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Kenya ranked 4th globally in list of countries worst hit by fraud

Kenya is ranked the 4th globally among countries worst hit by fraud behind Nigeria, Egypt and Namibia, a survey has revealed. According to The third Global Fraud survey by Ernest & Young (EY), most fraud incidents are perpetrated by middle-level managers.

National Bank third quarter profit up 40pc

National Bank has recorded a profit-before-tax of Sh1.794 billion for the third quarter ended September 30, 20...

African states should double agriculture research spending, report says

Sub-Saharan Africa needs to double its investment in agricultural research to meet the challenges of high popu...

Former Britam managers’ accounts to remain frozen

The High Court has dismissed an application in which Acorn Group was seeking to have its frozen accounts opene...

Pension industry posts lower returns as sector continues to experience volatility

Kenya's pension industry posted a decline in performance this year. Returns on schemes declined as the sector ...

Coca-Cola, SABMiller partner to create biggest bottler in Africa

Coca-Cola Company has announced a partnership to form its largest soft drinks bottling company in Africa, serv...

Move over Japan, here comes Mobius

You might now be able to drive a wholly Kenyan-made car, made specifically for our roads, if the efforts of a ...

KRA gets nod to recover Sh125m from Wananchi Group

Wananchi Group Kenya has lost a bid to stop the Kenya Revenue Authority (KRA) from recovering Sh124.87 million...

Safaricom unveils Sh90 million fund for mobile app innovators

Safaricom has launched a transformative $1 million (Sh90m) Venture Fund aimed at accelerating the development ...

KRA gets nod to recover Sh125m from Wananchi Group

Wananchi Group Kenya has lost a bid to stop the Kenya Revenue Authority (KRA) from recovering Sh124.87 million unremitted Value Added Tax (VAT)....

NIC Capital inks deal to lead Sh8.4b bond issue

NIC Capital, the investment banking subsidiary of the NIC Bank Group, has been mandated as the Lead Arranger to help leasing firm Vehicle and Equipmen...

Mbuvi Ngunze: Can new captain fly Kenya

Mbuvi Ngunze is nothing like his predecessor....

State woos international investors to finance Sh790 trillion big-ticket projects

State woos international investors to finance Sh790 trillion big-ticket projects...

Performance management key to making devolution a success

As the journey of devolution unfolds, one of the biggest challenges faced by counties is developing the capacity to deliver services and track impleme...

Shilling weakens after attacks, shares stable

The shilling weakened after weekend attacks along the country's Indian Ocean coastline threatened the already ailing tourism sector, a key source of h...

Internet access should be a human right, Survey concludes

Affordable access to the Internet should be a human right, as it represents hope for political freedom and economic prosperity to many around the worl...

Safaricom finally inks Sh15 billion security deal with Government

Safaricom has sealed a key security deal with the Government, setting the stage for the establishment of the Sh15 billion National Surveillance, Commu...

Christine Njoki Maina, mother of two tells us more about her Sh70,000 two in one Samsung washing machine

Christine Njoki Maina, mother of two tells us more about her Sh70,000 two in one Samsung washing machine....

Samsung microwave oven

Besides re-heating food,the Samsung microwave oven can also bake and grill. Its sophisticated black sleek exterior and its crystal handle also adds ae...

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