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KQ to onboard a strategic investor by end of year, Treasury tells Parliament

Nairobi, Aug. 16 -- Kenya Airways plans to onboard a strategic investor by the end of this year to recapitalise the airline as part of a turnaround strategy. The Treasury said it is working with Keny... Read More


CAK's Sh15 billion demand blocks Diageo's EABL sale

Nairobi, Aug. 16 -- The Competition Authority of Kenya (CAK) is demanding that East Africa Breweries Limited (EABL) establish a Sh15.5 billion reserve fund before approving Diageo's sale of 65 percent... Read More


Pressure on Treasury to revive forex compensation for diplomatic missions

Nairobi, Aug. 13 -- MPs have stepped up pressure on the Treasury to revive a foreign-exchange compensation scheme for Kenya's diplomatic missions abroad to help protect their budgets from the impact o... Read More


Advocates face permit losses for fraudulent business registrations

Nairobi, Aug. 12 -- Advocates and certified secretaries will lose their licenses for fraudulent filings at the Business Registration Service (BRS) under a proposed code of conduct. The move also aims... Read More


Advocates face permit losses for fraudulent business record fraud

Nairobi, Aug. 12 -- Advocates and certified secretaries will lose their licenses for fraudulent filings at the Business Registration Service (BRS) under a proposed code of conduct. The move also aims... Read More


Advocates face permit loses business record fraud fight

Nairobi, Aug. 12 -- Advocates and certified secretaries will lose their licenses for fraudulent filings at the Business Registration Service (BRS) under a proposed code of conduct. The move also aims... Read More


Dangote seeks Sh1.45trn debt for Lamu oil refinery

Nairobi, Aug. 10 -- Africa's richest man, Aliko Dangote, will rely heavily on debt to finance the proposed multi-billion shilling oil refinery in Lamu, with construction of the project expected to beg... Read More


Auditor-General questions billions in public school payments to KESSHA

Nairobi, Aug. 9 -- The Auditor-General has flagged the use of millions of shillings in taxpayers' money to pay subscription fees to the Kenya Secondary School Heads Association (KESSHA), in a far-reac... Read More


From the corner office to the political storm: The Mwangi Wa Iria story

Nairobi, Aug. 9 -- Every Kenyan joins politics with a burning desire for change. In the end, it is politics that changes them - and, often, not for the better. Like many corporate executives whose pr... Read More


How Mary Wambui firm changed ownership amid Sh20bn tenders

Nairobi, Aug. 8 -- Businesswoman Mary Wambui's preferred vehicle for State tenders has undergone several changes to its name, boardroom and shareholding amid its pursuit of nearly Sh20 billion worth o... Read More