Family Bank Accused Of Authoring Fake Report To Ouster Ex-CCO, Says They Ruined His Life

Former Family Bank Chief Commercial Officer Kenneth Kaniu has asked the High Court to award him Sh717 million, claiming the lender ruined his career after allegedly authoring a damning report before kicking him out. In his case before Justice Lawrence Mugambi, Kaniu narrates that he was hired by the lender on December 24, 2021, following a […]

How Carrefour Played Kenyan Traders Leading To Record Sh1.1B Fine By Regulator

Majid Al Futtaim, the operator of Carrefour’s supermarket franchise in Kenya, has seen its business model brought under the spotlight again after it was slapped with a record Sh1.1 billion fine by the competition watchdog on Tuesday. The retailer’s operating model of demanding substantial discounts from suppliers first came to light in April 2019 when […]

Drugs From Kenyan Pharmaceutical Firm, Universal Corporation Limited Recalled Over Poor Quality

The Rwanda Food Drug Authority (RFDA) has recalled a Kenyan Pharmaceutical from its stores and this is not the first time the same action is being taken against drugs from the same Kenyan company. According to RFDA, four bulk batches of pink Fluconazole 200mg tablets imported into the country had a white discoloration. “Reference is […]