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Court faults TUK for illegal deductions on senior lecturer's pay

Nairobi, Jan. 26 -- The Employment and Labour Relations Court has faulted the office of the vice-chancellor of the Technical University of Kenya (TUK) for unlawfully ordering deductions of alleged sal... Read More


Regulator clears buyout of fintech firm Riverbank

Nairobi, Jan. 26 -- The Competition Authority of Kenya (CAK) has approved KCB Group's acquisition of a 75 percent stake in an IT firm associated with former Football Kenya Federation president Nick Mw... Read More


KRA catches 392,162 in tax evasion crackdown

Nairobi, Jan. 26 -- Kenya Revenue Authority (KRA) detectives have identified 392,162 firms and wealthy individuals that owe it Sh759.7 billion, setting the stage for travel bans, asset freeze and deac... Read More


Insurers spared from rushed rulings in accident claims

Nairobi, Jan. 25 -- Insurers have received a reprieve after the High Court ruled that the Small Claims Court cannot hear injury compensation claims arising from road traffic accidents, ending a system... Read More


Treasury grapples with Sh176bn bills for legal breaches

Nairobi, Jan. 25 -- The National Treasury is exploring alternative sources of revenue beyond the exchequer to clear a ballooning backlog of court awards against the government, signalling the strain o... Read More


Reprieve for Kakuzi in fight for Makuyu Golf Club land

Nairobi, Jan. 25 -- Listed agricultural trading company, Kakuzi, has secured an order from the Supreme Court suspending a decision by a lower court that granted Makuyu Golf Club about 72 acres of its ... Read More


Coordinates of control: How location data is powering Kenya's e-commerce economy

Nairobi, Jan. 25 -- The Kenya Revenue Authority (KRA)'s recent move to lock electronic tax invoices to specific geographic coordinates has pushed georeferencing into the mainstream, signalling that lo... Read More


Housing Finance posts the highest lending margins

Nairobi, Jan. 25 -- Lender Housing Finance enjoyed the largest lending margins at the end of last year, marking the highest profit potential from lending among all 38 licensed commercial banks. Data ... Read More


NCBA owners face higher dividend taxes in Nedbank deal

Nairobi, Jan. 25 -- NCBA Group investors who take up shares of South African lender Nedbank in its cash-and-stock swap buyout offer will face a higher tax charge on dividends and risk of foreign curre... Read More


Why Paddy Adalla walked out of the gym and into the dojo

Nairobi, Jan. 24 -- There are two. no, three. actually four solid reasons why cloud engineer Paddy Adalla has quietly stepped away from the gym,or, more specifically, from lifting weights the way he u... Read More