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... Read More
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... Read More
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. ... Read More
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... Read More
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... Read More
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... Read More
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... Read More
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 ... Read More
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... Read More
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