Business

Defaulted Bank Loans Hit A 13-year High, CBK Reveals

The value of bad loans has hit Sh366 billion according to the Central Bank of Kenya (CBK). This is a reflection of the cash...

Fuel hoarders warned by (EPRA) over anticipated price increases

EPRA or the Energy and Petroleum Regulatory Authority on Tuesday, June 9, issued a warning to hoarders of petroleum products in anticipation of an...

Government Puts Tuskys On Watch List

The government of Kenya is closely watching the Tuskys supermarket situation as it slowly goes into a financial crisis after failing to pay its...

Auctioneers target Moses Kuria over Sh7.25M unpaid rent

A law firm has ordered auctioneers to recover Ksh 7,250,000 as rent arrears owed by Moses Kuria, the Gatundu South MP. In a demand letter...

330,000 People To Lose Their Job If Proposed Tax On Keg Is Implemented

Keg sellers have expressed their fear of loss of jobs in the industry if the proposed tax is implemented on the low-priced beer. The Treasury...

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