A borrower has come forward with disturbing claims against Momentum Credit, accusing the company of unfair loan repayment practices that have left him financially drained despite years of consistent payments. The individual, speaking to Cyprian Is Nyakundi, shared that he borrowed Ksh 205,000 from Momentum Credit in 2020 but has been subjected to a repayment
Many Kenyans are now facing an uncertain future following a new development that could see hundreds lose their jobs in the coming months. This follows the announcement that 140 companies are set to be removed from the official Register of Companies after the issuance of a dissolution notice by the Registrar of Companies. The announcement
The recent ruling by the Environment and Land Court in Kisumu has stirred both relief and concern across the region after the court declared that the Kibos area, home to several major factories, is not an officially designated industrial zone. This means all ongoing industrial activities in the area have been declared illegal, sending shockwaves
The recent events in Ruiru have opened a painful wound for many hardworking boda boda riders who now feel betrayed by a system they once trusted. What began as isolated cases of missing motorbikes has exposed what riders believe to be a disturbing pattern involving Jijenge Uwezo Limited, a loan company accused of colluding with
News of the arrest of Kenyan businessman Gor Semelang’o in Dubai has drawn attention both in Kenya and among Kenyans living abroad. Reports indicate that Semelang’o, who once chaired the Youth Enterprise Development Fund, is currently being held in the United Arab Emirates after a dispute with a Kenyan woman who was his business partner
Kenya is quietly negotiating with India’s Adani Group for a possible payout after cancelling a Sh96 billion electricity transmission contract a move that has raised fresh concerns over how the government handles mega infrastructure projects. According to officials at the Treasury’s Public Private Partnership (PPP) Directorate, the talks are aimed at reaching an “amicable settlement”
Kenya’s telecommunications giant Safaricom has found itself in the middle of a growing legal storm after private efforts to resolve a major data privacy dispute failed. The matter, which has now reached the High Court, revolves around claims that the personal information of about 11.5 million Safaricom customers was leaked and shared without their consent.
President William Ruto has joined a global list of some of the wealthiest world leaders, according to a recent publication by Yahoo Finance. The Kenyan Head of State appears alongside other powerful figures such as former US president Donald Trump, Russia’s Vladimir Putin, and Rwanda’s Paul Kagame. The list compares the financial fortunes of leaders
The story of Clare, a young woman who worked at The Bull by Karen, has shaken many Kenyans and opened discussions about sexual harassment in workplaces. Clare shared her painful experience on X, where she revealed that her boss, Andrew Wakahiu, repeatedly harassed her while she worked at the restaurant and meat factory along the
It began like a classic tale of trust and betrayal. Haile Menkerios, a respected Eritrean diplomat who once walked the halls of the United Nations, spent decades resolving conflicts and helping rebuild nations. When he finally retired, he looked forward to quiet days, family, and a bit of business on the side. Instead, he walked