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KenGen risks losing Sh363m in Stima Investment Co-op

Nairobi, Nov. 3 -- KenGen risks losing its investment of more than Sh363 million in the form of fixed deposits in Stima Investment Co-operative Society after the latter failed to repay the amount to t... Read More


IFC to borrow Sh13bn for new Kenya investments

Nairobi, Nov. 3 -- The International Finance Corporation (IFC) is set to borrow up to Sh12.99 billion in the short term to fund new investments in Kenya. The global financier sometimes funds its inve... Read More


Staff battling cancer wins retirement benefits fight after Sh2.5m fraud row

Nairobi, Nov. 3 -- A banker who spent more than three decades building his career found himself fighting to protect his livelihood and retirement after an ATM fraud investigation unfolded against the ... Read More


Health workers go 19 months without pay

Nairobi, Nov. 3 -- Dozens of health workers hired under a Global Fund programme have gone unpaid for 19 months, forcing some to abandon medical treatment, pull children out of school, or rely on spous... Read More


Safaricom, Airtel face upfront spectrum fee payments in proposed changes

Nairobi, Nov. 3 -- Telecommunication companies, including Safaricom, Airtel, and Telkom Kenya, will pay billions of shillings upfront for radio frequency rights if Parliament approves a proposal by th... Read More


Kenyan websites suffer blow as hackers exploit AI

Nairobi, Nov. 3 -- Cyberattacks targeting websites and web-based applications in Kenya have jumped 163 percent in a year, as criminals use artificial intelligence (AI) to identify software weaknesses ... Read More


Carrefour shuts CBD store four years later

Nairobi, Nov. 3 -- Supermarket chain Carrefour has shut its Comet House outlet in Nairobi's Central Business District, four years after opening the store seeking to challenge its well-established comp... Read More


How AI is changing how home appliances work

Nairobi, Nov. 2 -- In a traditional home, a refrigerator keeps food cold until someone adjusts its settings, a washing machine runs on a manually selected programme, and a dishwasher completes the sam... Read More


Supreme Court to hear Sh17bn Narok investor award appeal

Nairobi, Nov. 2 -- The Supreme Court has agreed to hear an appeal by the Attorney-General challenging a Sh17.3 billion award to a Narok investor over the State's failure to stop the invasion of his ra... Read More


Insurance executive who never had to apply for a job

Nairobi, Nov. 2 -- The next move in Patrick Tumbo's career was often decided before he began looking for one. Over 36 years in insurance, employers came to him with offers, drawn by his reputation for... Read More