![Flutterwave became Africa's most valuable startup in February 2022 when its valuation crossed $3 Billion (Ksh356.1 Billion). [Photo/ Al Jazeera]](https://businesstoday.co.ke/wp-content/uploads/2022/07/ezgif.com-gif-maker-2.jpg)
Flutterwave Exposed – CBK Slams Nigerian Fintech Amid Ksh6.2B Freeze
Flutterwave lacks the licenses to operate in Kenya, the Central Bank of Kenya (CBK) has stated. The declaration comes weeks after a Nairobi...
MARTIN SIELE1 Mins read
![Rigathi Gachagua, MP for Mathira, is the running mate to the current Deputy President William Ruto - one of the frontrunners for the Presidency in the August polls. [Photo/ Jeff Angote|NMG]](https://businesstoday.co.ke/wp-content/uploads/2022/07/rigathi-2.jpg)
Rigathi Loses Ksh200M After Failing to Explain Source of Cash
United Democratic Alliance (UDA) Deputy Presidential candidate, Rigathi Gachagua, has lost Ksh200 million to the state after failing to explain to a court...
MARTIN SIELE1 Mins read
![KU Vice-Chancellor Prof. Paul Wainaina at a past event. He left his position under immense pressure. [Photo/ YouTube]](https://businesstoday.co.ke/wp-content/uploads/2022/07/images-2022-07-12T173316.081-1.jpeg)
Ousted KU VC Gets His Job Back
Kenyatta University has been ordered by a court to reinstate suspended Vice Chancellor Paul Wainaina. Wainaina left his position amid a tussle with...
MARTIN SIELE2 Mins read
![Norah Jeruto celebrates winning the Women’s 3000 meters Steeplechase at World Athletics Championships. [Photo: AP Photo/Gregory Bull]](https://businesstoday.co.ke/wp-content/uploads/2022/07/athlete.jpg)
How Ex-Team Kenya Star Bagged Ksh30M Shining for Kazakhstan
Norah Jeruto moved to Kazakhstan and became a citizen five years ago, aged 22. Up until that moment, she was one of Kenya's...
MARTIN SIELE2 Mins read
![Safaricom CEO Peter Ndegwa stated that the changes would have little effect on the company's everyday operations. [Photo/ LinkedIn]](https://businesstoday.co.ke/wp-content/uploads/2022/07/Safaricom-CEO-Peter-Ndegwa-copy-scaled-1.jpg)
Safaricom Plots New-Look Corporate Structure
Safaricom is preparing to restructure the company in a move that would see its mobile money unit, M-Pesa, split from its telco operations....
MARTIN SIELE1 Mins read
![Among other challenges facing KEMSA, the authority has a bloated workforce according to a report by the Auditor-General. [Photo/ Kemsa]](https://businesstoday.co.ke/wp-content/uploads/2022/07/kemsa-1-3.jpg)
378 Vacancies at KEMSA as Firm Restructures
The Kenya Medical Supplies Authority (KEMSA) is set to advertise 378 vacancies this week. It is part of a restructuring of the organization...
MARTIN SIELE1 Mins read
![NTSA has previously suspended the company's operations after accidents, including in December 2019 after two Modern Coast buses collided killing seven passengers and injuring several more. [Photo/ Modern Coast]](https://businesstoday.co.ke/wp-content/uploads/2022/07/FB_IMG_1612332363780.jpg)
NTSA Grounds Modern Coast After Deadly Crash
The National Transport and Safety Authority (NTSA) has on Monday, July 25 suspended the operations of 31 vehicles belonging to travel company Modern...
MARTIN SIELE1 Mins read
![The 'Gas Yetu' brand sold under its Mwananchi Gas program. The program collapsed in 2018 after thousands of faulty cylinders were supplied to Nock. [Photo/ File]](https://businesstoday.co.ke/wp-content/uploads/2022/07/ezgif.com-gif-maker-1.jpg)
Govt’s Ksh2,100 Gas Cylinders Return – Here’s Where to Find Them
The National Oil Corporation of Kenya (Nock) is set to reintroduce subsidized Liquefied Petroleum Gas (LPG) cylinders to the Kenyan market beginning August...
MARTIN SIELE1 Mins read
