CMA, AFA row over coffee exchange heats up
A coffee broker at the Nairobi Coffee Exchange/perfectdailygrind.com NAIROBI, Kenya Apr 22- The agriculture ministry through the Coffee Directorate has proposed changes in the Crops (Coffee) General Regulations 2019, aimed at pushing out CMA as the regulator of the crop. The Ministry of Agriculture through the Coffee Directorate has proposed changes in the Crops (Coffee) […]
IRA blocks Resolution Insurance Shareholders from accessing funds
Transport CS James Macharia with Resolution Insurance Group CEO Peter Nduati during the launch of accident emergency cover for commuters as Matatu Owners Association Chairman Simon Kimutai looks on/ Standard NAIROBI, Kenya Apr 21- The Insurance Regulatory Authority (IRA) has blocked Resolution Insurance shareholders from accessing funds currently being controlled by an owner of Xplico […]
Prison officer’s cars, land frozen over Sh257 million corruption case
Integrity Centre that hosts Ethics and Anti-Corruption Commission (EACC) offices in Nairobi/ NMG NAIROBI, Kenya Apr 20- An official working at the Department of Correction Services suspected to have profited from tenders worth Sh257 million between 2012 and 2016 has had his assets frozen by the High Court. The High Court froze the land, seven […]
Former Uchumi CEO to receive Sh6.5 million in termination suit
Former Uchumi CEO Jonathan Ciano/ CitizenDigital NAIROBI, Kenya Apr 19- Former Uchumi Supermarket CEO Jonathan Ciano has been awarded Sh6.5 million for leave days, gratuity and unused leave days, after the High Court termed his sacking seven years ago invalid. High Court judge Stella Rutto said Ciano’s dismissal was invalid because he had resigned two […]
High Court Judge Cancels Muimias Sugar Lease
A picture of Workers carrying packets of sugar at the Mumias Sugar factory in Western Kenya/ The standard NAIROBI, Kenya Apr 18- Ugandan-based Sarrai Group Limited has suffered a significant setback after the High Court in Nairobi canceled its lease to operate Mumias Sugar Company. The presiding Judge at the Milimani Commercial Court, Justice Alfred […]
Oil marketers sabotaging fuel supply face jail terms, fines
Motorists queue at a Shell petrol station in Nairobi/ Mwakilishi.com NAIROBI, Kenya Apr 15- Oil Marketing Company (OMC) CEOs face jail terms and fines over the ongoing fuel shortage crisis in the country. The top executives risk two years in jail or fines of up to Sh2 million for their firms’ role in the current […]
High Court orders Mozzartbet to surrender Sh300 million over M-Pesa fraud
Mozzartbet Kenya manager Sasa Krneta at a past event in Nairobi/ Mozzartbet. NAIROBI, Kenya Apr 14- The High Court of Kenya has ordered betting firm MozzartBet to surrender over Sh300 million to the Assets Recovery Agency after the judge ruled that the funds were proceeds of crime. Court filings show that the funds frozen two […]
APA Life, Craydel partner to help parents fund higher education
Craydel founder and chief executive Manish Sardana and APA Life Assurance chief executive Catherine Karimi during the signing of a partnership deal/APA NAIROBI, Kenya Apr 6- APA Life Assurance and education tech firm Craydel have partnered to help parents and learners plan better for funding higher education. APA Life Assurance will provide access to financial […]
Treasury reveals plans to provide cheaper cooking gas by July
A variety of cooking gas cylinders/ themailnewsonline.com NAIROBI, Kenya Mar 25- The National Treasury is currently looking into plans to reinstate the subsidy scheme aimed at providing Kenyans with cheap cooking gas from July as LPG (Liquefied Petroleum Gas) prices in the country continue to soar. Spiking crude oil prices in the wake of the […]
New data privacy laws take effect in Kenya
ICT Cabinet Secretary Joe Mucheru during an interview/ pulselive NAIROBI, Kenya Mar 21- Companies in breach of Kenya’s privacy laws now face tougher convictions after parliament passed the new data act last week. Under the new law, all data controllers and data processors will now be required to register with the office of the Data […]
