Court Blocks TechnoService From Grilling Ex-Microsoft Boss, Kendi Nderitu
The High Court has dismissed a bid by TechnoService Limited to cross-examine former Microsoft East Africa Country Manager, Kendi Nderitu, in a long-running commercial dispute pitting the Kenyan firm against Microsoft [...]
Second Africa Climate Summit Opens With Calls to Unlock Trillions for Green Growth
African leaders and the United Nations have urged the world to unlock investment and reforms that would allow the continent to drive global climate action, warning that its vast potential [...]Homeboyz H1 Loss Narrows to KSh 11.5M on Revenues Surge, Equity Turns Positive
Listed entertainment and events manager, Homeboyz Entertainment PLC has reported a net loss of KSh 11.5 million for the half year ended June 30, 2025, from the KSh 24.5 million [...]
US Indicts 28-Year-Old Kenyan in US$ 40mn Pandemic Fraud Case Tied to Nairobi Real Estate
A Kenyan citizen has been indicted in Minnesota for allegedly helping launder millions of dollars stolen from a U.S. child nutrition program, extending the reach of America’s largest pandemic fraud [...]Tribunal Rules Bank Deposits are Taxable Income Unless Proven Otherwise
The Tax Appeals Tribunal has upheld a KSh 21.6 million assessment against Kirin Pipes Limited, ruling that the company failed to prove that millions in bank deposits were anything other [...]SanlamAllianz Gains 100% Control of Jubilee Allianz Companies
Jubilee Holdings has completed the sale of its remaining stakes in Jubilee Allianz subsidiaries to SanlamAllianz Africa, fully exiting the general insurance market. For real time market updates and analysis, [...]Foreign Investors Move KSh 1.18Bn from NSE, Reversing August Trend
Foreign investor activity at the Nairobi Securities Exchange (NSE) flipped sharply negative in the first week of September, reversing August’s record inflows. September has historically been an uneven month for [...]Stanchart Kenya Loses Multibillion Pension Case
The Supreme Court has dismissed Standard Chartered Bank Kenya’s appeal in a pension dispute with 629 former employees, leaving intact a ruling by the Retirement Benefits Appeals Tribunal (RBAT). For [...]Kenya's Domestic Debt Servicing Surges Past KSh 1 Trillion For The First Time
Kenya’s domestic debt burden has deepened sharply, with servicing costs crossing the KSh 1 trillion mark for the first time in FY 2024/25. For real time market updates and analysis, [...]Former Migori Governor Okoth Obado Forfeits KSh 235mn in Plea Deal
The Office of the Director of Public Prosecutions (ODPP) intends to withdraw corruption charges against former Migori governor Okoth Obado after securing the forfeiture of assets valued at KSh 235 [...]Tanzanian Fintech NALA Enters Kenya In Partnership with Equity Bank, Pesalink
Nairobi is the latest stop for Tanzanian fintech, NALA, which is leaning on Equity Bank and Pesalink to speed its entry into one of Africa’s most lucrative remittance corridors. “This [...]Kenya Re Suspends Managing Director Dr. Hillary Wachinga for 21 Days
Listed reinsurance company Kenya Reinsurance Corporation Ltd (Kenya Re) has suspended its managing director, Dr. Hillary Maina Wachinga, for 21 days as the board reviews what it called “internal matters.” [...]
