Business

NCBA Bank is currently embroiled in a damaging scandal that has brought its reputation into question. Philip Kiprono Rotich, an assistant operations manager at the bank’s Kisii branch, stands accused of embezzling a staggering KSh 47 million from customer accounts. The alleged fraudulent activities took place over a period stretching from November 2023 to October

Nelson Amenya, a renowned Kenyan whistleblower, has recently exposed allegations involving KCB Bank and its purported role in laundering KES 69 billion from South Sudan through the accounts of EnglishPoint Marina. These revelations have intensified scrutiny on the financial operations of both the bank and the luxury establishment. EnglishPoint Marina, a prestigious property situated by

President William Ruto’s salary has sparked widespread criticism due to its stark disparity compared to Kenya’s economic reality. In 2023, Ruto’s annual salary was a staggering 1,993% higher than Kenya’s GDP per capita, making it the highest in the world in terms of a leader’s income as a share of the national average. This figure

KCB Bank Sacco is facing serious accusations involving a scandal worth 29 million Kenyan shillings. Reports suggest that senior officials sold shares held at Cooperative Bank to Nation Sacco Ltd for this amount, bypassing required procedures. It is alleged that the proceeds were divided among four officials. One of them reportedly used 5.1 million shillings

The reputation of embattled car dealer Khalif Kairo continues to be exposed as more disgruntled clients come forward to share their experiences of unmet promises, delayed deliveries, and financial losses. Kairo, once a prominent name in the vehicle dealership business, is now facing mounting accusations that could tarnish his credibility for good. One recent complaint

Grand Acres Ltd., a prominent Kenyan real estate company endorsed by public figures like Abel Mutua and Sauti Sol, is facing scrutiny after a dissatisfied customer publicly aired frustrations. The customer, who completed payments for a property in April 2024 after paying 75% by December 2023, is yet to receive their title deed. This delay

NCBA Bank has come under fire for its poor customer service and questionable practices, particularly in how it handles card cancellations and CRB listings. One frustrated customer detailed a two-month ordeal trying to cancel a card, during which they settled all their dues, only to face demands for a written letter to complete the process.

Another Nairobi car dealership is facing criticism for failing to honour sale agreements, leaving customers frustrated and questioning the integrity of such businesses. A recent case involving Motor Consult, a dealership located in Ridgeways along Kiambu Road, has come to light, highlighting the challenges faced by unsuspecting buyers. In October 2023, a customer purchased a

On January 13, 2025, Joseph Kairu Wambui, popularly known as Khalif Kairo, stood in the dock at the Milimani Law Courts in Nairobi, facing serious fraud charges. As a motor vehicle dealer and owner of Kai & Karo Limited, Kairo has now become the center of controversy, accused of duping his clients under the guise

Kenya Commercial Bank (KCB) has found itself in the spotlight for all the wrong reasons. In October 2024, the bank encountered a big technical issue during a data migration exercise. This blunder allowed some customers to withdraw more money than they actually had in their accounts, resulting in a staggering loss of approximately $7.7 million