BUSINESS DAILY
Another senior KQ manager quits
Kenya Airways’ human resources director Sammy Chepkwony has resigned from the national carrier, just five months after joining from Tata Chemicals Magadi where he...
Nakumatt warehouse taken over unpaid taxes
URA’s decision is set to exacerbate Nakumatt’s troubles with other creditors who are already short on patience.
Nakumatt seeks cover in court to evade auctioneers
Troubled retail chain Nakumatt has secured a court order barring the owners of the mall that hosts its Nakumatt Mega store on Uhuru Highway...
The highest paid CEOs in Kenya
Sanlam Kenya, Deacons East Africa, KenolKobil KenGen and Kenya Re make the list of companies that lead the executive pay transparency drive — having announced a mix of flat and higher pay for their chief executives in 2016
Kenyan woman fights with Australian man for Sh100m estate
Ms Lucy Wanjiku Muku and Karl Salzmann are fighting over the property, mainly comprising holiday homes located on the second-row beach plots
Strong signals for Faiba mobile money service
Jamii Telecom has applied to register trademarks for payments and mobile money services, signalling plans of venturing into this lucrative segment of the telecom...
Kenyan tycoon fights back in Sh520m maize deal
The tussle involves a debt that flour milling tycoon Diamond Hasham Lalji guaranteed his companies, which he says Cargill is demanding more than one year before it is due and in breach of a settlement plan agreed when the deal was signed
Over two million Kenyans face heavy tax return penalties
Penalty for late filling of tax returns for those employed will amount to a penalty of 25 per cent of tax due or Sh10,000 depending on which is higher
KCB could cough up Sh40bn in NBK takeover bid
The government is said to be looking to sell the stake in NBK, seeing it as the best shot at finding a lasting solution to the perennial problems the lender has faced over the years
Govt appeals ruling awarding MCAs eight months pay without work
Attorney General Githu Muigai reckons the interpretation by the High Court perpetuated discrimination by treating Assembly members preferentially from other elected officers without justifiable cause, contrary to the constitution