April 17, 2025
Nairobi, Kenya

Business

Business

NCBA caught in illegal tax waiver scandal involving Kenyatta and Ndegwa Families

The recent ruling by the High Court declaring NCBA Bank’s 2019 tax waiver unlawful has raised serious questions about how some banks and politically connected families operate in Kenya. Justice Chacha Mwita made it clear that former Treasury Cabinet Secretary Henry Rotich acted outside the law when he allowed NCBA to avoid paying KSh 350

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Business

Kiambu boils over Sh1.5 billion graft as Wamatangi faces heat over Sh12 million cash haul

Kiambu Governor Kimani Wamatangi is facing serious allegations of corruption after the Ethics and Anti-Corruption Commission (EACC) raided his home and office on April 15, 2025. During the early morning operation, officials from the EACC recovered Sh12 million in cash and $13,000, which they suspect are proceeds of graft. This is part of a larger

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Business

Government cracks down on firms over missing tax and ownership documents

In a report shared by Kenyans, the Registrar of Companies has issued a strict 30-day deadline to private firms that have failed to comply with legal reporting requirements. These companies are now required to provide their financial statements, tax filings, copies of active trade licences, contracts, and invoices to prove they are operating legally. The

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Business

Governor Guyo oversteps his mandate, disregards constitutional safeguards over a private land in Isiolo

By Reporter Isiolo Governor Mr. Abdi Guyo is in the eye of a constitutional storm after he told the illegal occupants of a private land to defy court orders and rebuild on the private land after they were successfully evicted. He also declared he gave permission as the Governor to civilians to burn anybody who

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Business

Hanifa Farsafi leads storm against Safaricom over alleged data breach and customer exploitation

According to activist Hanifa Farsafi, Safaricom has become a true enemy of the people. In a bold post on April 12, 2025, she invited Kenyans to expose what she termed “uwizi za Safaricom” a thread that quickly filled with hundreds of complaints from ordinary users frustrated by the company’s exploitative practices. She made it clear

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Business

Narendra Raval responds to Gachagua and Muturi claims on State deals

Businessman Narendra Raval, a close associate of President William Ruto, has finally broken his silence over claims that he is the main supplier of materials used in the affordable housing projects being constructed across the country. The accusations, which have sparked public interest and political debates, were largely pushed by former deputy president Rigathi Gachagua

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Business

EACC recovers Sh6.5 million from Turkana finance CEC Michael Eregae Ekidor amid Sh600 million corruption probe

A major corruption scandal is unfolding in Turkana County after a raid by officers from the Ethics and Anti-Corruption Commission (EACC) led to the discovery of Sh6.5 million in cash hidden inside a car used by Michael Eregae Ekidor, the County Executive Committee Member (CEC) in charge of Finance. The discovery is part of a

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Business News

Katiba Institute pushes for full disclosure of MPs’ employment contracts and salaries

The Katiba Institute has officially written to the Salaries and Remuneration Commission (SRC) and the Parliamentary Service Commission (PSC) to ask for information about the employment terms of Members of Parliament and Senators. In their statement dated March 30, the institute said they want clarity on several issues, especially regarding the salaries of Members of

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Business

Bernard Ndugu at the center of alleged treasury looting scandal

Concerns about corruption at the National Treasury have intensified following fresh allegations by Kileleshwa MCA Robert Alai and Githunguri MP Gathoni Wamuchomba. On Wednesday, Alai pointed fingers directly at the Accountant General Bernard Ndugu, saying he is at the center of massive corruption within the Treasury. Alai did not hold back in his statement. He

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