April 22, 2026
Nairobi, Kenya

Business

Business

Susan Mang’eni clarifies NYOTA rewards talent over Hustler Fund use

The Ministry of Micro, Small and Medium Enterprises (MSMEs) has clarified that the final selection for the NYOTA programme will strictly depend on candidates’ performance in entrepreneurial aptitude tests, not on their access to or participation in the Hustler Fund. Principal Secretary for MSMEs, Susan Mang’eni, made the clarification while addressing growing public misconceptions that

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Business

DCI corners Ishmael in multi-million gold fraud along Dennis Pritt road

The arrest of Abbas Bardu Omuyoma, also known as Ishmael, has once again revealed how gold scams continue to stain Nairobi’s image as a hub for illicit business dealings. Ishmael, who was taken into custody by detectives from the DCI Nairobi Regional Office, is accused of defrauding a Canadian investor of USD 280,000 in a

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Business

Questions mount over KCB’s conduct after fresh claims of forgery, bribery and assassination

Captain Kung’u Muigai’s long battle with KCB bank exposes a dark side of Kenya’s financial system that has gone unchecked for decades. At the heart of the dispute is Muiri Coffee Estate, a 443-acre farm in Juja worth billions of shillings, which Muigai says was fraudulently seized by KCB through forged documents and questionable court

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Business

KCB dragged into dark allegations of buying justice in Kung’u Muigai land row

KCB Bank is again facing damaging accusations, this time from Kung’u Muigai who has come forward with claims that reveal how deep-rooted corruption and manipulation within the institution may run. Muigai has accused the bank of allegedly using its financial might to influence top judges in an attempt to frustrate him in an ongoing land

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Business

Safaricom’s role in Mokaya case raises questions on data protection and trust

David Mokaya’s case is now exposing a much bigger problem than a single social media post. The Moi University student is still facing charges after he was arrested last November for sharing an AI-generated image that showed a coffin with President William Ruto’s name on it. What he thought was satire has turned into a

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Business

Police in Mombasa bust Sh100M fake cooking oil network in major crackdown

The discovery of fake cooking oil worth more than Sh100 million in Mombasa has brought new attention to the growing problem of counterfeit goods in the country. Police acted on intelligence that pointed to secret storage and distribution points operating in the coastal city. The operation exposed a well-organized network that had been supplying cooking

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Business

CBK raises licensed digital lenders to 153 as more firms enter market

Kenya’s financial sector continues to see steady changes as the Central Bank of Kenya pushes forward with efforts to regulate digital lending. With the announcement of 27 more Digital Credit Providers receiving licenses, the total number of approved lenders has now reached 153. This follows an earlier round in June where 41 more providers were

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Business

President Ruto’s office splashes Ksh.1 billion on advisors amid skyrocketing administrative spending

The latest report from the Office of the Controller of Budget, Margaret Nyakang’o, has revealed troubling spending patterns at the Executive Office of the President. According to the National Government Budget Implementation Review Report for the financial year 2024–2025, Harambee House spent an average of Ksh.2.2 million per day on printing services alone, totaling Ksh.817

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Business

Tourism Fund in Ichung’wah’s bill seen as a shadowy plan that could open doors to looting

Kimani Ichung’wah is pushing the Air Passenger Service Charge (Amendment) Bill, 2025, which keeps flight charges at USD 50 for international and Ksh 600 for domestic but changes how the money is shared. The funds will go to four agencies, including three that already receive money from the government, raising concerns that travelers are being

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Business

Scams tied to insider leaks put KCB’s commitment to security in question

KCB Bank customers have been raising alarm about the safety of their money and personal details. More and more people are speaking out after noticing that once they receive large deposits or when their account balances rise, they start receiving suspicious calls and text messages. These are not ordinary spam messages but targeted ones, with

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