David Ansell retires as Equity Group Board Chair, Prof. Isaac Macharia takes over

By Citizen Reporter,

The Equity Group Board has appointed Prof. Isaac Macharia Equity Group Holdings Board Chairman to take over from David Ansell. Ansell did not offer...

David Ansell , Equity , munga

Sholei implores CS Amina to form Normalization Committee

By Jacob Icia,

Sammy Sholei has joined the bandwagon calling for a Normalization Committee to take over management of Football Kenya Federation (FKF). Sholei slam...

CS Amina Mohamed , Sammy Sholei

Treasury ends annual local borrowing program on a high, raises Ksh.49 billion

By Kepha Muiruri,

The National Treasury has closed its local borrowing program for the year ending June 30 on a high, raising Ksh.49.3 billion against a target of Ksh.4...

Central Bank of Kenya (CBK) , domestic borrowing , National Treasury

Centum retains dividend at Ksh.1.20 per share as profits rise to Ksh.4.6B

By Kepha Muiruri,

Centum Group has retained its shareholder pay out at Ksh. 1.20 a piece or a combined Ksh. 798million after booking a 12 percent growth in the year end...

Centum Group , James Mworia

NSE listed corporate bonds fall to 5 as Centum exits

By Kepha Muiruri,

The number of listed corporate bonds and commercial paper on the Nairobi Security Exchange (NSE) has fallen to five with Centum Investment retiring it...

Capital Markets Authority (CMA) , Centum Investment , corporate bonds

Governor Waiguru rejects MCAs’ amendments to COVID-19 budget

By Johnson Muriithi,

Kirinyaga Governor Anne Waiguru has rejected amendments made by MCAs to the Supplementary II budget that is supposed to accommodate funds for COVID-19...

ANNE WAIGURU , Kirinyaga County.

Can prostitution, the world’s oldest profession, survive the age of social distancing?

By CNN,

Don't kiss. Tell clients to wash their hands before they touch you. Wear a mask. Avoid face-to-face positions. And even: Put on a nurse costume and pu...

COVID-19 , lockdown , prostitution , sex workers , UNAIDS

OPINION: This should be the new normal when protecting our natural capital

By Guest Writer,

By Major (Rtd) Steve Leakono Sun Tzu, one of the greatest military strategists and a renowned philosopher said that the greatest victory is that wh...

Commercial banks stock of bad loans rise to a 13.1 percent high

By Kepha Muiruri,

The quality of assets inside Kenyan banks has continued to deteriorate this year with the stock of bad loans held surging to 13.1 percent in April. ...

Central Bank of Kenya (CBK) , Kenya Bankers Association (KBA) , non-performing loans

Unmasking KPL: League where player contracts are flushed down like toilet tissue

By Jacob Icia,

For years, its been suspected that Kenyan Premier League clubs don't honour contracts between them and their employees, the players. However, it remai...

contracts , Geoffrey Kataka , Kenyan Premier League , Philemon Otieno

OPINION: A Raila-Ruto coalition would be a sure win in 2022

By Guest Writer,

There is no absolute enmity in politics except permanent interests based on individual ambitions. This is the reason why many political leaders cou...

Controversial Raila swearing in

NBK lifts KCB quarterly profit to Ksh.6.3 billion

By Kepha Muiruri,

KCB Group’s recent acquisition of the National Bank of Kenya (NBK) made the difference as it marked an 8.6 percent growth in profit for the first qu...

KCB , NBK

Wanyama: How Tottenham frustrated me

By John Kyanda,

Harambee Stars captain Victor Wanyama says Tottenham Hotspur frustrated his football career in his last year at the club to the extent that he was on ...

frustrated , Impact Montreal , Tottenham Hotspur , Victor Wanyama

Hockey Union rolls out plan to cushion vulnerable players as Covid-19 bites

By Gilbert Kiprotich,

The Kenya Hockey Union (KHU) has begun the process of cushioning needy hockey players in the country amid the COVID-19 pandemic. In an event held T...

COVID-19 , Kenya Hockey Union , Vulnerbale players

Jumia cuts costs, hopes for lockdown boost

By Reuters,

Jumia Technologies reported an almost 7 percent fall in first quarter revenue due to supply chain disruptions, particularly in China. the strugglin...

e-commerce , JUmia

Coronavirus pandemic deepens Kenya’s debt wound

By Kepha Muiruri,

The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...

coronavirus , debt , Ukur Yatani

Kenyan banks forecast drop in new loans as Covid-19 pandemic impacts sector

By Kepha Muiruri,

Local banks expect new loan accounts to shrink significantly in 2020 as the industry prices in the impact of the Covid-19 pandemic. According to a ...

coronavirus , COVID-19 , KBA

KPA Finance boss Patrick Nyoike & co-accused Isaac Obunga freed on Ksh.2M bail

By George Aoko,

Kenya Ports Authority workers Patrick Nyoike and Isaac Obunga have been freed on Ksh. 2million cash bail after they denied charges of fraud. Nyoike...

KPA , Nyoike , obunga

KPA Finance boss Patrick Nyoike, wife Jacinta arrested over Ksh.214M fraud

By Citizen Reporter,

Patrick Nyoike, the General Manager Finance at Kenya Ports Authority (KPA),  and his wife Jacinta Wanjiku Wambugu have been in arrested in Mombasa. ...

KPA , Nyoike

165 Kenyans who were stranded in China due to Covid-19 pandemic arrive at JKIA

By Citizen Reporter,

165 Kenyans who were stranded in China due to the Covid-19 pandemic have arrived at the Jomo Kenyatta International Airport. They had left Guangzho...

coronavirus , guangzhou , serem