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Two Former NYS Officials Found Guilty in Ksh791 Million Corruption Trial
NEWS

Two Former NYS Officials Found Guilty in Ksh791 Million Corruption Trial

Samuel Wachenje and Hendrick Nyongesa Pilisi, former employees of the National Youth Service (NYS), have been convicted of multiple charges of fraud and...

Desert Locusts mating. The FAO says that the situation in East Africa is extremely alarming and will get worse with new infestations. www.businesstoday.co.ke
FEATURED STORY

Desert Locust Situation is Extremely Alarming – FAO

The Desert Locust situation is extremely alarming and will be further exacerbated by new infestations expected in early April of this year, the...

FEATURED STORY

Court allows Family Bank plea bargaining deal in NYS case

Family bank has been ordered to pay back Ksh 24.5 million which will be deposited into the account of the National Youth Service...

FEATURED STORY

Family Bank, DPP reach Sh64.5m out of court deal in NYS case

Ksh 24.5 million will be deposited into account of NYS and the balance of Ksh 40 million shall be deposited as court fine

FEATURED STORY

Move to sanction banks in NYS looting saga justified, CBK says

CBK says the written submissions by the commercial banks fail to warrant reversal of the hefty fines it imposed on them

POLITICS

Waiguru meets Raila, withdraws defamation suit

Kirinyaga Governor made the announcement on Twitter after meeting Raila, saying she opted not to pursue the matter in the spirit of reconciliation

FEATURED STORY

Cabinet OKs Brand Kenya Board, Export Promotion Council merger

New entity will be a one-stop shop for all trade promotion and branding activities covering local as well as regional and international engagements...

FEATURED STORY

Banks rush to open vaults to NYS scandal probe

KCB Bank Kenya, Equity Bank and Diamond Trust Bank in swift move, which is seen as aimed at preventing confrontation with investigators, say...

FEATURED STORY

Five banks fined Sh392m for illegal Sh3.5b NYS transactions

In a statement, CBK said the banks were found to have been in violation of requirements stipulated under Kenya's anti-money laundering/ combating financing...