Month: March 2026
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Business
Ruto signs law to raise Sh5 trillion for infrastructure despite opposition over oversight concerns
President William Ruto today morning signed into law the National Infrastructure Fund (NIF) Bill, creating a new financing framework designed…
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Business
Nairobi politician Dennis Waweru’s Faida Bank to earn Sh1billion from KPC IPO broker’s fee
Nairobi politician Dennis Waweru’s owned Faida Investment Bank is set to earn a Sh1billion success fee after helping the government…
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Courts
Ketraco escapes account seizure in Sh10billion row with a Spanish contractor
The High Court has spared the Kenya Electricity Transmission Company (Ketraco) from the immediate seizure of its bank accounts in…
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Business
Oil prices hit Sh15,351 per barrel as Middle East war jolts markets
Global oil prices have surged to their highest level in nearly three years, climbing above Sh15,352 (USD 119) per barrel…
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Business
Kittony’s dual roles spark governance concerns at KQ
The appointment of businessman Kiprono Kittony as chairman of Kenya Airways (KQ) has sparked debate over potential conflict of interest…
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Business
Equity Bank CEO Mwangi, wife Evicted from Sh1billion Muthaiga property
Equity Bank CEO James Mwangi and his wife, Jane Wangui Mundia, have been officially evicted from the disputed 3.733-acre Muthaiga…
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Business
Former Inchcape Kenya CEO Sanjiv Shah faces bank fraud charge
Former Inchcape Kenya Chief Executive Officer (CEO) Sanjiv Pushpakant Shah has been charged with bank fraud in a case that…
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Business
High Court orders Kenya Power to execute Sh6billion Hexing-Magnate Ventures smart meter contract
The High Court has directed Kenya Power and Lighting Company (KPLC) to proceed with the execution of a Sh6billion smart…
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Courts
Somali businessman charged in Sh50million fake cargo investment scam
A suspect linked to an alleged elaborate fraud scheme involving more than Sh51million (USD 394,000) has been arraigned at the…
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Crime Watch
NTSA emerge as new hub for multi-billion deals for bigwigs amid fresh traffic enforcement plans
The National Transport and Safety Authority (NTSA) is increasingly emerging as a focal point for lucrative multi-billion-shilling government contracts seized…
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