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Nahashon Mungai: The banker behind Mansa-X, the multi-billion fund

Nairobi, July 5 -- Panama hat. Cream-on-cream monochrome aesthetic. A popular and expensive cologne that conveys, if not power, then success. It's not a menswear line; it is how Nahashon Mungai stride... Read More


Inside the World Bank's tough terms for new loans to Kenya

Nairobi, July 5 -- The World Bank has set more than 10 conditions to unlock a new round of funding for Kenya, including the disclosure of the personal interests of public officials and the publication... Read More


Del Monte loses Sh44m double claim over damaged rail cargo

Nairobi, July 5 -- The High Court has dismissed fruit processor Del Monte Kenya's claim against Kenya Railways Corporation for a consignment of pineapple products damaged in transit, ruling that the c... Read More


KRA eyes billions as third tax amnesty window opens

Nairobi, July 4 -- The Kenya Revenue Authority (KRA) has launched the third cycle of its tax amnesty programme, offering millions of taxpayers a fresh opportunity to clear historical tax liabilities w... Read More


Kenya oil firms face sanctions for bypassing Juba G-to-G fuel deal

Nairobi, July 4 -- South Sudan has flagged illegal fuel shipments from the port of Mombasa as Kenyan oil marketers bypass its Government-to-Government (G-to-G) deal. Correspondence seen by Business D... Read More


LemFi acquires Wealth8 to expand into wealth management and investment service

Nairobi, July 3 -- LemFi, the financial platform for people living and working across borders, has secured approval from the UKʼs Financial Conduct Authority (FCA) for its acquisition of investme... Read More


VukaPay strengthens global payment infrastructure strategy with Bank of Canada PSP registration

Nairobi, July 3 -- Nairobi, Kenya - VukaPay has strengthened its global payment infrastructure strategy through the registration of its Canadian entity, Wirpaid Limited, as a Payment Service Provider ... Read More


Synergy sues I&M Bank for Sh6bn over stalled 14 Riverside sale

Nairobi, July 3 -- The long-running dispute over the planned sale of Nairobi's 14 Riverside complex has taken a fresh turn after Synergy Industrial Credit sued I&M Bank and one of its senior executive... Read More


Court faults HFCB in mortgage row, orders fresh loan audit

Nairobi, July 3 -- Listed mortgage lender HFCB Kenya (formerly HFC, Housing Finance, HF Group) has secured a partial court victory after the High Court overturned an order requiring it to refund a bor... Read More


IEBC manager fails to reverse demotion over data breach

Nairobi, July 2 -- An Independent Electoral and Boundaries Commission (IEBC) manager has lost a court bid to overturn a disciplinary demotion imposed after she was accused of improperly authorising th... Read More