July 22, 2026
Nairobi, Kenya

Business

Business

Kikuyu business owners decry harsh enforcement under KRA board chairman Nderitu Muriithi

Kenya Revenue Authority (KRA) policies under Board Chairman Nderitu Muriithi are pushing numerous small and medium-sized importers, many operated by Kikuyu traders which now looks like they’re being targeted, to the brink of closure amid sharp increases in tax demands that render operations unsustainable. Businesswoman Loise Kim is among those affected, reporting that her operations

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Business

How Mwananchi Credit used fake legal loopholes to hide their predatory lending practices

A High Court ruling has exposed how a KSh7 million loan from Mwananchi Credit Limited nearly turned into a KSh22 million repayment burden, raising fresh concerns about the lender’s loan terms and the risks facing borrowers who use valuable property as security for short-term credit. In the judgment, the court stopped Mwananchi Credit from recovering

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Business

Road safety or corporate extortion? The multi-billion shilling pact weaponizing fines for KCB profit

A highly controversial partnership between the National Transport and Safety Authority (NTSA) and KCB Bank has locked Kenyan motorists into what legal minds and consumer watchdogs are calling a state-sponsored coercion scheme, forcing citizens into physical bank queues to clear opaque and heavily contested traffic fines. In a country globally celebrated for pioneering digital finance,

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Business

Is Gladys Wanga’s acclaimed leadership built on the financial ruin of local businesses?

For years, Governor Gladys Wanga has been celebrated as a strong leader, a woman of action, and a key figure in Homa Bay County. Yet, behind this public image, a troubling story is unfolding one that is breaking families and destroying trust. The recent testimony of a supplier, Maina KE, brings this crisis into sharp

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Business

Nathaniel Akinniyi breaks down crypto, blockchain and Web3 on Mwelekeo TV

Mwelekeo TV recently hosted an informative discussion on cryptocurrency, blockchain, and Web3, where Nathaniel Akinniyi spoke with host Dr. Isaac Kweyu about how these technologies work and why they are attracting growing interest, especially among young people in Kenya. Drawing from his experience in crypto trading since 2017, Nathaniel shared practical lessons about the industry

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Business

ABSA executive Sitoyo Lopokoiyit questioned over integrity of his past Safaricom record

Questions are being raised about Sitoyo Lopokoiyit following a recent court ruling involving his former employer, Safaricom, even as he settles into his new leadership role at Absa Group. Lopokoiyit, who now heads personal and private banking at Absa, joined the bank on 1 April 2026 after ending a long career at Safaricom at the

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Business

Fresh blow for Bia Tosha as court rejects bid to halt Diageo–Asahi transaction

High Court rules company cannot seek similar interim relief after moving dispute to the Court of Appeal Bia Tosha suffered another legal setback after the High Court dismissed its latest application seeking to stop completion of the proposed Diageo–Asahi transaction involving East African Breweries PLC (EABL). In a ruling delivered on Thursday, the court held

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Business

Bolt denounces fraudulent document claiming end of its Kenya operations

It has come to our attention that a fraudulent document purporting to be an official communication from Bolt Kenya is currently circulating on social media and messaging platforms. The document falsely claims that Bolt will cease operations in the Kenyan market effective 8th June 2026. We wish to categorically state that this document is fake

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Business

Mwelekeo TV brings Soita Wafula to discuss AI, innovation and opportunities in Africa

Mwelekeo TV continues to spark important conversations about the future of Africa, with its latest episode focusing on artificial intelligence and the opportunities and risks it brings to the continent. Featuring Soita Wafula, the discussion looks at whether Africa is ready to take advantage of AI or whether it risks falling further behind as the

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Business

Mwelekeo TV hosts Hillary Kadenge Tuba to explain managing freelance income through SACCOs

Mwelekeo TV is quickly carving out its space as a home for fresh, practical, and forward thinking conversations on business. In its latest episode, host Kevin Waswa sits down with finance expert Hillary Kadenge, widely known as Kadenge Tuba, for a conversation that feels both timely and necessary. The focus is on a topic many

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