Between May and August 2024, President William Ruto’s administration borrowed a total of Ksh 258.4 billion through 11 loans from both multilateral and...
Finance
City businessman Edwin Ochieng Oduk is at the center of a major fraud case, accused of defrauding a French national of a staggering Ksh12.8 billion in a...
Three months after losing her bid for Nairobi’s governorship, a well-known Kenyan businesswoman entered into a major petroleum deal with a German investor, Uwe...
Treasury Cabinet Secretary John Mbadi has accused the Office of the Controller of Budget, headed by Dr. Margaret Nyakang’o, of engaging in rent-seeking...
Concerns have arisen over Kenya’s potential loss of a multi-million EUR grant from the French Development Agency (AfD) and the European Union (EU), intended to...
KCB Bank, one of East Africa’s largest commercial banks, is involved in a legal dispute in Uganda after a client, Tirupati Development (U) Limited, filed...
A whistleblower from the Kenya Climate Innovation Centre (KCIC) has shed light on the growing dissatisfaction among participants in the AgriBiz program. This...
Uasin Gishu Senator Jackson Mandago and seven others are set to face fresh charges in relation to the Sh50 million Finland education scandal. Detectives were...
Major shareholders in the International Monetary Fund (IMF) are calling on Kenya to request an official IMF assessment of corruption and governance issues in...
The financial world has been rocked by a recent letter from the Central Bank of Kenya (CBK) to the Capital Markets Authority (CMA), highlighting irregular bond...
