Business

Cracks in Kenya Re As Managing Director Hillary Wachinga Faces Scandal Over Alleged Age Bias, Questionable Hiring, And Financial Misconduct

Allegations of misconduct have emerged at Kenya Reinsurance Corporation Limited (Kenya Re), casting doubt on the company's leadership and posing risks to its reputation...

Questions Mount As DPP Drops Ksh7.6B Fraud Case Against Fugitive Tycoon Yagnesh Devani

The Director of Public Prosecutions (DPP), Renson Ingonga, has decided to withdraw the highly publicized Ksh7.6 billion fraud case involving Yagnesh Devani, a Kenyan...

Inside Kenya’s ‘Tenderpreneur’ Economy: How President Ruto And Allies Benefit From Billions In State Projects Amid Conflict Of Interest Controversies

The phrase "It's our turn to eat" has become emblematic of the concerns surrounding conflict of interest and favoritism in government projects under President...

Kenya’s UAE Loan Draws IMF Warnings As High Borrowing Costs Risk Squeezing Public Finances Further

Kenya’s recent decision to obtain a Ksh 193.6 billion ($1.3 billion) loan from the United Arab Emirates (UAE) has faced criticism from various financial...

Kenya’s Costly Power Gamble: Why The Adani-KETRACO Deal Could Hike Electricity Bills Instead Of Cutting Them

The recent Adani-KETRACO transmission line deal has stirred concern across Kenya. This deal, intended to expand the national transmission network, has been met with...

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