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Tribunal faults tax claim against tycoon's road construction firm

Nairobi, Aug. 25 -- A Tax Appeals Tribunal has overturned a Sh211.4 million tax demand against a road contractor, Nyoro Construction, faulting the taxman for ignoring evidence and double-taxing rental... Read More


Bank asks DCI to probe papers in Sh146bn cash row case

Nairobi, Aug. 25 -- Kenya Commercial Bank (KCB) has asked the Directorate of Criminal Investigations to probe documents filed in court by Foxcapital Investment Ltd as part of a legal tussle over Sh146... Read More


KCB asks DCI to probe papers in Sh146bn cash row case

Nairobi, Aug. 25 -- KCB Bank has asked the Directorate of Criminal Investigations to probe documents filed in court by Foxcapital Investment Ltd as part of a legal tussle over Sh146 billion wired to i... Read More


Employee sues company over transfer to Nairobi months before retirement

Nairobi, Aug. 25 -- Can your employer transfer you just months before retirement? For over 32 years, Philip Mulogosi built his career as a technician at Kenya Pipeline Company (KPC) in Eldoret, where ... Read More


Court backs omission of bankers, politicians from CBK top jobs

Nairobi, Aug. 24 -- The High Court has upheld legal restrictions barring politicians and financial-sector insiders from becoming Central Bank of Kenya (CBK) governor or deputy governor. The court dis... Read More


Fresh review of ex- StanChart staff' pension row legal costs

Nairobi, Aug. 24 -- The High Court has ordered a fresh assessment of legal costs after a tribunal slapped Standard Chartered Bank Kenya with a Sh709 million bill for a case concerning underpaid pensio... Read More


SBM Bank obtains priority in Cytonn's Ruaka assets sale

Nairobi, Aug. 24 -- SBM Bank has won priority in the liquidation of a Cytonn-backed residential development project comprising 477 apartments to recover a Sh650 million loan that went into default six... Read More


Failed burden of proof costs Kenya Power supplier Sh317m tax fight

Nairobi, Aug. 23 -- A Kenya Power supplier has lost a Sh317 million tax dispute after a tribunal upheld the taxman's assessment over unsupported input-tax claims. This brings renewed attention to the ... Read More


How M-Pesa trail settled friendship loan row

Nairobi, Aug. 22 -- The small claims court has ordered a woman to refund her friend Sh995,100 borrowed to secure employment with the Teachers Service Commission (TSC). The court also awarded Lucy Tan... Read More


Agency bosses face court action over ex-NHIF staff pay

Nairobi, Aug. 20 -- The Chief Executive Officers of the Social Health Authority (SHA) and Public Service Commission (PSC) risk personal court action for failing to implement orders to pay exit package... Read More