The Court of Appeal has dealt a huge blow to the Kenya Railways Corporation after it ruled that it failed to comply with the law when procuring the St...
The 2020/2021 budget barely differs with its predecessor as the total spend rounds off to Ksh, 2.73 trillion from Ksh.2.78 trillion last year. The ...
The National Assembly Budget and Appropriations Committee (BAC) has proposed ammendments to the 2020/21 expenditure estimates that will see a cumulati...
The NCBA Group PLC (NCBA) has recorded a pre-tax profit of Ksh. 2.4billion for the quarter ending March 31, 2020. Total operating income for the qu...
The Government has released Ksh.4.37 billion for payment to beneficiaries enrolled in the cash transfer programmes. The money, channeled through th...
Centum Investment has set aside Ksh.2.1 billion as provision for the eventuality of a loss from its funding of the distressed Amu Power Company. Th...
Stanbic Bank parent company- the Stanbic Africa Holding Limited (SAHL) (UK) is set to retain its minority investors for at least another year even as ...
Consolidated Bank bond holders have voted to side with the lender’s pushed repayment of their Ksh.1.6 billion, seven-year held maturing notes plus i...
Kiambu County Government has admitted to having not followed proper procedure in making a supplementary budget seeking Ksh.16.5 billion for the curren...
Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller maker of helping fuel an opioid abuse epide...
The crackdown on suspected electronic banking fraudsters has intensified with four more suspects being arraigned in court on Friday. Damaris Muthei...
Kenya’s exports to the United Kingdom (UK) declined in value by 20 percent between 2009 and 2016 pointing to the country’s diminishing export edge...
The alleged benefactors of the Ksh.468 million National Youth Service (NYS) loot can now be revealed according to a charge sheet that is set to be use...
High Court Judge George Odunga has temporarily suspended the Public Procurement Administrative Review Board (PPARB) decision that nullified the curr...
Uchumi Supermarkets restructuring efforts have began bearing fruit with the retailer narrowing its full year to June loss by 39 percent. In the lat...
Civil rights activist Okiya Omtatah has filed a petition at the Environment and Lands Court in Nakuru High Court protesting the alleged grab...
National Bank of Kenya (NBK) has recorded a 76.8 percent slump in its third quarter net profit. During the period ended September, the bank’s net...
President Uhuru Kenyatta has called on the Coalition for Reforms and Democracy (CORD) leader, Raila Odinga, to substantiate allegations that some proc...
CORD leader Raila Odinga has cautioned international financial institutions and investors against buying into Kenya’s second Eurobond proposed to be...
Football Kenya Federation (FKF)’s appointed auditor, Alloys Otieno, has rejected payment of over Ksh30.80m owed to former president, Sam Nyamweya th...