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Troubled Nakumatt sued by its lawyer over Sh126 million legal fee
Troubled Nakumatt sued by its lawyer over Sh126 million legal fee

By Joackim Bwana | 10 hours ago

BUSINESS

The firm's lawyer, Daniel Ngonze, has filed several suits against Nakumatt, which was declared insolvent in 2017, to recover his legal fees.

Co-op CEO feted for dividend payment, retaining workers
Co-op CEO feted for dividend payment, retaining workers

By Dominic Omondi | 11 hours ago

BUSINESS

Gideon Muriuki has been feted for paying dividends and retaining workers despite the adverse effects of the Covid-19 pandemic.

Nowhere to go as lenders shun State entities over loan defaults
Nowhere to go as lenders shun State entities over loan defaults

By Patrick Alushula | 15 hours ago

NEWS

Commercial banks are cutting their loan exposure to State-owned enterprises (SOEs) amid increased default risk.

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