Business Archives - Page 16 of 20

KRA Will Now Access Your M-PESA And Bank Records As They Spy On Tax Evaders

nairobi-exposedMay 1, 2020May 1, 2020

by nairobi-exposedMay 1, 2020May 1, 202001016

The Kenya Revenue Authority (KRA) has regained powers to seek workers’ and businesses’ financial transactions from third parties like banks, mobile telephone firms and schools...

Business Corridors Of Power

Peter Kenneth, Ambrose Rachier And Mohamed Jaffer Make Away With Billions From Mayfair Bank Sale

nairobi-exposedApril 30, 2020April 30, 2020

by nairobi-exposedApril 30, 2020April 30, 202001386

The acquisition of Mayfair Bank by Commercial International Bank Egypt is expected to strengthen the capital base and lending business for the Kenyan financial institution...

Business

Kenyans Have Redeemed Sh131M Of Safaricom’s Bonga Points To Buy Food

nairobi-exposedApril 28, 2020April 30, 2020

by nairobi-exposedApril 28, 2020April 30, 20200680

This was the first time since 2016 for the value of revenue tied up in Bonga Points to drop, with Safaricom attributing the decline on...

Business

Capital Investments Authority Cautions Investors Against Investing With Unlicensed Fund Management Firms As They Respond On Cytonn’s Case

nairobi-exposedApril 23, 2020April 23, 2020

by nairobi-exposedApril 23, 2020April 23, 20200609

CMA cautions investors against investing through unlicensed firms offering Fund Management and Investment Advisory Services In line with its investor protection mandate, the Capital Markets...

Business

Villacare MD Daniel Ojijo Accused Of Mistreating Staff

nairobi-exposedApril 23, 2020April 23, 2020

by nairobi-exposedApril 23, 2020April 23, 202001743

Below is a letter sent to us from the staff of the firm. We have not been paid since February and the boss is happy...

Business

Rot At Kitale-Based Transnational Times Sacco

nairobi-exposedApril 22, 2020April 22, 2020

by nairobi-exposedApril 22, 2020April 22, 202001034

An invitation for bidders dated November 12 2019 being quotation for Trans National Times Sacco Limited based in Kitale, Trans Nzoia county has come to...

Business

Kenya Airways Resumes Flights To London But You Must Rest For Coronavirus First

nairobi-exposedApril 21, 2020April 21, 2020

by nairobi-exposedApril 21, 2020April 21, 20200560

Kenya Airways (KQ) on Tuesday announced scheduled flights from Nairobi to London and back. “Kenya Airways offers you an opportunity to reunite with your loved...

Business

Unmasking Getrude Wambuga the Queen of Diamond Trust Bank

nairobi-exposedApril 21, 2020April 21, 2020

by nairobi-exposedApril 21, 2020April 21, 202001197

A section of staff at Diamond Trust Bank Kenya Ltd are up in arms with one of the managers, Getrude Wambuga. According to an insider,...

Business

Cytonn Has Blocked Investors From Withdrawing Their Cash

nairobi-exposedApril 20, 2020April 20, 2020

by nairobi-exposedApril 20, 2020April 20, 202001042

Individuals who bought into Cytonn High Yielding Fund, invested in real estate projects, will have to wait longer before they can recoup their investments. This...

Business

CBK Locks Out Unregulated Lenders Such As Tala, Branch And Okash From CRB Listing

nairobi-exposedApril 15, 2020April 15, 2020

by nairobi-exposedApril 15, 2020April 15, 202001176

The Central Bank of Kenya (CBK) has barred unregulated digital mobile lenders from forwarding the names of loan defaulters to credit reference bureaus (CRBs) and...