February 22, 2025
Nairobi, Kenya

Business

Business

EACC moves to seize assets worth ksh1.9 billion from Waititu over unexplained wealth

Former Kiambu Governor Ferdinand Waititu is once again in the spotlight as the Ethics and Anti-Corruption Commission (EACC) moves to seize assets worth over Sh1.9 billion. The anti-graft agency has raised concerns about how Waititu acquired these properties, arguing that he has failed to provide a credible explanation for their ownership. Among the assets targeted

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Business

Diving deeper into the disappearance of ksh 13.3 billion at KUSCCO

The KUSCCO scandal has shaken Kenya’s financial sector, exposing a web of corruption and mismanagement that has left the Kenya Union of Savings and Credit Co-operatives (KUSCCO) insolvent and its members’ savings at risk. At the center of this scandal are four main suspects whose actions have not only tarnished their reputations but also raised

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Business

Ruto on the spot as secret document shows his Govt borrowed ksh 562.7m daily between Sept 1-Dec 1 2024

President William Ruto is facing a fresh hurdle after new documents were presented to the National Assembly by Treasury Cabinet Secretary John Mbadi. According to a report published on Monday’s People Daily, the documents show that the Kenya Kwanza government borrowed an average of KSh 562.7 million daily between September 1 and December 1 last

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Business

Ruto government borrows ksh 68 billion in just four months, raising debt concerns

According to a report by Kenyans.co.ke, a recent disclosure to the National Assembly has revealed that President William Ruto’s administration borrowed Ksh 68 billion from external lenders between September and December last year. This large debt accumulation has raised concerns about the country’s increasing financial burden and the sustainability of its economic plans. The report,

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Business

Shell fuel scandal deepens as another motorist blames contaminated v-power for engine damage

Shell fuel stations, managed by Vivo Energy Kenya, are once again in the spotlight after another motorist came forward with claims of contaminated fuel causing engine damage. This incident was recently shared by Cyprian Nyakundi on his X page, bringing attention to the growing concerns among Kenyan drivers about the quality of fuel sold at

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Business

Taxpayers lose millions as KenGen and Joymacx enterprises on the radar over shady procurement deal

Cyprian Nyakundi recently brought to light a troubling case of corruption involving Kenya Electricity Generating Company PLC (KenGen) on his X platform. The High Court has made a ruling that stops KenGen from illegally awarding a Ksh 47 million cleaning contract to Joymacx Enterprises. This decision came after the Public Procurement Administrative Review Board (PPARB)

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Business

Turkana Senator caught in sh20 million mystery as police probe shady Syokimau heist

Turkana Senator James Lomenen is now in the middle of a serious police investigation after Sh20 million reportedly went missing from his Syokimau home on the same night former Deputy President Rigathi Gachagua was impeached. This incident, reported on Thursday, February 13, 2025, has raised many questions about the source of the money and the

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Business

CBK report reveals price-hike of select food items from February

Kenyans have been warned to brace for an increase in food prices starting February this year. A new report by the Central Bank of Kenya (CBK) has indicated that the prices of grains and other food products will continue to rise for the second month in a row. The report, which was released on Tuesday,

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Business

Nelson Amenya exposes Jayesh Saini’s alleged monopoly over Kenya’s health sector and billions in insurance scams

Jayesh Saini’s grip on Kenya’s health sector has raised serious concerns, with allegations of monopolistic control and unreliable insurance schemes. Nelson Amenya, along with a section of Kenyans, has exposed how his companies, Minet, Bliss Healthcare, and MAKL, have created a flawed system that puts profits before the well-being of Kenyans. Teachers, who are among

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Business

DCI operation uncovers repackaging of stolen subsidized fertilizer in Kisii

Detectives from the Directorate of Criminal Investigations (DCI) in Kisii South have uncovered a major scam involving stolen government-subsidized fertilizer. A sting operation led by security officials exposed a group of unscrupulous businessmen repackaging the fertilizer and selling it to unsuspecting farmers. The operation took place in a secret hideout where officers discovered a well-organized

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