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Audit flags drugs distributed to hospitals without proof of tests

Nairobi, July 27 -- An audit has revealed that medical drugs were distributed to public hospitals without proof of mandatory quality testing in the financial year ending June 2025, marking a second su... Read More


More wealthy Kenyans buy second homes in Johannesburg instead of New York

Nairobi, July 27 -- For decades, the address mattered as much as the house itself. If Kenya's wealthy bought a second home abroad, chances were it overlooked Manhattan's skyline, London's parks or Dub... Read More


Africa's food insecurity has eased; make the gains hard to reverse

Nairobi, July 27 -- Across Africa last year, fewer people were uncertain about obtaining adequate food or were forced to reduce the quality and quantity of what they ate. The hunger rate fell for the ... Read More


Firms to reveal litigation history, anti-graft oaths in proposed law on public contracts

Nairobi, July 27 -- Kenya will ask firms to reveal their litigation history and anti-corruption oaths before they are contracted for unsolicited public-private partnership (PPP) in the aftermath of th... Read More


SBM Bank receives Sh814m new capital from parent firm

Nairobi, July 27 -- SBM Holdings of Mauritius has made two capital injections in the last six months in its subsidiary SBM Bank Kenya totalling Sh814 million to support business growth. The holding c... Read More


DT Dobie loses Sh1.1bn customs duty fight over State's failed tax promise

Nairobi, July 27 -- Motor dealer DT Dobie Kenya, now in liquidation, has been ordered to pay Sh1.1 billion in customs duty on imported vehicle parts after the National Treasury failed to honour its pr... Read More


How rich Kenyans protect family wealth from predatory spouses

Nairobi, July 27 -- For generations, wealthy families have encouraged their children to marry within similar socio-economic circles, partly to preserve their fortunes. "People naturally meet partners... Read More


Smart AI regulation will power Kenya's next innovation wave

Nairobi, July 27 -- Artificial intelligence (AI) is no longer a technology of the future. It is transforming industries, improving productivity and creating new economic opportunities. For Kenya, the ... Read More


Who pays your loans after you die? A lawyer explains

Nairobi, July 27 -- Many Kenyans spend years building wealth through homes, land, Sacco savings and investments, but far fewer think about what happens to the loans tied to those assets after they die... Read More


Standard Chartered to lease back HQ after sale

Nairobi, July 27 -- Standard Chartered Bank Kenya will remain a tenant at its current headquarters along Westlands Road after selling the property, with the lender set to lease back part of the buildi... Read More