Business

Kenya’s Digital Lending Crisis As Instarcash On The Spot For Humiliating Borrowers And Abusing Personal Data

Instacash, like many digital lenders in Kenya, has attracted major backlash due to its controversial lending practices. These services often operate with minimal transparency,...

Kenya Power’s Ksh 19.28 Billion Write-Offs Expose Deep Financial Rot And Rising Defaults

Kenya Power has written off Ksh 2 billion in unpaid electricity bills in 2024, citing the debts as unrecoverable, pushing its total cumulative write-offs...

Auditor-General Exposes Kenya Power’s Fuel Tender Irregularities Amid Mounting Public Outrage

Kenya Power is facing criticism after the Auditor-General raised concerns about a fuel supply tender worth Ksh. 14.4 billion. This tender, which was meant...

Quickmart Exposed As Unethical Practices And Leadership Failures Threaten Its Future

Reports about the toxic work environment at Quickmart Supermarket Ltd continue to raise serious concerns. Following an earlier account, more employees have come forward...

Kenya’s Financial Future In Peril As Phased UAE Loan Highlights Debt Dependence And IMF Constraints

The loan agreement between Kenya and the United Arab Emirates (UAE), which will provide Kenya with KSh 193 billion, has been hailed as a...

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