The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has warned on the rising misuse of private rental spaces, particularly Airbnb properties, as drug dens. According to NACADA,recent reports indicate that these accommodations are increasingly being used for illicit drug parties, alcohol consumption, and, tragically, fatal overdoses. The alarming trend has been […]
In a landmark ruling that delivers a seismic financial blow to Standard Chartered Bank Kenya, the Court of Appeal has dismissed the lender’s challenge against a directive to pay Sh30 billion (approximately $214 million) in recalculated pensions to 629 former employees, some of whom retired nearly five decades ago. The decision, favoring retirees in a […]
Kenyans depositing money into Savings and Credit Cooperative Societies (Saccos) may soon face tougher questions about where their funds come from, as the government moves to tighten its grip on money laundering under a proposed law. The Anti-Money Laundering and Combating Terrorism Financing Laws (Amendment) Bill, 2025, tabled on March 4 by National Assembly Majority […]
A private company behind the government’s eCitizen platform has continued collecting millions in convenience fees, defying directives from the highest levels of government to relinquish control. Court documents involving the National Treasury reveal that Webmasters Kenya Limited, the firm that developed and operates the digital platform, has ignored state orders, maintaining control of the system […]
Michael Gitonga, alias Tosh, a prominent Nairobi-based forex trader and founder of Trade Sense Limited, has been charged with defrauding clients of Sh215.3 million, marking a dramatic fall from grace for the once-licensed money manager. The allegations come just days after the Capital Markets Authority (CMA) suspended Trade Sense’s operating licence for 90 days on […]
High Court Exposes NCBA’s Legal Breaches in Sh109.5 Million Loan Dispute, Grants Reprieve to Struggling Entrepreneur. In a scathing rebuke to one of Kenya’s largest financial institutions, the High Court has temporarily barred NCBA Bank from auctioning properties belonging to prominent Kisumu businessman George Otieno Otwal, exposing what critics are calling a pattern of predatory […]
Tesla CEO Elon Musk remains the world’s wealthiest person despite losing $62 billion in February, as plunging Tesla shares and public backlash over his federal efficiency role dented his fortune. Meanwhile, Meta’s Mark Zuckerberg climbed to second place for the first time, overtaking Amazon founder Jeff Bezos, in a dramatic reshuffle of the global billionaire […]
Concerns have been raised over the mysterious shutdown of the East African Portland Cement Company (EAPCC) system last week, which brought the company’s operations to a standstill for two days. City lawyer Apollo Mboya has formally written to the government demanding an explanation for the disruption, which he claims has raised serious questions about transparency […]
A court case has revealed how a rogue Equity Bank employee siphoned Sh386.5 million in one month through unauthorized transfers to eight companies. The illegal cash transfers to Ubahashi Traders Limited, Calabash Adventures Limited, Jahnur Investment, Kariye Investment, Flowerish International, Kariye Salah Ali, Hotho Investments, and Sasa Pay Trust took place between May and June […]
Are you an experienced leader in the healthcare sector? The Nairobi Hospital is searching for a visionary CEO to take charge of its operations. If you have the right qualifications, this could be your chance to lead one of East and Central Africa’s premier healthcare institutions. Read on to learn about the job responsibilities, required […]
Lawmakers have launched an investigation into the proposed Sh6 billion deal between the National Oil Corporation (NOC) and French energy giant Rubis Energies Kenya (REK), which would see Rubis take over the state agency’s operations as a non-equity strategic partner. The deal, aimed at revitalizing NOC’s struggling downstream business, has raised eyebrows among members of […]
The Court of Appeal has declined to stay High Court orders regarding the majority coalition in the National Assembly, despite Speaker Moses Wetangula’s decision overturning the declaration on account of autonomy. The Court ruled on Friday that granting a stay order would amount to prematurely endorsing the Speaker’s decision, as the High Court had yet […]
