Economy
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Ex-Sports CS Wario found guilty in Rio graft saga
Former Sports Cabinet Secretary Hassan Wario has been found guilty of abuse of office, that led to public funds embezzlement…
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Court finds EX-KEMRI CEO Davy Koech guilty of corruption, fined Ksh.19.6 million or sent to prison
Former CEO of Kenya Medical Research Inistitute (KEMRI) Davy Koech has been found guilty of corruption. The court has fined…
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CBK admits SGR financing by China mounting pressure on public debt
When Kenya secured a Ksh.352,01 billion (US$.3.2 billion) loan from China in 2014 to construct the Standard Gauge Railway (SGR)…
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Auditor General to scrutinize public agencies on unclaimed financial assets
The Unclaimed Financial Assets Authority (UFAA) has entered into a collaboration with the Office of the Auditor General (OAG) to…
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CBK releases report on Kenya’s public debt ration to GDP
The Central Bank of Kenya has released its presentation on Kenya’s debt status that was presented before the Senate Committee…
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Government seeks powers to seize property of money laundering suspects without a court order
The Kenyan government is now seeking powers from the National Assembly to seize property of suspects caught in money laundering…
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Kenya Airways to resumes flights to India
National carrier Kenya Airways has resumed flights to India bringing an end to a four-month suspension announced in April this…
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InterCon hotel exits scene as owners auction movable assets
The owners of InterContinental Hotel, have put up moveable property on sale as they prepare to lease the building. The…
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Kenya’s volume of trade dropped in 2020 to Ksh.2.29 trillion
Kenya’s volume of trade dropped in 2020 to Ksh.2.29 trillion from Ksh.2.4 trillion in 2019 following the report of the…
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Kenyans abroad sent home more money at height of the COVID
Despite the hard-economic times experienced globally, Kenyans abroad sent more money back home. According to the latest economic survey by…
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