![A construction site in Nairobi. The online portal allowing developers to apply for various approvals is set to resume operations after a three-week disruption. [Photo/ ConstructioninKenya]](https://businesstoday.co.ke/wp-content/uploads/2021/06/construction-site-1.jpg)
When Nairobi Construction Approvals Will Resume – NMS Announces
The disruption was blamed on hackers who, working with insiders, infiltrated the e-construction development plans application system and issued at least 18 approvals...
MARTIN SIELE1 Mins read
NCBA Takes Over Chandaria’s Kaluworks Over Ksh4 Billion Debt
NCBA Group appointed a receiver manager, Pongangipalli Rao, for the firm which is among the country's biggest manufacturers of aluminium utensils and roofing...
MARTIN SIELE1 Mins read
![Mark Otieno (l) and Ferdinand Omanyala (R) pose after running Olympic-qualifying times in the Team Kenya trials held at Kasarani Stadium on June 17, 2021. [Photo/ Mark Otieno]](https://businesstoday.co.ke/wp-content/uploads/2021/06/Omanyala.jpg)
Sprinting to Tokyo in Borrowed Spikes: Otieno, Omanyala Shine in 100M Final
The two athletes are now in line to represent Kenya at Tokyo 2020 in the Mens' 100M, although Omanyala will have to wait...
MARTIN SIELE2 Mins read
![Cabinet Secretary Ukur Yattani pictured with the budget briefcase on June 10, 2021. Kenya's first Eurobond issue in two years was oversubscribed, with the Treasury terming it a sign of investor confidence in the country's economic recovery plan supported by the International Monetary Fund (IMF). [Photo/ National Treasury]](https://businesstoday.co.ke/wp-content/uploads/2021/06/YATTANI-scaled.jpg)
Kenya Raises Ksh108 Billion in Fresh Eurobond, Eyes More Debt
The bond was over-subscribed with over Ksh582 billion (USD 5.4 billion) offered by investors. The raise followed a 3-day virtual Eurobond roadshow where...
MARTIN SIELE2 Mins read
![SRC chairperson Lyn Mengich. The staying of annual salary reviews is set to affect civil servants across the country. [PHOTO | NMG]](https://businesstoday.co.ke/wp-content/uploads/2021/06/MERN.jpg)
Civil Servants’ Salary Reviews Frozen for 2 Years by SRC
The body cited the effects of the Covid-19 pandemic for the decision, stating that constraints to the budget meant that the move was...
MARTIN SIELE1 Mins read
Govt’s New Biashara Kenya Fund Offers Youth, Women Loans at 6% Interest
Known as the Biashara Kenya fund, the restructured entity will offer affordable loans to youth, women and People with Disability (PWDs). The cost...
MARTIN SIELE1 Mins read
Jimmy Wanjigi for President? Billionaire Throws Hat in 2022 Ring
Jimmy Wanjigi is best known to many Kenyans as a high-rolling power broker and businessman worth billions of shillings. Soon, however, he might...
MARTIN SIELE2 Mins read
![Goldenscape Director Peter Wangai Muriithi (in red) hands over a dummy cheque before he was accused of defrauding investors hundreds of millions of shillings. [Photo/ Goldenscape Greenhouses]](https://businesstoday.co.ke/wp-content/uploads/2021/06/Goldenscape-Group.jpg)
Greenhouse Con: Goldenscape Owner’s Multi-Million Assets Frozen as Case Continues
His company, Goldenscape Greenhouses, had promised investors hefty returns on a regular basis for investing in greenhouses. The firm ran a glitzy marketing...
MARTIN SIELE2 Mins read
