Thursday, June 1, 2023

Civil servant faces Sh1.2bn asset seizure in graft war

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Nicholas Owino Ochiel. FILE PHOTO | POOL    

By SAM KIPLAGAT More by this Author

A senior official at the Ministry of Lands whose Sh1.2 billion assets are targeted for forfeiture over claims of corruption has accused the anti-graft agency of using

KQ averts loss of Sh310 million aircraft deposit

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Kenya Airways and South African Airways planes at Kamuzu International Airport in Lilongwe. FILE PHOTO | COURTESY   

By JOHN MUTUA More by this Author

Kenya Airways (KQ) has secured an extension of the validity period for a Sh310 million non-refundable deposit to Boeing, helping the national carrier avoid another

Mark Ocitti Ongom: A sigh of relief for new KBL boss after President Ruto spares beer new taxes

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Mark Ocitti Ongom, the new managing director of Kenya Breweries Limited (KBL). FILE PHOTO | POOL 

By DOMINIC OMONDI More by this Author

Mark Ocitti Ongom, the new managing director of Kenya Breweries Limited (KBL), the Kenyan subsidiary of the East African Breweries Limited (EABL), has come to...

Kagema Mwangi: US-trained engineer runs Enashipai Resort without a blink

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James Kagema Mwangi who runs Enashipai Resort. FILE PHOTO | POOL    

By JACKSON BIKO More by this Author

First, the father dies. But father isn't just any father, he happens to be one of the...

Treasury mulls mini-budget to clear Sh641bn pending bills

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

By EDWIN MUTAI More by this Author

The Treasury will table a Cabinet memorandum next week spelling out its plans to

President Ruto revives plans to lease five ports in Sh1.4trn U-turn

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President William Ruto presides over the 60th Madaraka Day celebrations at the Moi Stadium Embu on June 1, 2023. PHOTO | PCS    

By DOMINIC OMONDI More by this Author

President William Ruto’s administration will lease the operations and management of

Bank of Tanzania takes measures to tackle dollar volatility

 

The Bank of Tanzania (BoT) has issued new directives aimed at controlling foreign exchange trading in the country a directive that comes at a time when several African countries are struggling with the...