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Kenyan Athlete Dominates Berlin Marathon, Securing Victory
2023-07-11
Kenyan Athlete Dominates Berlin Marathon, Securing VictoryContinue Reading
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Deadly Virus Outbreak Claims Lives in Kenya, Health Officials Take Urgent Measures
2023-07-06
Nairobi, Kenya – A deadly virus outbreak has struck several regions in Kenya, leaving health officials scrambling to contain the rapid spread and save lives. The outbreak, which was initially detected in a remote village, has now reached densely populated areas, causing concern among authorities and the general public.Continue Reading
Melsco Agency and Alisam Universe Travellers Limited caught up in job scams
2024-12-01
Police are looking for the directors of Melsco Travel Agency and Alisam Universe Travellers Limited who have conned millions of Kenyans in fake foreign jobs placement. Melsco Travel Agency is owned by Cynthia Chepkorir and his estranged husband and at one time operated from Kilimani area in Nairobi while AlisamContinue Reading
How NACHU has been managing clients in Sh 4 billion land scam
2024-11-23
Anderson Muthoka was scrolling his mobile phone on January 25th, 2023 when a paid up social media advert popped up inviting him to buy a piece of land in Mugutha area, off Thika Road in Juja Constituency, Kiambu. The offer was palatable, there was partial payment options.The seller had beenContinue Reading
Revealed: The man who betrayed Gachagua in Sh 412 million secret deal
2024-11-21
In new evidence filed in the Senate ahead of the DP’s impeachment trial beginning Wednesday morning, a witness said to have been Gachagua’s close associate, has described how the DP allegedly used him to acquire the Olive Garden Hotel. He allegedly paid Sh412 million for the property. Gachagua, in hisContinue Reading
George Ototo summoned to DCI Headquarters over Sh 10bn Heist
2024-11-02
The troubles facing George Ototo, the sacked Kenya Union of Savings and Credit Cooperative Society (Kuscco) Managing director seems to be far from over after detectives based at DCI Headquarters summoned him few weeks ago over his role in the alleged looting of once a giant cooperative society. Mr. Ototo,Continue Reading
How Kenya lost Sh10.71 billion to cybercrime in 2023
2024-10-29
Kenyan businesses and agencies hit by cybercrime were last year forced to part with an average of $4.35 million (Sh561 million) to restore their services, Communications Authority has revealed. This saw the country suffer losses amounting to $83 million (Sh10.71 billion), the second highest in Africa. Data by the NationalContinue Reading
Revealed: John Gachora made $1.4 million as CEO of NCBA Group last year
2024-10-29
Kenyan banker John Gachora, the Group Managing Director and Chief Executive Officer of NCBA Group, one of the leading financial services groups in the largest economy in the East African Community, received a total compensation of Ksh185.76 million ($1.44 million) from the leading lender in 2023. Billionaires. Africa, a business website reports TheContinue Reading
Stanbic Bank CEO Joshua Oigara Sues DCI Over Air Afrik Case Saga
2024-10-25
Joshua Oigara, the Chief Executive and Executive Director of Stanbic Bank Kenya Limited, has sued the Directorate of Criminal Investigations (DCI), citing improper summons over a case involving the bank and Air Afrik Aviation Limited. In the case presented before High Court Judge Chacha Mwita, the CEO claims the BankingContinue Reading
Certified Homes MD Peter Nyaga dragged in court by home buyers for obtaining money by false pretence
2024-10-24
The High Court has ordered real estate company Certified Homes Limited owned by one Peter Nyaga to respond to the suit filed by its three US-based clients in a dispute over Sh15.5 million within 14 days. The People Daily Reports. Mr Nyaga is the former Chief executive officer of MahigaContinue Reading
Metropolitan Sacco assets fall after Sh12bn audit loss
2024-09-13
Metropolitan National Sacco’s assets plummeted by 89.3 percent to Sh1.07 billion in 2023, according to a new report. Capital FM reports This dramatic decline follows the revelation of a Sh12 billion loss uncovered by an audit. Data from the Sacco Societies Regulatory Authority (SASRA) indicates that total assets decreased fromContinue Reading
Revealed: Why Co-operative Bank Half-Year Profit soared to Sh18.2 Billion
2024-08-27
Co-operative Bank of Kenya Profit Before Tax for the half-year period ending 30th June 2024 hit Ksh18.2 billion, growing 10.7% from Ksh16.4 billion recorded in the same period in 2023. This translates to a profit after tax of Ksh13 billion, up from Ksh12.1 billion reported in 2023. The bank’s management saysContinue Reading