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KenGen ordered to respond to losing bidder in Sh2.5bn carbon credits tender

Nairobi, Jan. 12 -- The Kenya Electricity Generating Company (KenGen) has been ordered to clarify issues raised by a bidder who lost a Sh2.5 billion tender for the sale of 6.38 million carbon credits.... Read More


Credit Bank cleared to auction Upper Hill land in Sh2 billion loan dispute

Nairobi, Dec. 8 -- Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area -where Africa's tallest building was to be built a few years ago- to recover a debt of more th... Read More


Credit Bank cleared to auction Upper Hill land in Sh2bn loan row

Nairobi, Dec. 8 -- Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area -where Africa's tallest building was to be built a few years ago- to recover a debt of more th... Read More


Ketraco under pressure to pay Sh10bn contractor debt

Nairobi, Nov. 30 -- Kenya Electricity Transmission Company (Ketraco) is under pressure to pay a Spanish company more than Sh10 billion or face liquidation, over a debt arising from a botched contract ... Read More