Nairobi, July 8 -- Glee Hotel Limited, an establishment linked to businesswoman Mary Wambui Mungai, has been placed under administration over a debt of Sh7.75 billion. In a notice placed in the newsp... Read More
Nairobi, July 8 -- Banks could face greater legal liability for delayed responses to suspected fraud after the High Court upheld a ruling that Family Bank breached its duty of care by failing to secur... Read More
Nairobi, July 8 -- An interim valuation has revealed that the Kenya Railways Corporation's (KRC) vast land portfolio may have been undervalued by more than Sh140 billion, exposing years of failure to ... Read More
Nairobi, July 8 -- Betting firms that entice addicted punters who have sought to be barred from gambling risk having their licences revoked under new regulations aimed at curbing the country's gamblin... Read More
Nairobi, July 8 -- The High Court has ordered the Officer Commanding Nairobi's Central Police Station to personally explain why orders issued in the protracted battle for control of Directline Assuran... Read More
Nairobi, July 8 -- HFCB staff have joined the list of the bank's top 10 shareholders following the allocation of a Sh1 billion stake under an employee share ownership plan (Esop), which has diluted th... Read More
Nairobi, July 8 -- Banks defending disputed payment claims must prove funds reached the intended recipient rather than rely on internal processing records, the High Court in Nairobi has ruled. The co... Read More
Nairobi, July 8 -- The Kenyan government will have the final say on Safaricom's expansion beyond Kenya and Ethiopia, giving the State significant control over the company's future entry into new marke... Read More
Nairobi, July 8 -- The National Assembly is seeking to strip the Treasury of unilateral authority to commit public funds to the East African Development Bank (EADB), handing Parliament greater oversig... Read More
Nairobi, July 8 -- As inflation and the rising cost of living continue to strain household and business budgets, many people are cutting non-essential spending to stay afloat. Insurance has increasing... Read More