Little Hope For Deep-Pocketed Depositors In Fallen Imperial Bank
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...
Category : Business
Insider View Details The Insanity At Centum Investment By CEO James Mworia
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...
Mitumba Traders To Be Evicted From Gikomba
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...
Suspicious demand by Narendra Raval attracts the attention of Competition Authority
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...
Big Blow To Cytonn As Panicked Investors Rush To Withdraw Sh188.3M
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...
Why Cement Makers Shun Devki Group’s Clinker For Expensive Imports
The cost of locally produced clinker is substantially cheaper when compared to imports. Yet, whenever local cement manufacturers require the key material in the manufacture...
WatchDog: Devki On Path To Monopoly In New Proposal
The Kenyan Competition Authority (CAK) has warned the government against enacting billionaire businessman Narendra Raval’s proposal to increase the import duty on clinker, a raw...
Expect M-Pesa disruption on Tuesday for maintenance
All M-Pesa services including airtime purchase shall be temporarily unavailable from Tuesday 11:59pm to 4:00am on Wednesday for a planned maintenance. Customer Notice: Planned M-PESA...
DusitD2 land owner’s Sh703m loan that ballooned to Sh5bn
When Vinay Sanghrajka decided to venture into the real estate industry in 2008, he set his eyes on the high end of the market with...
RIP KPLC: What The Takeover By Board Chair Apopo & The Deterioration Of Service Means
Even before Vivienne Apopo came to chair the board of Kenya Power and Lighting Company, the firm was on its death bed. It was therefore...