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How mortgages complicate divorce. Who takes the house and who pays?

Nairobi, May 5 -- On paper, divorce marks the end of a marriage, but in reality, it is usually the start of a long and complicated financial separation. For instance, couples are finding themselves bo... Read More


What is private credit and why is it raising concerns?

Nairobi, May 5 -- Private credit has grown in prominence since the 2009 financial crisis that prompted banks to tighten lending standards. Following recent high-profile defaults in the US - notably T... Read More


SIC Investment plans land sale to compensate investors

Nairobi, May 5 -- Cash-strapped SIC Investment Co-operative plans to offload its undeveloped land to ease liquidity pressures and pay millions of shillings owed to investors. The co-operative, which ... Read More


Court blocks arrest of lawyer over Sh1m bribery claim in Tuju case

Nairobi, May 5 -- The High Court has temporarily barred the arrest and prosecution of a Nairobi lawyer over alleged Sh1 million bribery claims linked to a judge handling a commercial case involving fo... Read More


Multichoice stopped from taking Sh895m construction dispute to Supreme Court

Nairobi, May 5 -- The Court of Appeal has declined MultiChoice Kenya's bid to escalate a construction dispute to the Supreme Court, where it sought to quash criminal charges against two experts it rel... Read More


Express Kenya sells its land for Sh300m to boost cash position

Nairobi, May 5 -- Express Kenya has disclosed the sale of a portion of its land holdings for Sh300 million in an effort to raise funds to clear its debt obligations and improve its cash position. The... Read More


Taifa Gas' Mombasa plant to start operations in coming months

Nairobi, May 5 -- Taifa Gas is preparing to commission its 30,000 metric tonnes liquefied petroleum gas (LPG) plant in Mombasa, in what will see the firm take on two dominant players. Rostam Aziz, th... Read More


ATM use hits all-time low on shift to cashless banking

Nairobi, May 5 -- The usage of automatic teller machines (ATMs) has dropped to the lowest level since the Central Bank of Kenya (CBK) began reporting the transactions, underscoring the impact of a shi... Read More


US lists Kenya among key markets for fake medicines, electronics

Nairobi, May 5 -- The United States has flagged Kenya as a key destination and transit point in the global trade of counterfeit goods, placing the country at the centre of an illicit network thriving ... Read More


City Hall softens stance, to pay Kenya Power Sh1.55bn

Nairobi, May 5 -- The Nairobi County government has agreed to pay Sh1.55 billion as part of a debt to Kenya Power, softening an earlier hardline stance that triggered a retaliatory standoff between th... Read More