Anti-Corruption Court issues a warrant of arrest against EX-Finance Minister David Mwiraria over Anglo Leasing
A Nairobi Anti-Corruption Court has issued a warrant of arrest against Kenya's Ex-Finance Minister David Mwiraria after he failed to turn up in court to take plea over the Anglo-Leasing scandal.This is the second [...]
Kenyan Banks will lose licenses for recycling dirty money' warns President Uhuru
Banks that break Kenya's anti-money laundering rules will lose their licenses, President Uhuru Kenyatta said on Monday in his annual address to the nation. From today, we have agreed that [...]Tatu City Officially Launched
Tatu Industrial Park, the light factory area of Tatu City, broke ground on Tuesday on a 420-acre site with plans to target an additional 12 local and multinational companies by [...]Lamudi celebrates two years in market as internet penetration nears 70%
Kenya’s leading property portal, Lamudi has announced that the online real estate market is growing at an unprecedented rate as internet penetration nears 70 per cent. The group made the [...]Diamond Trust Bank Kenya Director Resigns
Diamond Trust Bank Kenya Non- Excutive director Mr Zakir Mahmood has resigned with effect from November 18 2015 citing extensive professional and personal commitments abroad. Diamond Trust Bank Kenya Ltd.- Resignation [...]MPs publish Bill to control interest rates
Business Daily; Parliament has stepped up its bid to tame high interest rates through legislation just weeks after commercial banks heeded a call by the Central Bank of Kenya (CBK) [...]Diamond Trust Bank Kenya reports 9-month profit before tax of Ksh 6.91 Billion
9-Months ended Sept. 30, 2015 group total interest income of 18.39 billion shillings versus 15.14 billion shillings -9-Months ended Sept. 30, 2015 group profit before tax of 6.91 billion shillings [...]ASEA 2015; African Stock Exchanges trying to agree on a single Index
The annual ASEA Conference (African Security Exchange Association Conference) opened in Johannesburg last Sunday, November 15. The meeting is taking place after a very difficult year for most African exchanges, [...]Tuskys Seeks IPO
Tuskys Seek IPO Tuskys Supermarket will go public in the next four to five years. Dan Githua, Tuskys Supermarket's Chief Executive Officer, said that the chain plans to sell shares [...]Uchumi Supermarkets Report Card since Kipngetich took charge as CEO
Mr Julius Kipngetich took over on 25th August 2015 as the new Uchumi Supermarkets CEO.In exactly three months that he has been in office,Here is a report on his achievements,failures and analysis [...]Five Imperial Bank Directors Grilled by Banking Fraud detectives
Five directors of Imperial Bank were on Saturday afternoon questioned by banking fraud detectives at the CBK Pension House In Nairobi.More details on the outcome of the grilling will be [...]Central Bank Of India hit as 17,000 employees take Mass Casual leave'
Most of the Reserve Bank of India’s (RBI) 17,000 employees went on strike on Thursday nationwide to demand higher pensions and to protest against decreasing the regulatory authority of the central bank. The [...]
