Let’s Talk About the Gap Between Kenya’s Rich and Her Poor Or is it too depressing – in mixed company? By Dorcas S Maybe you are among the 1% who have tenderpreneured their way into enough wealth and can afford to ignore the price of basic necessities such as rent, transportation, clothing and food. As […]
REVEALED: DP Ruto ACQUIRES the Iconic 680 HOTEL for Sh 3BILLION, Outsmarting Mt Kenya Mafia? They got NOTHING on Him?
By TheKenyanweekly Deputy President William Ruto has acquired 680 Hotel, the ten-storey Three Star Hotel at the heart of Nairobi’s central business district, at a staggering Sh3 billion.The Kenyan Weekly has established that the deal was sealed a few weeks ago and a down payment of Sh1.5 billion paid.The jumbo hotel along Kenyatta Avenue is […]
EXPOSED: HOW STATEHOUSE pushed Kenya Power Managers to ‘COOK’ Electricity Connectivity to Help Uhuru PR on Jubilee Manifesto
Lying to the President: How Kenya Power managers cooked Last Mile connection figures Pressure from the Jubilee administration to connect one million new customers to electricity every year may have pushed employees of Kenya Power to deliberately report ‘fake’ numbers to meet their targets. An internal communication by top management seen by Weekend Business reveals […]
EXPOSED: Uhuru Promise of Low Bank Loan Interest Rates is in TATTERS as Jubilee Robs Public Coffers -Government is BLOKE
The Kenyan president’s interest-rate pledge is in tatters. By Adelaide Changole for Bloomberg Just five months before Uhuru Kenyatta seeks re-election, the country’s inflation rate has surged to the highest level since 2012 and the government is struggling to borrow money at yields it’s ready to offer. That’s left the caps he imposed on commercial […]
MIRACLES: Economic Progress in Ivory Coast done By Raila Friend President Alassane Quattara
Well, they say show me your friends and I will tell what kind of person you are- Yes, President Allassine Qattara is a personal friend to Raila Amolo Odinga. Since President Quattarra took over the country is now the fastest growing and with super governance structures. No corruption, no extra judicial killings, just democrazy na […]
EXPOSED: HOW Sh 5BILLION Was STOLEN in the Ministry of Health Via IFMIS by Top Jubilee Operatives
Top Ministry of Health officials have stolen more than Sh5 billion in an NYS-style mega corruption scandal involving diversion of funds, double payment for goods, and manipulation of the Integrated Financial Management System (IFMIS). A leaked internal audit report says the theft, which is five times the infamous Sh791 million National Youth Service scandal, also […]
CITIZEN TV Boss Calls it QUITS
Latifah Ngunjiri, who has been in charge of productions and programming at Citizen Television has parted ways with the station. She has been the head of Citizen Television since its inception and is said to have been very close with the owners of the company and also worked very closely with the managing director Wachira […]
Scanad CEO Thakrar Moves to RESCUE Safaricom Boss after KPMG Forensic Audit Report LEAK
Bharat Thakrar, the unassuming group CEO of ScanGroup is often referred to in glowing terms by the media in Kenya and much of sub-Saharan Africa. This is understandable; he heads Africa’s largest marketing and communication firm operating a multi-agency model across multiple disciplines in Sub-Saharan Africa, and through his companies, he provides media houses a […]
REVEALED: WHY Safaricom CEO Bob Collymore is in TROUBLE and May go DOWN soon
Safaricom CEO Bob Collymore is a man under siege. The Safaricom boss has even been forced to cancel public events after the KPMG audit forensic report uncovered massive corruption, more than 20 tenders worth Sh. 289.4 billion were awarded without following internal policies and control processes. According to KPMG forensic audit report, the controversial tenders […]
MZawadi: Another Kenyan innovation that has taken the business industry by storm.
By Selphine Bosire A month Ago Kenya Today covered a launch of an innovation that it predicted will disrupt the loyalty business in Kenya and Africa.True to its promise, our reporter has been following the trends and success stories of this technology that was going to change the landscape of how businesses operate and reward […]
KPMG Audit EXPOSE on Safaricom Corruption May ATTRACT UK’s Serious Fraud Office and EACC INVESTIGATION
Safaricom Corruption Scandal has work cut out for Kenya’s EACC and British SFO Recent reports into allegations of fraud and endemic corruption on various contractual undertakings by Safaricom Ltd indicts top management with serious improprieties stemming from insider trading, conflict of interests and single sourcing and other scandals. The KPMG forensic report uncovers embarrassing strategic […]
PANIC GRIPS Safaricom as KPMG ‘CORRUPTION’ Report is LEAKED to Media and Investors
President Uhuru Kenyatta receives the proposed Anti-Bribery Bill prepared by the Kenya Private Sector Alliance from Safaricom CEO Bob Collymore (right), at State House, Nairobi, November 23, 2015. PHOTO | PSCU By Deep Cognition Panic has gripped tech-giant Safaricom as concerns mount over the implications of the explosive dossier which is being serialized by various […]
SAD: Woman to LOSE Job after TELLER at KCB Bank Nairobi branch STEALS 30k from cash deposit
A lady cashier at a retail chain outlet in Westlands Nairobi is set to be sacked after a teller at Kenya Commercial Bank xxxx branch conned her 30k when she went to make a deposit earlier this week. The Woman who usually makes deposits for her employer every day was shocked when the teller told […]
REVEALED: CORRUPTION; Conflict of Interest, Insider Trading, Overpriced Purchases in SAFARICOM- KPMG Forensic Audit
Conflict of Interest, Insider Trading, Overpriced Purchases, and more: Inside the ONE CAMPUS PROJECT of the #SafaricomKPMGScandal Kenya leading blue-chip technology firm Safaricom Limited has just announced its financial statements showing a staggering Sh.38bn in profits. The company is also smarting from highly incriminating allegations of corruption touching on the integrity its senior executives and […]
PHOTOS: NATURE STRIKES Nakumatt Ukay building, HEAVY FLOODING Sweeps stocks off the shelves
The wrath of nature is real, indeed Prof Wangare Maathai was right and land grabbers ARE WRONG!
Kenya’s Economic Growth is ARTIFICIAL via COOKED NUMBERS
KENYA’S ECONOMIC GROWTH THROUGH COOKED FIGURES: In the run up to the 2013 general elections, the Jubilee Coalition promised to create 1 million jobs per year. Over the past three years, data from the Kenya National Bureau of Statistics indicate that there has been a steady growth in employment that led to the creation of […]
How Specialist Import Finance is Enabling Smarter Investment Choices for Businesses.
Entrepreneurial business owners have discovered a new finance product which has enabled them to make more cost effective capital investments. The benefit to their cash flow is having a deep ripple effect through their businesses. We talked to two businesses that represent a number of innovative managers who have cottoned on to the growing trend […]
Jubilee regime wizardry in ‘stealing’ turns Uchumi supermarkets into a popcorn investor magnet
Currently, Uchumi Supermarkets are Kenya’s largest popcorn suppliers after the Jubilee administration sucked everything and brought it to its knees. At the moment, the only product dominating at Uchumi Stores countrywide is popcorn. In fact, all shelves are loaded with popcorn. What a shame. Since Uhuru took over power in 2013, his regime has messed […]
Breaking: After Chase Bank, Bank of Africa Sinks due to jumbo debts: UHURUTO at your service
Bank of Africa Kenya has sunk into losses for the first time in a decade, taking a hit from a mounting stock of bad debts linked to a Moi-era contractor and Mumias Sugar among other borrowers. The mid-sized lender — controlled by BMCE Bank of Morocco — made a net loss of Sh1.02 billion in […]
EXPOSED: WHY CBK Governor ORDERED Chase Bank to be PLACED UNDER RECEIVERSHIP
By Jacob Juma Fellow Kenyans, CBK has today placed Chase Bank under receivership. I applaud the decision taken by the governor of CBK Dr. Njoroge in safeguarding depositors interests. A number of reasons have contributed to Chase banks problems. Key among them is understating loan portfolio, insider lending and overstating their profits. In the Financial […]
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