Business Archives - Page 6 of 20

Heartbroken Husband Documents Sexual Affairs And Illicit Relationships At Co-Operative Bank’s Top Management Questioning Its Integrity

nairobi-exposedMarch 9, 2022March 9, 2022

by nairobi-exposedMarch 9, 2022March 9, 20220587

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...

Business

Fear Of Financial Ill Health At Centum Investment Company

nairobi-exposedFebruary 1, 2022February 1, 2022

by nairobi-exposedFebruary 1, 2022February 1, 20220759

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...

Business Corruption

Audit Report by Deloitte Reveal Massive theft at Stima Sacco

nairobi-exposedJanuary 24, 2022January 24, 2022

by nairobi-exposedJanuary 24, 2022January 24, 20220672

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...

Business

KOT Fry KFC Over Imported Potatoes

nairobi-exposedJanuary 4, 2022January 4, 2022

by nairobi-exposedJanuary 4, 2022January 4, 20220833

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...

Business

CitiBank On The Spot Over Sh127M Tax Evasion

nairobi-exposedDecember 28, 2021December 28, 2021

by nairobi-exposedDecember 28, 2021December 28, 20210544

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...

Business

Little Hope For Deep-Pocketed Depositors In Fallen Imperial Bank

nairobi-exposedDecember 12, 2021December 12, 2021

by nairobi-exposedDecember 12, 2021December 12, 20210624

Deep-pocketed depositors in Imperial Bank, now under liquidation, are combing through history for hope. But there is little of it. Previous financial institutions that have gone...

Business Exposed

Insider View Details The Insanity At Centum Investment By CEO James Mworia

nairobi-exposedNovember 10, 2021November 11, 2021

by nairobi-exposedNovember 10, 2021November 11, 202101411

This letter will layout the sham of leadership and management that has been going on at Centum Investment Company. You will need to carefully analyze...

Business

Mitumba Traders To Be Evicted From Gikomba

nairobi-exposedNovember 7, 2021November 7, 2021

by nairobi-exposedNovember 7, 2021November 7, 20210603

The Nairobi Metropolitan Services (NMS) has received court’s nod to evict a section of traders dealing with secondhand clothes within Gikomba open air market to...

Business

Suspicious demand by Narendra Raval attracts the attention of Competition Authority

nairobi-exposedOctober 22, 2021October 22, 2021

by nairobi-exposedOctober 22, 2021October 22, 20210757

Mr Narendra Raval is not only one of the wealthiest men in the country, but also one of the most powerful, and head of the...

Business

Big Blow To Cytonn As Panicked Investors Rush To Withdraw Sh188.3M

nairobi-exposedOctober 22, 2021October 22, 2021

by nairobi-exposedOctober 22, 2021October 22, 20210544

IN SUMMARY Investors withdrew Sh188.3 million from Cytonn Unit Trust Scheme which suffered the biggest outflow in the quarter ended June, according to data from...