Latest Business news in Kenya and political news from Kenya

Gov’t Announces 34 ICT Vacancies – How to Apply

The Public Service Commission (PSC) on Tuesday, March 7th announced vacancies for Information Communication Technology (ICT) officers. A total of 34 roles are open in the Ministry of ICT and Digital Economy.

Mudavadi’s Nairobi Apartments, Offices Minting Millions

Prime Cabinet Secretary Musalia Mudavadi has previously placed his net worth at around Ksh4 billion. While he has holdings and assets including stocks, homes and an aircraft hiring business, Mudavadi has cited rental income as one of his biggest earners.

Inside Ruto’s Hotels in Mombasa, Nairobi

His hospitality portfolio includes high-end hotels in Kenya's two biggest cities - Mombasa and Nairobi. His efforts in the sector also haven't been without controversy, with his properties the cause of multiple battles with authorities over the years.

Posta Eyes Delivery Market With 47 New Warehouses

It is also keen on accelerating its digital transformation to take it out of the red, with focus on facilitating logistics for ecommerce in Kenya. The corporation has been unable to leverage its extensive network and infrastructure to drive growth, and by June 2020 had accumulated losses amounting to Ksh5. 9 billion.

Multi-Million NCBA Deal Returns to Haunt Uhuru

The NIC-CBA merger in 2018 created NCBA - Kenya's third-largest bank by asset value. It was completed though a share swap, with NIC group shareholders owning 47 percent of the merged entity and CBA shareholders including the Kenyatta family owning 53 percent of the merged entity.

CBK Licenses 12 More Digital Lenders – See All 22 Licensed...

The latest update by CBK comes against the backdrop of frustration from digital lenders who are yet to receive their licenses, and face potential removal of their apps from Google Play Store. In November 2022, Google announced that it would require loan apps to submit proof of licensing in Kenya to host them on its app store, with effect from January 31, 2023.

One Town One Bar: Storm Over Rigathi’s Alcoholism Proposal

Gachagua is pushing county governments in the Mt. Kenya region to cut the number of the entertainment joints whose licenses allow them to operate late into the night, as opposed to regular bar licenses requiring them to close at 11 pm.

Supreme Court on Divorce: No 50:50 Wealth Splits

The bone of contention was whether assets in divorce cases should be distributed on a 50-50 basis or on the basis of individual contributions to their acquisition. Article 45(3) of the constitution does not state distribution should be on a 50:50 basis or provide a mathematical formula of sharing matrimonial property.

5 Projects Ruto is in Nyanza to Launch

Ruto is set to commission and launch several projects in the course of the tour, in addition to attending a homecoming ceremony for ICT Cabinet Secretary Eliud Owalo.

ChildFund, LEAP Africa Roll Out Youth Development Programs In 9 Countries

ChildFund International and LEAP Africa, an organization that promotes youth leadership, have partnered to implement youth development programs in Kenya and eight other African...