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Suppliers bleed out from local retailers’ collapse
By Kepha Muiruri, 2002, February 6, 2019 (EAT)
Retail suppliers have taken the heaviest bruising from the failure of Kenya’s long-serving supermarkets which are sinking and taking with them insur...

Association of Kenyan Suppliers , Kimani Rugendo , Retail Traders Association of Kenya (RETRAK) , Willy Kimani
Karuturi loses court immunity in liquidation row
By Kepha Muiruri, 1151, January 26, 2019 (EAT)
Flower farm Karuturi Limited lost its battle to have the Supreme Court put up an injunction to stop Stanbic Bank Plc from attaching itself to company ...

Ian Small , Karuturi Limited , Kieran Day , Muniu Thoithi , Stanbic Bank
Central Bank accepts KCB’s offer for Imperial Bank
By Citizen Reporter, 2118, December 11, 2018 (EAT)
Imperial Bank depositors can now access 12.5% of their deposits after the Central Bank of Kenya and the Kenya Deposit Insurance Company (KDIC) accepte...

Central Bank of Kenya , Imeperial Bank , KCB
DPP Haji hires British attorney for high-profile corruption cases
By Reuters, 1000, December 5, 2018 (EAT)
Kenya has hired a British attorney to prosecute high-profile state corruption cases in an apparent bid by the government of President Uhuru Kenyatta t...

Khawar Qureshi , Noordin Haji , Philomena Mwilu
Leicester City owner, four others were on helicopter that crashed: source
By Reuters, 1949, October 28, 2018 (EAT)
Leicester City soccer club owner Vichai Srivaddhanaprabha, a Thai tycoon, was among five people on board a helicopter that crashed and then exploded a...

Leicester , Thailand , Vichai Srivaddhanaprabha
Uchumi Supermarkets face closure over Ksh.44M debt
By Reuters, 1248, October 19, 2018 (EAT)
A Kenyan company is seeking the dissolution of retailer Uchumi Supermarkets over a Ksh.44.8million debt, according to court documents seen by Reuters....

Carrefour , Uchumi supermarkets
DPP Haji: DCJ Mwilu arrest not part of ‘we shall revisit’ political threats
By Philip Mwaniki, 1800, August 28, 2018 (EAT)
The Director of Public Prosecutions has dismissed allegations that the arrest of Deputy Chief Justice Philomena Mwilu is part of the "we shall revisit...

Chief Justice David Maraga , Deputy Chief Justice Philomena Mwilu , Director of Public Prosecutions. , DPP Noordin Haji , imperial bank
KCB to finalize Imperial Bank deal in September, posts Ksh12bn HY profit
By Reuters, 1453, August 16, 2018 (EAT)
KCB Group expects to finalize a takeover of smaller rival Imperial Bank by the end of September, Kenya’s biggest bank by assets said on Thursday aft...

Acquisition , Central Bank of Kenya , imperial bank , Joshua Oigara , KCB , Kenya Bankers Association , receivership , robin hood tax
Central Bank seeks Imperial Bank receivership extension
By Citizen Reporter, 843, July 27, 2018 (EAT)
The Central Bank of Kenya (CBK) will next week move to court to seek an extension on its control of Imperial Bank. Speaking to a section of deposit...

Abdulmalek Jan Mohammed , banking , Central Bank , depositors , imperial bank , KCB Group , patrick njoroge , receivership
KCB left as sole bidder for Imperial Bank acquisition
By Citizen Reporter, 1846, July 24, 2018 (EAT)
Imperial Bank is set to have a new anchor shareholder to lift it out of a close to three year receivership. This as KCB Kenya has emerged as the le...

Acquisition , assets , banking , bid , Central Bank , chase bank , depositors , imperial bank , KCB , Kenya Deposit Insurance Corporation , liabilities , SBM
Chase Bank to close 10 branches after SBM acquisition
By Werunga Kevin, 1506, July 23, 2018 (EAT)
Chase Bank (in receivership) is set to close 10 of its branches as it transitions into SBM Kenya following its acquisition by the Mauritian lender. ...

Acquisition , Andrew Bainbridge , banking , branch closure , CBK , Central Bank , chase bank , current , Fidelity Bank , mauritius , savings account , SBM Kenya
Treasury reassures central bank on new regulator
By Reuters, 1534, June 21, 2018 (EAT)
Kenya’s proposed financial-markets authority will not infringe on the mandate of the country’s central bank, which has complained the new agency w...

banking , Central Bank of Kenya , Competition , Henry Rotich , Interest Rates , mobile lending , patrick njoroge , regulator , Treasury
Banks to shift to risk based deposit insurance plan
By Kepha Muiruri, 1818, May 9, 2018 (EAT)
Commercial banks insurance premiums on customer deposits could soon rise with plans to move to a new risk based model. Currently banks pay a flat r...

banks , Central Bank of Kenya , consumer confidence , Habil Olaka , INSURANCE , KBA , Kenya Deposit Insurance Corporation , Mohamud Ahmed , risk based supervision
SBM Holdings aims to put Ksh.6bn into Chase Bank
By Reuters, 1704, April 24, 2018 (EAT)
Mauritius' SBM Holdings said on Tuesday it aimed to inject $60 million in capital to Kenya's Chase Bank in a month's time. SBM Holdings Chairman Ki...

assets , banking , capital injection , Central Bank of Kenya , chase bank , investment , Kenya Deposit Insurance Corporation , Ki Chong Li Kwong Wing , SBM Holdings
SBM signs acquisition deal for Chase Bank
By Citizen, 2039, April 17, 2018 (EAT)
Mauritian bank SBM Holdings has concluded the acquisition of Chase Bank, effectively ending the bank’s two year receivership. This after the bank...

branch , CBK , chase bank , expansion , Fidelity Bank , high net worth clients , KDIC , mauritius , receivership , run on deposits , SBM , staff
Lawyer Allen Waiyaki Gichuhi elected LSK president
By Wahome Gitonga, 1212, February 23, 2018 (EAT)
Lawyer Allen Waiyaki Gichuhi is the new president of the Law Society of Kenya (LSK) after emerging the winner in an election held on Thursday. Gich...

James Aggrey Mwamu , LAW SOCIETY OF KENYA , Lawyer Allen Waiyaki Gichuhi , LSK , LSK presidential elections , Ms. Harriette Chiggai , Nelson Havi , Wamae and Allen Advocates
KETRACO awards Sh9.6bn Turkana power line deal to Chinese firms
By Citizen, 1319, January 31, 2018 (EAT)
The Kenya Electricity Transmission Company (KETRACO) has awarded a Sh9.6 billion contract to a group of Chinese companies for the installation of a tr...

Electricity , Fernandes Barasa , Isolux , KETRACO , Lake Turkana Wind Power , NARI Group Corporation , power , Power China Guizhou Engineering Company , power lines , Spain , transmission
Central Bank predicts 5pc inflation in 2018
By Reuters, 944, November 15, 2017 (EAT)
Kenya's central bank governor has said he expects inflation of around 5 percent in 2018 and beyond, less than half the rate it reached earlier this ye...

banking , borrowing , Central Bank of Kenya , Inflation , patrick njoroge , syndicated loan
Jirongo reprieve after court suspends bankruptcy notice
By Mike Njoroge, 1046, October 23, 2017 (EAT)
The High Court has suspended a bankruptcy notice issued against presidential candidate Cyrus Jirongo. Jirongo, who dismissed allegations linking hi...

cyrus jirongo , high court , IEBC , Independent Electoral Boundaries Commission , Jirongo on the ballot after court suspends bankruptcy notice , OCTOBER 26 PRESIDENTIAL ELECTION
I am not bankrupt – Jirongo
By Sally Boyani, 1828, October 11, 2017 (EAT)
Presidential aspirant Cyrus Jirongo has dismissed allegations linking him to bankruptcy. In a letter dated 10th October 2017, addressed to Chief Ju...

cyrus jirongo , Cyrus jirongo declared bankrupt , Cyrus Jirongo dimisses bankruptcy claims , Cyrus Jirongo of the United Democratic Party , former Lugari MP Cyrus Jirongo

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