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Chase Bank sale was illegal, investors now claim in court


They have sued CBK and deposit insurer KDIC for allegedly breaking the law by withholding crucial information about the deal with SBM three years ago.


By Kamau Muthoni | 1 month ago

Inside billionaire Munga’s shrewd scheme that cost Mauritius Sh5.5b

Inside billionaire Munga’s shrewd scheme that cost Mauritius Sh5.5b

The shares had been seized by Mauritius government in 2015 from its citizen Dawood Rawat Bramer for running a Sh71 billion Ponzi scheme.

Dominic Omondi | 5 months ago

Tax: Distressed Kenyan firms find safe haven in Mauritius

Companies are engaging in a financial manoeuvre known as round-tripping to avoid paying their fair share of taxes in Kenya.

Wainaina Wambu | 1 year ago

India sends team to Mauritius to tackle oil spill

Japanese bulk carrier struck a coral reef off the Indian Ocean island nation on July 25, spilling about 1,000 tonnes of fuel oil

Reuters | 1 year ago