Cytonn Managers To Be Charged For Fraud
The Director of Public Prosecutions (DPP) can now charge four executives of Cytonn Investments Management Limited with plundering Sh1 billion from their former employer, the...
Category : Business
Broke: Auctioneers Goes After Struggling Airline Fly 540/FlySax Group Assets
Operations at budget passenger and cargo airline Fly 540 and its sister company East African Air Safaris (FlySax) could soon grind to a halt due...
Centum’s Unending Woes: Another Case On Corporate Greed?
The deal was simple as it was straightforward: get us an investor for our real estate properties and we will pay a fee at the...
Mwalimu Sacco Faced With Troubles In Sale of Troubled Spire Bank
A fresh storm is brewing within the teachers’ Mwalimu Sacco over the planned sale of cash-strapped Spire Bank as new details show that the tutors...
Friction At Higher Ranks Of KCB As CEO Oigara’s Term Is Extended Despite Integrity Queries
There is growing friction within higher ranks of the Kenya Commercial Bank’s (KCB) leadership hierarchy after Board of Directors secretly extended Joshua Oigara’s tenure by...
Heartbroken Husband Documents Sexual Affairs And Illicit Relationships At Co-Operative Bank’s Top Management Questioning Its Integrity
A Nairobi man has gone viral on social media for writing an official complaint to Co-operative bank of Kenya that his wife has been sleeping...
Fear Of Financial Ill Health At Centum Investment Company
Centum Investment Company was recently in thenews for reportedly cutting its losses $6 million in the six months to September 2021 which thegroup’s Chief Executive...
Audit Report by Deloitte Reveal Massive theft at Stima Sacco
Emerging facts indicate that fraudulent activities at Stima are being orchestrated and ruthlessly executed by rogue managers and a section of the Central Management Committee...
KOT Fry KFC Over Imported Potatoes
Kentucky Fried Chicken (KFC), an American fast-food restaurant chain, topped Twitter trends in Kenya on Wednesday, January 4 after it emerged that the franchise does...
CitiBank On The Spot Over Sh127M Tax Evasion
Kenya Revenue Authority (KRA) is embroiled in a court battle with Citibank over a Sh128-million tax demand on services offered to the United Nations. Court...