The Director of Public Prosecutions (DPP) has today secured a 10-year jail sentence for three family members convicted by the Kisumu Magistrate’s Court for money laundering contrary to Section 3(a), (b), (i), (ii) and (iii), as read with Section 16(1)(a) of the Proceeds of Crime and Anti-Money Laundering Act. Further,Continue Reading
Emirates will introduce its Airbus A350 aircraft on flights between Nairobi and Dubai from October 25, bringing its Premium Economy cabin to Kenya for the first time. The A350 will operate flights EK717 and EK718, making Nairobi the 32nd destination served by the aircraft. The aircraft has 298 seats acrossContinue Reading
Controller of Budget (CoB) Margaret Nyakang’o has raised a red flag over excessive travel expenditure by counties, which amounted to over Ksh.17 billion in the last financial year. Citizen Digital reports The Budget Implementation Review Report for the financial year ended June this year has lifted the lid on wastageContinue Reading
ikTok has begun asking Kenyan creators to submit tax and residency information as the platform prepares to apply withholding deductions to eligible earnings. A notification sent through TikTok Announcements directs creators to complete a Kenyan tax form, which asks them to identify themselves as residents or non-residents of Kenya. TheContinue Reading
Bank of Baroda (Kenya) Limited could have its movable assets attached and auctioned after the High Court issued a warrant to recover nearly Ksh.2.9 billion owed to Infinity Industrial Park Limited. Citizen Digital reports The warrant, issued on September 15, 2026, directs Moran Auctioneers to attach the bank’s movable andContinue Reading
The Co-operative Bank of Kenya has been named the country’s Best Retail Bank and Best Digital Bank at the 2026 Euromoney Awards for Excellence. Established in 1992, the Euromoney Awards for Excellence are among the most recognised honours in global financial services, celebrating banks, bankers and fintech providers for performance,Continue Reading
US President Donald Trump recorded around $1.2 billion in income from his family’s cryptocurrency activities during his first year back in office, according to financial disclosures released on Tuesday. AFP reports According to the 927-page document released Tuesday by the US Office of Government Ethics, Trump received nearly $550 millionContinue Reading
The Co-operative Bank of Kenya has reinforced its commitment to modernizing Kenya’s public transport sector after financing the acquisition of new buses for two public service vehicle (PSV) SACCOs. In an announcement shared on its social media platforms, the bank said it had joined two of its long-standing SACCO clientsContinue Reading
A petition has been filed at the Milimani High Court seeking to halt the proposed Ksh.375 billion design, development and modernization of Jomo Kenyatta International Airport (JKIA) pending the hearing and determination of a constitutional case challenging the project. Citizen Digital reports The petition, filed by the Consumer Federation ofContinue Reading
The Co-operative Bank of Kenya has been named SME Bank of the Year in Africa at the 2026 African Banker Awards, highlighting its growing influence in financing small and medium-sized enterprises across the continent. The award was presented during the 20th edition of the African Banker Awards held in Brazzaville,Continue Reading