Naivas Supermarket has strongly refuted allegations of selling expired products and has implied that Nairobi County officials may be attempting to extort bribes from the retail chain under the guise of health inspections. In a strongly-worded press release issued today in Nairobi, the supermarket chain categorically denied claims that expired products were found on their […]
The Energy and Petroleum Regulatory Authority (EPRA) has announced that fuel prices will remain unchanged for the period between May 15th and June 14th, 2025, despite significant decreases in the landing costs of imported petroleum products. In the period under review, the maximum allowed petroleum pump prices for Super Petrol, Diesel and Kerosene is Sh174.73; […]
Africa’s richest man, Aliko Dangote, has deepened his investment footprint in Kenya with his private equity fund acquiring one of the country’s oldest tour operators for an estimated Sh4 billion ($31 million). Alterra Capital, a private equity firm backed by Dangote and other wealthy investors, has fully acquired Pollman’s Tours and Safaris Limited, marking the […]
In a shocking incident that raises serious questions about banking security in Nairobi’s Central Business District, a businessman was robbed of Sh7 million in broad daylight minutes after withdrawing the cash from Absa Bank on Friday morning. The robbery, captured on security cameras, occurred at approximately 9:47 am along the bustling Mama Ngina Street as […]
A Kenyan firm has initiated insolvency proceedings against Lebanese construction company Zakhem International Construction Ltd over an unpaid debt of approximately Sh460 million ($3.56 million), potentially forcing the once-prominent contractor into liquidation. Azicon Kenya Ltd filed the petition in the Nairobi High Court, claiming that Zakhem International has failed to settle the outstanding amount since […]
The Court of Appeal has temporarily stopped a multi-million tender by Kenya Bureau of Standards (Kebs) for the inspection of goods before leaving the exporting country. The appellate court stopped the process, which started in January, after a Kenyan firm- Precision Experts ltd- challenged the process arguing that the tender discriminated against citizen contractors. The […]
A class action lawsuit filed Monday in federal court in Brooklyn accuses spirits giant Diageo of deceptively marketing its popular Casamigos and Don Julio tequila brands as “100% agave” when they allegedly contain significant amounts of cane or other non-agave alcohols. The complaint, filed by consumers from New York and New Jersey along with a […]
A new international airport in Narok County is taking shape, with construction officially underway following President William Ruto’s groundbreaking ceremony on Tuesday. The Sh1.4 billion project, jointly funded by national and county governments, aims to transform access to the world-famous Maasai Mara Game Reserve and boost the region’s tourism economy. The airport, located just 12 […]
KRA Links eTIMS to Fuel Stations to Monitor Motorists’ Fuel Consumption The Kenya Revenue Authority (KRA) has rolled out a major digital tracking system by integrating fuel stations across the country with its electronic Tax Invoice Management System (eTIMS). The eTIMS Fuel Stations System initiative aims to monitor petroleum consumption patterns while cracking down on […]
Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-centre and cold-chain transport firms in the region. But to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have, according to the city’s owners, demanded land worth millions of […]
As the debate on the regulation of betting and gaming firms rages on, the Kenya Revenue Authority (KRA) has published a set of rules which the companies must meet before their operating licenses are renewed In a notice published in MyGov on Tuesday, May 6, 2025, KRA indicated that all licenses issued to betting and […]
NAIROBI — Motorists using the upcoming 440-kilometer Nairobi-Mombasa Expressway will pay between Sh12 and Sh13 per kilometer, significantly less than the Sh18.5 per kilometer charged on the existing Nairobi Expressway, officials revealed yesterday. The announcement came during the release of the project’s feasibility study in Nairobi, where Usahihi Expressway Limited Chairman Kyle McCarter, a former […]