Shareholders Question Executive Pay as Centum’s Market Value Continues to Decline

Business Dickens Bukhu -
One of the most contentious issues raised by shareholders concerns executive remuneration during a period of declining investor returns.

Insiders First: How Credit Bank’s Sh1.37 Billion in Loans to Staff and Directors Has Compounded Its Capital Crisis

Business Mercy Waithera -
As the Nyachae-linked lender drowns in a Sh1.64 billion core capital hole, new disclosures reveal it lent more money to its own insiders than the entirety of its regulatory capital base — a governance failure that helps explain why the bank cannot raise the money it needs.

South Sudanese Whistleblower Reported Abducted In Kenya

Africa The Informant Digital Reporter -
NAIROBI, June 11 (Reuters) - A South Sudanese whistleblower who made allegations of corruption in his home country was...

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KRA PIN Fraud Alert—How New eTIMS Tax Deduction Rules Have Created a Dangerous Loophole for Criminals

News Nicholas Olambo -
Kenya's tax season has birthed a new crime wave. Fraudsters are now actively hunting for KRA PINs to file fake expense claims under the...

Shareholders Question Executive Pay as Centum’s Market Value Continues to Decline

Business 0
One of the most contentious issues raised by shareholders concerns executive remuneration during a period of declining investor returns.

The Ruthless Plot That Robbed Kenyan Elites of Their Cut in Kenya’s Flagship Mega City – Privy Council Delivers the Final Blow

Business 0
It was meant to be one of Kenya’s proudest...

Dimba Accused of Extorting Bank Executives in Escalating Feud

Business 0
Nairobi, Kenya — In a dramatic turn of events,...

Why MozzartBet Could Lose Its Licence as Kenya’s Gambling Regulator Faces Its Biggest Test Yet

Business 0
As the June 30 licence renewal deadline approaches, MozzartBet...

Kenya Remains East Africa’s Top Military Spender as Defence Budget Hits Sh190 Billion

Editor's Pick 0
Within East Africa, Kenya remains decisively ahead. Uganda spent approximately Sh167.9 billion, while Tanzania allocated about Sh133.4 billion over the same period, according to SIPRI estimates.

South Sudanese Whistleblower Reported Abducted In Kenya

Africa 0
NAIROBI, June 11 (Reuters) - A South Sudanese whistleblower...

Credit Bank, Three Others in Breach of Sh3 Billion Capital Rule as CBK Rules Out Grace Period

Business 0
With its core capital at just Sh1.36 billion — less than half the legal minimum — Credit Bank faces existential reckoning as the regulator signals no forbearance and a harder Sh5 billion wall looms by year-end.

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Editor's Pick

Kenya Remains East Africa’s Top Military Spender as Defence Budget Hits Sh190 Billion

Dickens Bukhu -
Within East Africa, Kenya remains decisively ahead. Uganda spent approximately Sh167.9 billion, while Tanzania allocated about Sh133.4 billion over the same period, according to SIPRI estimates.

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AFCON Chaos Sparks Heavy Sanctions as CAF Cracks Down on Senegal and Morocco

Sports 0
AFCON chaos has left African football bruised and embarrassed....

CAF Charts New AFCON Cycle After East Africa’s Landmark 2027 Tournament

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CAF President Confident AFCON 2025 Will Proceed Despite Morocco Protests

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African football boss Patrice Motsepe has declared he is...

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Sports 0
Kenya is on the verge of making history with...