecommunications services will cost much more than the resources in place to meet the course according to the Co...

CA , Communications Authority , insecurity , internet , marginalized areas , nationwide coverage , Ngene Gituku , telecommunication , Universal Service Fund

KCAA, KAA probe alleged illegal Jetways activity at JKIA

By Citizen,

Cargo carrier Jetways Airlines has had its air side access restricted as government authorities’ begin investigations on allegations of possible bre...

airside action , Aviation , Gilbert Kibe , illegal activity , Jetways , jkia , KAA , KCAA , Kenya Airports Authority , Kenya Civil Aviation Authority , Miraa

CAK opens investigations on collusion in uniform sales

By Citizen,

The competition watchdog has initiated investigations into schools directing parents to buy uniform and other supplies from specific shops and making ...

collusion , Competition Authority , Parents , School Heads , Twitter , Uniform , Uniform distributors

Court reinstates former Kenya Airways finance director Alex Mbugua

By Agnes Oloo,

Former Kenya Airways (KQ) Finance director Alex Mbugua has won a case against his former employer challenging his ‘irregular’ dismissal. Justic...

Alex Mbugua , Aviation , Deloitte , Denis Awori , finance director , Forensic audit , high court , Kenya Airways , Mbuvi Ngunze

Ex Chase Bank chairman charged with Sh1.6bn fraud

By Dzuya Walter,

Former Chase Bank Chair Mohammed Zafrullah Khan has been charged over a plan to defraud the lender Sh1.6 billion. The charge comes two months after...

banking fraud investigations unit , Cecil Miller. , Central Bank of Kenya , chase bank , dummy companies , Ferrari Zino , fraud , high end cars , life of luxury , personal expenses , Proceeds of Crime and Anti money laundering act , special purpose vehicles , Zafrullah Khan