April 2, 2025
Nairobi, Kenya

Business

Business Featured

Nyakundi alleges amount of money he was offered to discourage “Occupy State House” calls

Popular Kenyan blogger Cyprian Nyakundi has alleged that he was offered Ksh. 30 million to stop supporting the “Occupy State House” movement. According to him, those behind the offer wanted him to shift the blame for the protests onto Deputy President Rigathi Gachagua. He claims that several individuals approached him with the money, hoping to

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Business

How EADB and the Judiciary teamed up to silence Raphael Tuju

The East African Development Bank (EADB) has taken an alarming turn. Following years of relentless pursuit against Raphael Tuju over a 27-acre parcel in Karen, the institution has now assumed an unusual role. Crafting official messages for the Judiciary. This follows a significant legal setback EADB’s protection from lawsuits was revoked. Rather than complying with

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Business

Kefa Seda’s Treasury job push exposes corrupt hiring practices, calls to investigate PS Kiptoo grow

The appointment process for the Chairperson role has exposed serious flaws, particularly in the case of Kefa Seda and PS Chris Kiptoo. One of the most alarming concerns is the inconsistent application of experience requirements. The position clearly demands a minimum level of experience, yet this requirement has not been uniformly applied. While other candidates

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Business Featured

Widow left penniless as ABSA Bank releases millions to fraudsters in shocking scam

According to the post on Facebook by Captainx Lennox Omondi, the tragic passing of David Otieno Oloo (Dr. Oludhe) on August 4, 2023, has taken a disturbing turn. His family is now facing a shocking financial fraud that has seen over Ksh 23 million vanish from his ABSA Bank Kisumu dollar account under highly suspicious

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Business

How Treasury PS Dr Chris Kiptoo’s alleged backroom deals exposed bribery claims in top government jobs

A report by Kenya Insights has exposed a major bribery scandal in the National Treasury. The scandal involves Treasury PS Dr. Chris Kiptoo and a senior official at the Kenya National Highways Authority (KeNHA), Kefa Seda. Seda is accused of paying KSh200 million in bribes to secure the powerful position of Director General of Public-Private

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Business

Khalif Kairo caught in yet another scam After taking money for a BMW and refusing to hand over the vehicle as more victims speak out

Controversial second-hand car dealer Joseph Kairo Wambui, better known as “Khalif Kairo,” has been arrested again over fresh allegations of fraud. He is accused of taking full payment from a client for a BMW but failing to deliver the vehicle. His arrest happened at the Milimani Law Courts, right after attending a mention of three

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Business

Kenya risks losing Ksh297 billion in funding after skipping IMF review

Kenya is now facing serious financial uncertainty after skipping the final review of its current program with the International Monetary Fund (IMF). This decision means the country will miss out on about Ksh104 billion that was expected from the IMF, which is usually a key signal for other international lenders. Without this endorsement, Kenya could

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Business

Tuju claims EADB board members wanted shares in his business after granting ksh 1.2 b loan and withholding ksh 300 m for project development

Raphael Tuju has spoken out about his ongoing loan dispute, clarifying that he borrowed Ksh 1.2 billion for a project rather than for purchasing property. He explained that banks do not only offer loans for buying land but also for funding business ventures. During a radio interview, he emphasized that the loan was granted after

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Business

Treasury Jobs for sale? PS Kiptoo fingered over alleged hefty bribe to offer Kefa Seda top job

Kefa Seda is facing serious allegations of bribery and abuse of office linked to his bid for a top job at the National Treasury. Reports indicate that he paid a massive bribe to Principal Secretary Chris Kiptoo to secure the position, raising questions about how public appointments are being influenced by money rather than merit.

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