Lawrence Baraza
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Markets
Investors at NSE to pay CDSC Ksh.1.8 billion as annual upkeep fee
Investors at the Nairobi Securities Exchange (NSE) will pay Ksh.1,200 annually or Ksh.100 monthly for the upkeep of their trading…
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Corporate
UAP Old Mutual rebrands to Old Mutual
UAP Old Mutual Group has rebranded to Old Mutual. The rebranding has already taken place in both Kenya and Rwanda…
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Corporate
Kenya Power appoints Geoffrey Muli interim Managing Director
Geoffrey Muli has been appointed an interim Managing Director of Kenya Power effective May 17, 2022. He takes over from…
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Corporate
Standard Chartered posts Ksh.2.7 billion net profit in Q1 2022
Standard Chartered Bank Kenya’s Q1 net profit in 2022 surged by 16 percent to Ksh.2.7 billion from Ksh.2.3 billion in…
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Economy
Kenya loses over Ksh.85 billion to illicit brew annually, to worsen with proposed taxes
Kenyan government losses more than Ksh.85 billion every year, thanks to illicit brew that has stormed the market due to…
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Corporate
High Court bars Milestone Games Limited from using “Sportpesa” trademark
The High Court has issued temporary orders barring Milestone Games Limited from using the “Sportpesa” trademark pending the hearing and…
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Economy
KRA revenue collection hit Ksh.1.45 trillion in 10 months to April
Kenya Revenue Authority (KRA) collected Ksh.1.45 trillion in ten months to April 2022 from Ksh.1.1 trillion in April 2021. This…
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Corporate
Kenyans borrow Ksh.6 billion monthly from Co-op bank e-wallet
Kenyans borrow Ksh.6 billion every month from the Co-operative bank mobile money platform, translating to Ksh.200 million daily on average.…
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Markets
Bitcoin has no future as payment network, says FTX owner Bankman
Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency…
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Politics
When Martha Karua was implicated in a Ksh.2M campaign scandal with BAT employee
In December 2015 Martha Karua admitted to receiving a Ksh.2,000,000 “donation” to her presidential campaign costs from British American Tobacco…
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