The Laikipia County Government and the Co-operative Bank of Kenya (Co-op Bank) have today launched the Laikipia Enterprise Fund with an initial kitty of Ksh 300 million, to offer affordable financing and business support to co-operatives and entrepreneurs in Laikipia County. To kick-off the Fund, the bank and the county government have entered into an […]
Cooperative bank acquires 90% of Jamii Bora bank
Co-op Bank has been pleased to note that the shareholders of Jamii Bora Bank, have pursuant to an Extra Ordinary General Meeting held on 1st July 2020 unanimously approved Co-op Bank’s offer to acquire 90% of the bank. This will be through the subscription of 224,153,154 new class of Ordinary Shares that would enable Co-op […]
Uganda’s military police CMI secretly holding tycoon Benjamin Rutabana, says American human rights firm
In-depth research and undercover by an American human rights organization, the International Relief and Human rights initiative (IRHRI) has unearthed the mysterious disappearance of Mr. Benjamin Rutabana, a French citizen, who went missing in Uganda last year in September. In a detailed statement dated June 25, 2020, Greg Smith Heavens, CEO and Founder President IRHRI, […]
Absa Bank Inflates ATM Card Withdrawal Charges Without Customers’ Consent.
Earlier this year, Absa bank Kenya published its updated fee schedule for banking customers in 2020 showing price cuts in withdrawal fees and entry-level banking. The Kenyan banking market had become highly competitive in 2019, particularly with host of new accounts targeting the entry-level (typically low-income) markets. Following a Kenyan government directive, Absa Kenya waived […]
Senate mocks Kirinyaga voters, clears Governor Waiguru of all impeachment charges; complete journey with your ‘thief’
The Senate Select Committee appointed to probe the impeachment of Kirinyaga Governor Anne Waiguru has acquitted her, saying the County Assembly, who were the accuser, did not substantiate charges leveled against her. According to the committee, the County Assembly did not provide evidence directly linking her to alleged corruption, abuse of office and violation of […]
Tycoon Richard Ngatia, others under investigation over lost Covid donation at Afya house
Is Richard Ngatia of Megascope Health limited among the faces of Afya house cartel also known as the mafya under investigations over stolen donations? The Kenyan authorities are investigating the disappearance of medical equipment donated to help stop the spread of Covid- 19 according to a latest report by the BBC The Personal Protective Equipment […]
Harambee SACCO gets a relief as cooperative bank helps in instant card issuance to its members
One of the leading Savings & Credit Co-operatives in Kenya, Harambee Sacco has today launched instant card-issuance to members. This means that members of Harambee Sacco can, from today apply for and instantly receive a Visa Debit card and immediately start using the card to transact in the usual way at any Visa-branded outlet including […]
KETRACO partnership with Kenyatta University set to bridge the engineering skills
KETRACO partners with universities to bridge engineering skills among vulnerable girls In Summary • The Ketraco Scholarship for Orphans and Vulnerable Students will educate female vulnerable students in electrical or civil engineering for five years. • During the signing of the MOU Ketraco CEO Fernandes Barasa hailed the initiative for attempting to bridge the engineering […]
Cooperative bank, I&M tops bank rating research for first quarter
Kenya’s banking sector showed resilient performance despite the tough operating environment which was largely attributable to persistent revenue diversification. This is according to an analysis of the financial performance of listed banks done by the Cytonn Financial Services Research Team for the first quarter of this year. The report has also carried out a comprehensive […]
Exposed: NHIF bosses back to old ways, reaping from the public coffers
The last two months have been torturous for the country as the Coronavirus pandemic took a heavy toll on the struggling economy, but at the National Hospital Insurance Fund (NHIF) it has been business as usual. It is ironical that as the Covid-19 takes a heavy toll on the country’s economy, marauding cartels have patronised […]
Good news for punters as OdiBets launches new easy to use website as Bundesliga returns
The German Bundesliga is set to become the first major soccer league to resume play during the coronavirus pandemic this weekend. The news has caused a buzz among betting fanatics and football fans at large as most betting activities had been put on hold due to the Covid-19 pandemic. One of Kenya’s biggest betting firms […]
Controversial scion Pravin Galot bribes his way out of quarantine
A scion of one of the country’s leading industrial families is a subject of discussion in many fronts after he evaded quarantine after arriving from London on Friday night. Pravin Galot, nephew of the Mohan Meakin producer associated with London Distillers Company is said to have arrived after being evacuated from London where he was […]
The amazing journey of Senate Majority Whip Irungu Kangata, a servant leader
By Fwamba NC Fwamba I would like to applaud President Uhuru Kenyatta and the Jubilee Party leadership for recognizing and elevating Sen Irungu Kang’ata to the position of Senate Majority Chief Whip. Apart from congratulating my friend Sen Kang’ata, I would like to put down a few words for future reference. My first memory of […]
Strathmore Law Graduate Caught Up in Ugly Prostitution Ring
A student at Kenya School of Law is in trouble with the law for alleged prostitution, sex trafficking and child pornography. The 25-year old graduate of the prestigious Strathmore Law School has been charged before a Nairobi court for exposing her daughter to pornographic material, among other charges. Mildred Aoko Okello comes from a prominent […]
Jubilee to expel nominated senators who snubbed PG meeting, Millicent Omanga tops list
Five nominated senators from the Jubilee Party have reportedly been expelled for apparently snubbing the Parliamentary Group meeting convened by President Uhuru Kenyatta on Monday, May 11. According to a statement from the party released on Wednesday, May 13, Jubilee Secretary-General Raphael Tuju accused the senators of gross insubordination and misconduct. Nominated senators affected are; […]
Exposed: Ruto man Water Sector Trust Fund boss Ismail Fahmy clings to office after contract expired
Water Sector Trust Fund CEO Ismail Fahmy is now seeking a third term at the helm of the institution, despite legal terms confining him to only two terms. The CEO was first appointed on November 9, 2014, for a three-year term, which expired on November 9, 2017. The CEO’s contract was renewed by the Board […]
Uhuru set to appoint a known corrupt cartel as Director General of Kenya Rural Roads Authority (KeRRA)
Even as the search for a substantive director-general for Kenya Rural Roads Authority (KeRRA), the body risks hiring persons who have been adversely mentioned in previous scandals in and outside the institution. Among top candidates who have applied for the positions that were advertised in April include Jackson Karibiu Magondu and Peter Pato GichohI, whose […]
Kenya’s newest betting platform BONGOBONGO introduces 120% bonus
Have You Heard About Bongobongo? Here’s Why You Need To Sign Up. Kenya’s newest betting platform BONGOBONGO is now LIVE. And are offering exciting bets on virtual games 24/7, Simulated reality leagues and more! Why Bongobongo? Because you deserve more. More fun, more energy, more excitement, more markets, more responsible gaming, more community, well just […]
Former Dagoretti MP Dennis Waweru eyes on Nairobi Gubernatorial position
One-term Dagorreti South MP Dennis Waweru has taken a low political life after his bid to contest for the Nairobi governor seat in last general election failed. Waweru, a close ally of President Uhuru Kenyatta, lost the Jubilee Party nomination ticket to the now Governor Mike Sonko. The youthful former lawmaker had an ambitious manifesto […]
Sabatia MP Alfred Agoi’s company caught in a major Fraud Scheme
A company associated with MP Alfred Agoi is accused of lying to the government over a lucrative contract to monitor vehicles belonging to the National Police Service and the National Treasury. The company, Kingsway Autowatch which is registered in the country, does not have the capacity to undertake such a colossal contract, gets Sh45 million […]