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Cytonn fails to stop auction of Ruaka property in Sh1bn loan dispute

Nairobi, June 1 -- Cytonn Integrated Project LLP has failed in its bid to stop SBM Bank (K) Ltd from auctioning part of its property in Ruaka, Kiambu County, to recover a debt exceeding Sh1 billion. ... Read More


Heineken fights interest on Sh1.47bn Kiuna payment award

Nairobi, May 31 -- Dutch brewer Heineken has moved to the Court of Appeal to challenge the inclusion of interest in a Sh1.47 billion compensation award to tycoon Ngugi Kiuna arising from the terminati... Read More


Stabex to supply Sh458m fuel as Rubis loses case

Nairobi, May 28 -- Rubis Energy has failed to overturn a Sh458 million tender for fuel supply awarded to rival firm Stabex International after the Public Procurement Administrative Review Board (PPARB... Read More


KRC cleared to award tender for Nairobi central station

Nairobi, May 27 -- Kenya Railways Corporation (KRC) has been cleared to proceed with the award of an Sh817 million consultancy tender to Mace YMR LLP for the design and construction of the Nairobi Rai... Read More


Inside the battle between Kakuzi directors and CMA

Nairobi, May 27 -- A long-running dispute between agribusiness firm Kakuzi Plc and the Capital Markets Authority (CMA) has escalated to the Court of Appeal, pitting the company's board of directors ag... Read More


KenGen cleared to launch auction of carbon credits

Nairobi, May 26 -- The High Court has given Kenya Electricity Generating Company (KenGen) the greenlight to proceed with a Sh2.5 billion tender for sale of 6.38 million carbon credits after dismissing... Read More


Prudential Life sued by ex-manager for Sh308m

Nairobi, May 26 -- A former branch manager at Prudential Life Assurance Kenya Ltd has moved to the High Court, seeking Sh308 million from the insurer claiming unlawfully termination of his contract mo... Read More


Credit Bank sues Moses Kuria over Sh72m default

Nairobi, May 24 -- Credit Bank has moved to court seeking to recover Sh72 million from former Cabinet Secretary Moses Kuria and a company linked to him for loans advanced to them about seven years ago... Read More