Name game ensues in fight over Sportpesa brand
Sportpesa CEO /Courtesy NAIROBI Kenya May 18-The High Court has temporarily barred Sportpesa owner Ronald Karauri and his new company Milestone Games Limited from using the SportPesa brand name, which is now being being claimed by two factions. This is after Asenath Wachera Maina sued the Registrar of Trademarks, Karauri, Robert Macharia, and their partners […]
Government ordered to make SGR contract accessible to the public
Kenya’s President Uhuru Kenyatta flags off the inaugural Nairobi-Suswa, Standard Gauge Railway (SGR) line constructed by the Chinese Communications Construction Company (CCCC) and financed by the Chinese government, on October 16, 2019 in Nairobi./ AFP NAIROBI, Kenya May 16- The High Court in Mombasa now wants the government to grant two activists access to agreements […]
State official who bought houses worth Sh279 million in four months reinstated following court order
Employment and Labor Relations Court Justice Matthews Nduma/ TheStar NAIROBI, Kenya May 12- A government official accused of purchasing houses worth Sh279 million over a four-month period back in 2019 has had her suspension overturned. This, was after a judge ruled that the state official’s former employer had no authority to dole out the suspension […]
Facebook sued over poor working conditions in Kenya
Facebook rebranded to Meta in 2021/ Reuters NAIROBI, Kenya May 11- A former content moderator working for American social media giant Meta, formerly Facebook on Tuesday filed a lawsuit accusing the firm of violating a number of employee rights in its Kenyan hub. The petition was also filed against Meta’s local subcontractor Sama, alleging that […]
Lack of title deeds, increased court cases delay major road projects
A section of Thika Super Highway in Nairobi/ constructionreviewonline.com NAIROBI, Kenya May 9- More than Sh1.2 billion has been reported as delayed payout in compensation to landowners which has further derailed key road projects in the country. According to the National Lands Commission (NLC), this has resulted from a lack of title deeds, increased court […]
Kenya has 8,500 dollar millionaires- report
A stack of 100 dollar notes/istock NAIROBI, Kenya Apri 27- A new report by research firm New World Wealth and Henley & Partners which helps high-net-worth individuals to acquire residence or citizenship through investment has ranked Kenya fourth in regard to the country’s number of dollar millionaires. The Africa Wealth Report 2022 indicates that Kenya […]
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) […]
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 […]
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 […]
Limuru Tea Losses Go Up By 70pc In 2021
NAIROBI, Kenya Apr 5 – Limuru Tea has posted a 79 percent increase in losses in the year ended December, 31 2021 to post Sh14.2 million pre-tax losses compared to Sh7.9 million losses incurred in 2020. Management attributes the decline to low production volumes on the back of lower rainfall that went down by 40 […]
