Business unusual: A dream loan from Mwananchi Credit turns into a nightmare
A simple loan for a dream project has turned into a nightmare for a businessman who is now on the brink of losing his multimillion-shilling...
Category : Business
When it rains, it pours: Auctioneers now target Osewe’s property in debt row
At Ranalo Foods on Kimathi Street in Nairobi, better known by the possessive Luo tag K’Osewe, life never really stopped after the attempted murder of...
CCTV Footage Reveals Fresh Details on Varsity Student’s Death
A student whose death is the subject of a dispute between her mother and the managers of a residential building where she lived did not...
Mystery of Devki paying less for power bills than rivals
Billionaire Narendra Raval’s Devki Group of Companies stands out as one of the leading electricity consumers in the country. In his speed dial is who...
Jaindi Kisero: How Mwalimu Sacco’s Spire Bank could rise
A crunch meeting of delegates of the gigantic Mwalimu National Sacco has been called this Saturday to discuss the state and fate of the loss-making...
Debt-laden Multiple Hauliers in talks with lenders
Troubled Multiple Hauliers is negotiating with NCBA Bank and Synergy Industrial Credit – two lenders that were pushing for the logistics firm’s liquidation over defaulted...
Laico Regency collapses, fires all its employees
Laico Regency which was formerly and popularly known as the Grand Regency is flat broke. The hotel has no signs of ever making a come...
High Court kick starts process of liquidating Cytonn Investment
The High Court has set in motion a process of liquidating Cytonn Investment after it appointed an Insolvency practitioner as administrator of the property of...
Why US Firm Is Being Investigated Over Suspicious Power Deal In Kenya Marred With Corruption.
In July President Uhuru Kenyatta launched a task force chaired by investment banker John Ngumi to review the expensive Power Purchase Agreements (PPAs) entered into...
EABL to stop use of Kenya Power in Sh22bn plan
East Africa Breweries Limited #ticker:EABL (EABL) plans to stop using Kenya Power electricity to drive its Kenyan factories, intensifying the shift by firms to generate...