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Why big deep-pocketed banks sought rescue loans from CBK

Nairobi, April 13 -- Large banks, including those with deep-pocketed multinational parents, were last year forced to seek rescue loans from the Central Bank of Kenya (CBK), pointing to a major liquidi... Read More


Six counties, Sh33bn unclear spending and auditor's adverse opinion

Nairobi, April 12 -- The Auditor-General has queried expenditure of Sh33.6 billion in six counties she ranked as worst performing on management of public finances, shedding light on the mess that coul... Read More


How Kenya Airways passengers lost Sh4.3 billion on ticket expiry breach

Nairobi, April 12 -- Kenya Airways customers lost Sh4.26 billion last year on failing to use their tickets within the allowed window. The airline discloses in the latest annual report covering the fi... Read More


Concern as 41pc of tea at Mombasa unsold

Nairobi, April 12 -- Over 41 percent of Kenya's tea taken to Mombasa sale in March went unsold, leaving sellers with a growing pile of unsold consignments. Data from the Africa Tea Brokers (ATB) show... Read More


Single day settling of shares traded set to enhance efficiency

Nairobi, April 11 -- Financial markets are shifting again. From the end of May, shares traded in some of the biggest markets - the United States, Canada and Mexico - will be settled in just one busine... Read More


Publish Kenya's latest minerals map and seek well capitalised investors

Nairobi, April 11 -- From the mining sector, what is in the news these days are incidents of artisanal miners scrabbling for space at makeshift mining sites, with occasional fights and accidents that ... Read More


Charting a sustainable mining path

Nairobi, April 11 -- With its vast geological wealth, Kenya stands at the forefront of a pivotal transformation. The nation is navigating a path where economic growth and environmental stewardship int... Read More


Cartel behind Nairobi's legal fees graft

Nairobi, April 11 -- Fraudulent legal fees claims on public institutions have become the new frontier for corruption. Welcome to the world of the phenomenon described in Kiswahili as biashara ya kara... Read More


TikTok moderation firm on the spot over explicit content

Nairobi, April 11 -- A company licensed by TikTok to moderate content in Kenya has found itself on the receiving end from lawmakers, who accuse it of sleeping on the job. Members of the National Asse... Read More


Family mediation: Does your firm have a policy to solve costly conflicts?

Nairobi, April 10 -- Family-owned businesses are businesses, managed and controlled by two or more family members. While there is no universally accepted definition of what a family business is, the g... Read More