Business

KenGen Reports Profit Surge Amid Strategic Shift Toward Renewable Energy

Kenya Electricity Generating Company (KenGen) has announced a remarkable 35% increase in profit after tax for the fiscal year ending June 30, 2024, reaching...

Warrant Of Arrest Issued For Businessman James Warutere Njege In Moi Stadium Tender Fraud Case

A Nairobi court has issued a warrant for the arrest of businessman Paul Mwangi Warutere, accused of orchestrating a fraudulent tender scheme involving the...

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...

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