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'Prof Carl' and the failed 2025 investment scheme that preceded QVSE

Nairobi, Sept. 18 -- 'Carl Grindan', the person behind QVSE, the doomed investment scheme that froze millions of shillings of Kenyans' cash, also ran a similar scheme in Kenya last year, it has emerge... Read More


Investors lose Sh93bn in Kenya startup failures

Nairobi, Sept. 16 -- Kenyan startup Twiga Foods has entered administration amid financial turmoil, joining a group of 13 once-promising ventures that have collapsed over the past five years after rais... Read More


Airtel shuts loss-making Kenya fibre unit after two years

Nairobi, Sept. 14 -- Airtel Africa is winding up its Kenyan wholesale internet and fibre-optic subsidiary, two years after it was set up amid struggles to turn a profit. The Registrar of Companies re... Read More


Inside Mombasa's rise as Kenya's key tech hub

Nairobi, Sept. 14 -- For decades, Mombasa's economic fortunes have been closely tied to its port, tourism and trade. Now, a new wave of investment in digital infrastructure is positioning the coastal ... Read More


How influencers use AI to fake corporate brand engagement

Nairobi, Sept. 13 -- A social media influencer campaign can appear to be performing well: tens of posts praising a product, hashtags gaining traction, and an apparent steady stream of consumers talkin... Read More


CMA warns against investments in 15 illegal funds

Nairobi, Sept. 13 -- The Capital Markets Authority (CMA) has warned against investments in 15 funds illegally operating in Kenya, including the popular Global Investment Group (GIG) and Quant Vest Sto... Read More


Centum businesses grapple with loans as parent is debt-free

Nairobi, Sept. 12 -- After many years, Centum Investment Company became a debt-free holding company in the year ended March 2026. The Nairobi Securities Exchange-listed firm had used large amounts of... Read More


How AI is fuelling new wave of misinformation ahead of Kenya's 2027 polls

Nairobi, Sept. 11 -- Artificial intelligence (AI) company Anthropic has revealed how its Claude chatbot was used to mass-produce fake social media posts praising Energy Cabinet Secretary Opiyo Wandayi... Read More


Uber bullish on Kenya after leaving from Uganda, Tanzania

Nairobi, Sept. 9 -- Uber says it sees "strong potential" in Kenya despite high operating and rising fuel costs in its only remaining East African market after exiting Uganda and Tanzania. The America... Read More


Uber bullish on Kenya after pulling out of Uganda, Tanzania

Nairobi, Sept. 9 -- Uber says it sees "strong potential" in Kenya despite high operating and rising fuel costs in its only remaining East African market after exiting Uganda and Tanzania. The America... Read More