Safaricom’s Karen Basiye Fingered In Serious Corruption Allegations
In the quiet corridors of Safaricom’s social impact machinery, where billions of shillings are meant to build classrooms, equip hospitals and dig boreholes for Kenya’s...
Category : Business
Safaricom Faces Sh500 Million Employment Dispute Risk Under Florence Nyokabi
Trouble is brewing deep inside Safaricom, Kenya’s dominant telecommunications giant, where staff accounts point to a mounting crisis of confidence in the human resources leadership...
How Quickmart’s Sh15 Billion IPO Could Leave Investors With Nothing
The supermarket chain’s blockbuster listing raises tough questions over who really benefits from the Sh30 billion valuation, billions in shareholder payouts, supplier financing and the...
How Naivas Turned Against FlexPay After Sh3 Billion Partnership
What began as a lucrative five-year partnership between Naivas and fintech firm FlexPay has ended in a bitter commercial dispute, competing fraud allegations, police investigations...
Absa Executive Sitoyo Lopokoiyit Struggles To Whitewash His Tainted Stint At Safaricom
The glowing “M-Pesa pioneer” profiles omit a Sh1.4 billion judgment, disputed SportPesa payment transfers and a controversial Safaricom data operation in which his name appears...
Peter Muthoka’s Sh2.5 Billion JKIA Windfall Reopens the Murky KAA Land Loan Saga
The sale of Peter Wambua Muthoka’s airport cargo business to Turkish aviation giant Çelebi has turned a long-running Kenyan corporate saga into a multibillion-shilling exit....
Safaricom Faces Fresh Privacy Storm After Customer Is Forced to Court to Discover Who Accessed Her Data
Safaricom is facing renewed scrutiny over the handling of customer data after a subscriber was forced to go to the High Court to find out...
EXPOSED: KCB Trapped His Millions, Paid Itself First, Auctioned His Shop and Left Him Afraid He Will Die In His Sleep
Powel Oyugi says the acid in his chest is so bad he is afraid he will be found dead in his sleep. His children are...
EXPOSED: KCB Trapped His Millions, Paid Itself First, Auctioned His Shop and Left Him Afraid He Will Die In His Sleep
Powel Oyugi says the acid in his chest is so bad he is afraid he will be found dead in his sleep. His children are...
Bank of Baroda Battles Bank Run Fears as Sh2.996 Billion Court Fight Fuels Panic
Bank of Baroda (Kenya) Limited has been forced into an unusual public defence of its existence after rumours that the lender was preparing to shut...