Bill seeking to regulate rent now at senate
A Senate proceeding/parliament.go.ke NAIROBI, Kenya Jan 6- The Senate has invited the public to give their views on the Landlord and Tenants Bill, 2021. The Bill which seeks to protect tenants from unprecedented changes introduced by landlords was introduced on February 12 2021 sponsored by Majority Leader Amos Kimunya. Kimunya introduced the Landlord and Tenants […]
Top businessman objects leasing of Mumias to Sarrai Group
A picture of Workers carrying packets of sugar at the Mumias Sugar factory in Western Kenya/ The standard NAIROBI Kenya, Dec 29- Businessman Julius Mwale, who missed out on the offer for leasing troubled Mumias Sugar has protested the move by KCB receiver manager to award the tender to a Ugandan company. Mwale, who placed […]
Communications Authority Goes After Radio, TV Stations
The Communications Authority of Kenya headquarters in Nairobi/ Courtesy. The Communications Authority of Kenya is going after 69 radio and TV stations for failure to comply with licensing requirements. In a notice dated December 22, CA Director-General Ezra Chiloba noted that the decision was arrived at after the broadcasters failed to comply with the license […]
Dust Settles On Naivas Supermarket Power Struggle
NAIROBI, Kenya, Dec 21 – Dust has settled on the Naivas Supermarket power struggle following the Court of Appeal ruling that found that Newton Kagiri Mukuha has no stake in the retail chain. Newton, who is the eldest of the three brothers, has been fighting for control of the retailer following the 2020 sale of […]
Top lawyer embroiled in EABL suit
EABL processing plant along Thika Road/ Courtesy NAIROBI Kenya, Dec 17- Senior Counsel Waweru Gatonye is fighting claims that East Africa Breweries Limited (EABL) coerced him to drop out from a lawsuit over a multi-billion shilling distributorship deal involving the brewer’s executives at the last minute. Bia Tosha has accused Senior Counsel Waweru Gatonye of […]
Kenya’s financial inclusion rate grows marginally in 2021- Survey
Central Bank Governor Dr. Patrick Njoroge/ CBK NAIROBI Kenya, Dec 16- Kenya’s financial inclusion rate has grown marginally to 83.7 percent in 2021 up from to 82.9 percent last year, the slowest growth in the past five years. The World Bank defines financial inclusion as means that individuals and businesses have access to useful and […]
Kenyan tech startup raises Sh226 million for expansion
Wowzi CEO Brian Mogeni and Co – Founder Mike Otieno/ Courtesy Wowzi, a Kenyan startup has raised $2million (Sh226 million) to scale its influencer marketing platform across the African market. The firm had previously raised $1.2million (Sh135.3 million) in an unannounced pre-seed funding bringing the total amount raised to date to $3.2million (Sh361.3 million). “Now […]
President Uhuru sets aside 55 acres for Judiciary Academy
President Uhuru Kenyatta on December 15, 2021/ PSCU NAIROBI, Kenya Dec 16- President Uhuru Kenyatta has announced plans to construct a world class Judiciary Academy. Uhuru, on Wednesday said, the government will support the Judiciary’s quest to develop the academy into a regional hub that will also stand to benefit other East African member states. […]
Ecobank, Proparco Takeover Mumias Assets from KCB
A picture of Workers carrying packets of sugar at the Mumias Sugar factory in Western Kenya/ The standard NAIROBI, Kenya Dec 15- French development financier Ecobank and Pan-African lender Ecobank have taken hold of Mumias Sugar Company’s prime assets from KCB Group. On November 29, 2021, Ecobank filed a notice with the Attorney General’s office […]
Justice Chitembwe Hearing Postponed
NAIROBI Kenya, Dec 15- High Court Judge Said Juma Chitembwe has been granted 30 days to respond to three petitions that seek to have him ousted from office over bribery and incompetence allegations. The Judicial Service Commission (JSC) secretary Ann Amadi in a letter to one of the petitioners indicated that the High Court judge […]
