Debts Now Threaten To Collapse Logistics Company Multiple Hauliers
Logistics company Multiple Hauliers is facing collapse following a Ksh14 billion debt owed to several creditors, who are now seeking a court nod to auction...
Category : Business
War Over Tenders Tears Safaricom Top Management Apart As Plot To Force Ndegwa Out Hatched
War over Tenders has ensued at Safaricom limited and nothing to smile about at the leading Telco in East Africa if what is happening behind...
Cytonn Investors Are Running Out Of Patience With The Firm
Last month, Cytonn Investments sued John Matheka – one of its investors – claiming Sh17 million for defamation after serving him a cease and desist...
After Running Down Tuskys, Former CEO Gichua Lands Another Job With A Retailer
Dan Githua, the former Tuskys Supermarket boss, has finally landed a new prestigious job with another online retail venture. Githua who is still struggling to...
Kenya StarTimes To Be Switched Off
The fate of thousands of StarTimes, digital TV box users hang in balance after a media firm moved to court to wind it up over...
Silverstone Air Rebrands As Renegade Air
Embattled Airline Silverstone seem to have found a way to comeback to the Kenyan skies after an imposed engine halts following numerous sell accidents that...
If You’re Using Total Cylinder Hose Pipes You Need To Be Worried For Your Safety
Total Kenya has issued a public safety warning even as it recalled some of its Liquefied Petroleum Gas (LPG) hose pipes. In a public notice,...
PayPal Nightmare Experiences Leave Kenyan Writers, Online Freelancers Broke & Distressed
PayPal’s online payments system is used by millions around the world. Many of those who use the service on a near-daily basis offer services online;...
Struggling Absa Bank Sending Home 250 Employees
Struggling bank Absa Kenya (formerly Barclays) is on a retrenchment spree. According to sources, the bank plans to fire about 250 staff members in a...
Investors Say In Court That Shaky Cytonn Stopped Paying Interest On Their Investments In 2020
They accuse the firm of of deception for not disclosing its shaky financial position contrary to the Consumer Act 2012. The investors say Cytonn stopped...