Goldenscape founder Peter Wangai arrested over fake greenhouse deals

By Ian Omondi,

Detectives from the Serious Crimes Unit of the Directorate of Criminal Investigations (DCI) on Thursday arrested Goldenscape Group Limited boss Peter ...

Absa posts Ksh.8.5 billion normalized 2019 profit

By Kepha Muiruri,

Absa Bank Kenya has reported a normalized Ksh.8.5 billion profit after tax for the period ending December 31, 2019 on the back of higher operating inc...

Absa Bank Kenya PLC , Jeremy Awori

Coronavirus: U.S intelligence warned Trump in January and February but he dismissed threat

By CNN,

President Donald Trump ignored reports from US intelligence agencies starting in January that warned of the scale and intensity of the coronavirus out...

coronavirus , President Donald Trump , The Washington post

Shilling drops to lowest level since September 2015

By Kepha Muiruri,

The Kenya shilling dropped to its lowest level in valuation against the US dollar crossing the Ksh.105 mark on Thursday for the first time since Septe...

Central Bank of Kenya (CBK) , coronavirus , kenyan shilling

Treasury raises Ksh.22.9 billion in March bond sale

By Kepha Muiruri,

The National Treasury has raised a total of Ksh.22.9 billion in new borrowing through its March bond sale. The near month long auction saw bids wor...

domestic borrowing , National Treasury

Maj-Gen Mohamed Abdala takes charge of Nairobi County functions

By Benjamin Muriuki,

The National Government has officially taken charge of the key functions of the Nairobi County Government that were handed over by embattled Governor ...

Maj-Gen Mohamed Abdala , Sonko

OPINION: Somaliland: Politics against investment

By Citizen Reporter,

Somaliland, a de facto country that has been seeking international recognition and praised for its democratization process, free market based economy,...

Bashe Omar , economy , investment , Politics , Somaliland

Coronavirus: Investors move funds to National Treasury

By Kepha Muiruri,

Jitters surrounding the coronavirus outbreak has pushed investors into packing more funds in the National Treasury as participants flee the alternativ...

coronavirus , government borrowing

Kenyan economy braces for impact after first coronavirus case

By Kepha Muiruri,

The local economy is bracing for an unprecedented impact with the first case of the novel coronavirus that was reported on Friday. Economic risks h...

CBK , coronavirus

Coronavirus: Ksh.119.6B wiped out at NSE as markets tumble

By Kepha Muiruri,

Investors at the Nairobi Securities Exchange (NSE) lost Ksh.119.6 billion in value as the domestic markets tumbled on the back of Kenya’s first conf...

Absa , coronavirus , Equity , KCB , nairobi stock exchange , nse

Coronavirus: Nairobi Stock Exchange suspends trading as stocks plunge

By Citizen Reporter,

The Nairobi Stocks Exchange suspended trading on Friday afternoon as markets fell hard following the confirmation of Kenya's first ever coronavirus ca...

coronavirus , Nairobi Stocks Exchange , nse

DCI detectives raid Goldenscape offices, round up employees

By Hassan Mugambi,

Detectives from the Directorate of Criminal Investigations (DCI) on Thursday raided Goldenscape Agribusiness Investment offices in Karen, Nairobi and ...

Goldenscape

Coronavirus may force Americans to avoid crowds and cancel cruises

By Reuters,

Older Americans, especially those with chronic medical concerns, should probably avoid big social gatherings and airline flights, given the rapid spre...

Bernie Sanders , coronavirus , Joe Biden , Senator Ted Cruz

Lufthansa cancels over 7,000 flights over coronavirus concerns

By CNN,

Lufthansa is grounding planes and canceling flights as the coronavirus outbreak spreads in Europe. The German airline said Thursday it has canceled...

coronavirus

CBK reserves remain unchanged amid dollar-demand pressure

By Kepha Muiruri,

Central Bank of Kenya (CBK) usable foreign exchange remained barely unchanged in the week ending Friday even as the reserve bank shopped for dollars f...

CBK

CCTV footage links DP Ruto’s murdered guard Kenei to Ksh.39B arms scam

By Benjamin Muriuki,

CCTV footage from Deputy President William Ruto's office now suggests that murdered Sergeant Kipyegon Kenei was part of the fake military equipment te...

George Kinoti , Hrambee House Annex , Kipyegon Kenei

Grand theft? Goldenscape investors yet to be paid since November 2019

By Enock Sikolia,

Goldenscape CEO Peter Wangai made an impression on many potential agribusiness investors. They were fascinated by the returns his company promised. ...

Goldenscape

Treasury targets Ksh.50 billion in March bond sale

By Kepha Muiruri,

The National Treasury has set its sights on raising Ksh.50 billion from the domestic credit market through its routine monthly bond sale. Proceeds ...

WHO boss gives new warning on coronavirus

By CNN,

The head of the World Health Organization (WHO) said that public health officials are operating in "unchartered territory" as they combat the spread o...

coronavirus

DCI detectives raid ex-Sports CS Rashid Echesa’s Karen home

By Hassan Mugambi,

Detectives from the Directorate of Criminal Investigations (DCI) have raided the home of embattled former Sports Cabinet Secretary Rashid Echesa in Ka...

DCI , Karen , Rashid Echesa