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I was greedy and stupid, says ICEA manager jailed for theft

Nairobi, Sept. 22 -- A former manager of Insurance Company East Africa (ICEA), jailed for three years for stealing more than Sh62.7 million from his employer, has blamed his criminal act on "greed and... Read More


Ex-ICEA manager jailed for Sh62.8m theft

Nairobi, Sept. 21 -- A court in Nairobi has jailed a former assistant general manager with the Insurance Company of East Africa (ICEA) Lincoln Kivuti Njeru for nine years for stealing Sh62.8 million. ... Read More


Insurance broker accused of stealing Sh11.8m Sanlam premiums

Nairobi, Sept. 18 -- An insurance broker has been charged with stealing, for withholding Sanlam Insurance premiums meant for reinsurance at Waica, Continental, Ghana and CICA Reinsurance companies. C... Read More


Railways trustees get 14-day ultimatum on Sh500m Sonko-linked firm debt

Nairobi, Sept. 17 -- The Retirement Benefits Authority (RBA) has ordered trustees of the Kenya Railways Pension Scheme to explain within 14 days measures it has taken to recover Sh453.9 million owed t... Read More


Sabis ordered to cut fees by 20pc

Nairobi, July 30 -- A Nairobi court has ordered Sabis International School to cut fees it charges its students by 20 percent pending the reopening of schools next year. Parents has sued to block the ... Read More


KRA manager and his wife charged with tax evasion

Nairobi, July 1 -- A senior Kenya Revenue Authority (KRA) manager and his wife were Tuesday charged at the Anti-Corruption Court with evading taxes amounting to Sh38.6 million. Joseph Chege Gikonyo, ... Read More