Audit Reveals Sh6B Fraud At KUSCCO, Board Fired
An audit of the financial records of the Kenya Union of Savings and Credit Co-operatives (Kuscco) has revealed a rot that has cost the organisation...
Category : Business
Predatory Practices? KCB’s Legal Battle Raises Questions About Banking Ethics
NAIROBI, Kenya-In a major legal confrontation, Kenya Commercial Bank (KCB) is facing scrutiny over its aggressive pursuit of Pinewood Beach Resort and Spa, prompting broader...
Airtel Kenya Ltd Accused Of Exploitation By Franchise Partners Unite
Airtel has demanded an exhaustive list of complaints from franchise partners (FPs) following troubling allegations regarding the company’s operational practices. In response to the company’s...
EXPLOSIVE: Whistleblower Unearths Alarming Rot & Corruption Within Absa Bank Kenya
An anonymous informant has peeled back the layers of deception cloaking Absa Bank Kenya – laying bare a cesspool of corruption and malfeasance through a...
Equity Bank’s Executive Arrested In Sh2.2B Heist
The Equity Bank Uganda saga continues to unravel as the investigation into a massive UGX65 billion (Ksh2.2 billion) fraud deepens. The latest development sees the...
Standard Chartered Bank Accused Of Frustrating Customer In Recovering Sh630K From A Hacking Job
A victim of cybercrime has come forward to seek justice after his Standard Chartered Bank account was hacked on February 21st, 2024. Despite attempts to...
Great Wall Residents Facing Eviction
Hundreds of homeowners in Kenya’s flagship affordable housing project could lose their investments after a major bank moved to seize control of the development. Kenya...
US Based Intelligence Agency Wants Ann Rutere’s KCB Accounts Investigated For Alleged Money Laundering In South Sudan
Kenya Commercial Bank (KCB) is on the spot following an investigative report released by US-based agency The Sentry that linked the financial institution to alleged...
Broke: Billionaire Paul Ndung’u’s Getting Auctioned
A residential property belonging to Paul Wanderi Ndung’u, billionaire businessman fighting for his stake in SportPesa, is up for auction. In a notice on Tuesday,...
Authority Finds Unilever Guilty Of Exploiting Smaller Traders
The Competition Authority of Kenya (CAK) has punished consumer giant Unilever Kenya for revising payment terms with tens of its suppliers after a probe revealed...