Over 600,000 people screened for coronavirus in Kenya, random screening starts on Saturday

By Citizen Reporter,

The Kenyan Government has said over 600,000 people have been screened for coronavirus. According to Health CS Mutahi Kagwe, the screening was done ...

coronavirus , COVID-19 , kagwe

Reprieve for Humphrey Kariuki as court hands back his passports, allows him to travel abroad

By Dzuya Walter,

A Nairobi court has temporarily handed back embattled businessman Humphrey Kariuki passports, allowing him to travel abroad for business meetings. ...

Lupita, Graça Machel among Forbes most powerful African women

By Rene Oswere,

Lupita Nyongo is among 50 women listed as the most powerful in Africa, according to Forbes Magazine. In the list are women in business, politics, m...

forbes , Lupita

IWD 2020: Women still suffer gender bias in construction industry

By Kepha Muiruri,

Biases and discrimination have continued to keep women out of the construction industry maintaining the status-quo in the historically male dominated ...

discrimination , gender bias , International Women's Day 2020 , Women in Real Estate (WIRE)

What coronavirus outbreak would mean for Kenya’s economy

By Kepha Muiruri,

Kenya is yet to confirm any cases of the novel coronavirus (COVID-19) with the government emphasizing its intent to retain the status quo. Neverthe...

coronavirus , KEPSA

Sanlam sells off Ksh.450 million property

By Kepha Muiruri,

Insurer Sanlam sold off a property worth Ksh.450 million in  December 2019 as it sought to cut its exposure to the struggling real estate industry. ...

Sanlam Insurance

Nuzrat Sharif arrested for allegedly selling non-existent ‘Simple Homes’

By Tonny Ndungu,

Detectives in Lang'ata have arrested Nuzrat Sharif, the suspect believed to be the mastermind behind a real estate scam dubbed 'Simple Homes'. In a...

Ekeza Sacco , Gakuyo , mortgage , Nuzrat Sharif

A third of Kenyans with side hustles ready to quit day jobs – survey

By Kepha Muiruri,

33 per cent of Kenyans juggling formal jobs alongside entrepreneurial ventures on the side are ready to quit the day jobs this year as the after-work ...

side hustles , smes , unemployment in Kenya

Inside the Uhuru-Trump White House meeting and what it means for Kenya

By VOA,

U.S. President Donald Trump met Thursday with Kenyan President Uhuru Kenyatta at the White House and announced the United States plans to initiate tra...

Uhuru meets Trump

Banks cut bad loans to 12 per cent in crackdown on defaulters

By Kepha Muiruri,

Commercial banks have aggressively gone after loan defaulters trimming their gross performing loans exposure to 12 per cent at the end of December. ...

Banking Sector , CBK , non performing loans (NPLs)

Coffee cherry fund loans to match farmers’ earnings

By Kepha Muiruri,

Coffee farmers will get to borrow as much as they earn annually as the government moves to make operational the proposed coffee cherry revolving fund....

cherry advanced evolving fund , coffee farming in Kenya , KPCU , National Treasury

Commercial bank loans expected to shape economy in 2020 – Report

By Kepha Muiruri,

The filtering in of new loans into the economy is expected to shape growth prospects across the year following the freeing up of credit terms under th...

2020 economic outlook , Cytonn Investment , Kenya's GDP growth rate

Local firms chasing Kenya’s ultra-rich diaspora community

By Kepha Muiruri,

Local firms have doubled down on their efforts to attract Kenya’s ultra-rich diaspora community as they increasingly view the segment as a source of...

CBK , Kenya Diaspora Allliance (KDA) , remittances

Mortgage crisis: Lenders take back homes listed as loan collateral

By Kepha Muiruri,

High-end property developers and owners continue to suffer burnt fingers as lenders intensify the recoveries of bad loans through the auction of colla...

Knight Frank , real estate in Kenya

Tycoon Humphrey Kariuki responds to claims over his Cyprus passport

By Duncan Mutwiri,

Billionaire businessman Humphrey Kariuki has dismissed reports that his Cypriot Passport has been revoked. Mr. Ndegwa, in a statement tried to put ...

Cyprus , DCI , Humphrey Kariuki , Mount Kenya Safari club , Passport , The Hub

Cytonn shelves listing plan, cites depressed stock market

By Kepha Muiruri,

Alternative investments firm Cytonn has put off its public listing plan citing the continued depressed performance of company stocks. The firm whic...

Cytonn Investments , ipo , nse

DCI warns Kenyans against falling for online scams

By Duncan Mutwiri,

Kenyans have been urged to avoid making online transactions with questionable individuals or organizations. This follows an increase in reported ca...

DCI , Online fraud

CBK boss warns banks against taking advantage of Kenyans

By Kepha Muiruri,

Central Bank of Kenya (CBK) Governor Patrick Njoroge has cautioned banks against side-lining borrowers in the aftermath of the interest rate caps repe...

CBK , KBA

UAP, Eaagads issue first profit warnings on expected 2019 earnings

By Kepha Muiruri,

Insurer UAP-Old Mutual and coffee grower Eaagads have become the first publicly trading firms to issue profit warning on expected 2019 earnings. In...

Eaagads , nse , profit warnings , UAP

SWILA: Moral lessons for Mariga in Kibra defeat

By Isaac Swila,

Isaac Swila The budding dream of Kenya’s soccer star MacDonald Mariga of following into the footsteps of Senator Chris Obure of leaping from the fo...

McDonald Mariga