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SIC Investment plans land sale to compensate investors

Nairobi, May 5 -- Cash-strapped SIC Investment Co-operative plans to offload its undeveloped land to ease liquidity pressures and pay millions of shillings owed to investors. The co-operative, which ... और पढ़ें


Court blocks arrest of lawyer over Sh1m bribery claim in Tuju case

Nairobi, May 5 -- The High Court has temporarily barred the arrest and prosecution of a Nairobi lawyer over alleged Sh1 million bribery claims linked to a judge handling a commercial case involving fo... और पढ़ें


Multichoice stopped from taking Sh895m construction dispute to Supreme Court

Nairobi, May 5 -- The Court of Appeal has declined MultiChoice Kenya's bid to escalate a construction dispute to the Supreme Court, where it sought to quash criminal charges against two experts it rel... और पढ़ें


Express Kenya sells its land for Sh300m to boost cash position

Nairobi, May 5 -- Express Kenya has disclosed the sale of a portion of its land holdings for Sh300 million in an effort to raise funds to clear its debt obligations and improve its cash position. The... और पढ़ें


Taifa Gas' Mombasa plant to start operations in coming months

Nairobi, May 5 -- Taifa Gas is preparing to commission its 30,000 metric tonnes liquefied petroleum gas (LPG) plant in Mombasa, in what will see the firm take on two dominant players. Rostam Aziz, th... और पढ़ें


ATM use hits all-time low on shift to cashless banking

Nairobi, May 5 -- The usage of automatic teller machines (ATMs) has dropped to the lowest level since the Central Bank of Kenya (CBK) began reporting the transactions, underscoring the impact of a shi... और पढ़ें


US lists Kenya among key markets for fake medicines, electronics

Nairobi, May 5 -- The United States has flagged Kenya as a key destination and transit point in the global trade of counterfeit goods, placing the country at the centre of an illicit network thriving ... और पढ़ें


City Hall softens stance, to pay Kenya Power Sh1.55bn

Nairobi, May 5 -- The Nairobi County government has agreed to pay Sh1.55 billion as part of a debt to Kenya Power, softening an earlier hardline stance that triggered a retaliatory standoff between th... और पढ़ें


Chinese company bags Sh7.5bn contract to repair the 'killer' Nithi Bridge

Nairobi, May 5 -- A Chinese firm has been awarded a Sh7.5 billion contract to realign the accident-prone Nithi Bridge, marking a major milestone for President William Ruto's administration, which has ... और पढ़ें


I&M Bank Kenya marks Sh6.5bn from bond sale to repay dollar debt

Nairobi, May 5 -- I&M Bank Kenya will use part of the proceeds from its May corporate bond to retire dollar denominated debt to the tune of $50 million (Sh6.5 billion) and mitigate the firm's exposure... और पढ़ें