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14 Riverside owners suffer new blow in Sh10.6 billion debt fight

Nairobi, Oct. 22 -- The High Court dismissed a petition by the owners of Nairobi's 14 Riverside complex, which houses the DusitD2 hotel, challenging part of the Banking Act that excludes judgment debt... Read More


Karauri, Quiver owner grabs quarter of matatu insurance

Nairobi, Oct. 22 -- An insurer backed by Quiver Lounge & Grill owner Peter Mbugua and SportPesa CEO Ronald Karauri has captured a quarter of Kenya's matatu insurance market barely 18 months after ente... Read More


Why Dangote finds the going easier under Ruto

Nairobi, Oct. 22 -- Africa's richest man Aliko Dangote has recently made a major push into the Kenyan market with multi-billion shilling deals, following earlier setbacks under former President Uhuru ... Read More


Court rejects ex-Safaricom worker claim after being axed on medical fraud

Nairobi, Oct. 22 -- The Employment and Labour Relations Court has dismissed a former Safaricom employee's claim for Sh35 million following her dismissal over alleged misuse of medical insurance benefi... Read More


Kenyan lenders fall off list of fastest-growing banks in Africa

Nairobi, Oct. 22 -- Kenyan banks fell off the list of the fastest-growing lenders in Africa, a new ranking by Financial Times (FT) showed, partly due to a stable shilling against the dollar. The FT's... Read More


Meet Mercy Mutemi, the bold lawyer taking on big tech companies

Nairobi, Oct. 22 -- What is that gut decision you made that was difficult or unpopular, but taught you the most? Starting my own law firm at 25 years old was extremely unpopular. Senior advisers and ... Read More


362,846 more workers to be exempted from income tax

Nairobi, Oct. 22 -- An extra 362,846 formal sector workers will be exempted from paying taxes under the ongoing review of income taxes that will see those earning over Sh50,000 pay more. Treasury Cab... Read More


Kenya buys London chancery in Sh2.8billon deal

Nairobi, Oct. 22 -- Kenya has bought a building hosting its High Commission in London for £16,250,000 (Sh2.8 billion) as Nairobi shifts to property ownership for its diplomatic missions abroad to... Read More


Barely 18 month-old Definite Assurance captures quarter of matatu insurance market

Nairobi, Oct. 22 -- An insurer backed by Quiver Lounge & Grill owner Peter Mbugua and SportPesa CEO Ronald Karauri has captured a quarter of Kenya's matatu insurance market barely 18 months after ente... Read More


Businesses cash in on Kenyans' growing dumplings appetite

Nairobi, Oct. 22 -- The first time Caroline Mungiria tasted dumplings, a traditional Chinese dish made from dough wrappers filled with meat, seafood or vegetables, she knew she had discovered somethin... Read More