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How Treasury officials stole Sh1.5 billion from UN project

Nairobi, June 18 -- Some senior officials of the National Treasury and their cronies have been hit with asset seizures, including buildings and bank accounts, after investigations unearthed the embezz... और पढ़ें


Zakhem seeks Sh10.9bn from KPC on pipeline project delays

Nairobi, June 17 -- Lebanese contractor Zakhem International Construction Limited has moved to court seeking more than Sh10.9 billion from Kenya Pipeline Company (KPC), citing delays in the constructi... और पढ़ें


Mary Wambui ordered to pay Sh100m to Equity Bank, save Glee Hotel

Nairobi, June 13 -- Businesswoman Mary Wambui Mungai was ordered to pay Sh100 million to Equity Bank within seven days of June 5 to save her luxury Glee Hotel in Nairobi's Runda estate from auction. ... और पढ़ें


Microfinancier ordered to refund Sh150m on botched guarantee scheme

Nairobi, June 10 -- A microfinance institution has been ordered to refund Sh150 million to the Youth Enterprise Development Fund after the High Court found it had breached the terms of a credit guaran... और पढ़ें


Tribunal backs KRA tax demands from dividend payouts in dispute

Nairobi, June 9 -- The Tax Appeal Tribunal has endorsed tax liability assessments based on dividend payouts by corporates. This decision would embolden the Kenya Revenue Authority (KRA) to pursue corp... और पढ़ें


Court stops CMA summons against Kakuzi directors pending ruling

Nairobi, June 9 -- The Court of Appeal has suspended summons issued against eight directors of Kakuzi Ltd in an investigation by the Capital Markets Authority (CMA) into alleged conflict of interest a... और पढ़ें


Bomas escapes bid to attach more bank accounts in Sh104m debt suit

Nairobi, June 8 -- The High Court has struck out a fresh application by Standard Investment Bank (SIB) seeking to attach additional bank accounts belonging to Bomas of Kenya in a bid to recover a Sh10... और पढ़ें


State seeks to lift orders freezing Sh204bn Safaricom stake sale

Nairobi, June 4 -- The government has moved to the Court of Appeal seeking to lift orders that froze the sale of a 15 percent stake in Safaricom Plc to the parent firm, Vodacom Group Limited, warning ... और पढ़ें


Kenya Railways defends Sh12bn city rail project

Nairobi, June 2 -- Kenya Railways Corporation (KRC) has defended the Sh12 billion Riruta-Ngong commuter metre gauge railway project, arguing that it complied with all legal and procedural requirements... और पढ़ें


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. ... और पढ़ें