Joash

A vehicle belonging to Kisii Deputy Governor goes up in flames after knocking down a bodaboda rider. [Photo: Nation]

Epra CEO, Daniel Kiptoo cleared of contempt of court charges November 28, 2023
High Court judges say for one to be punished for contempt of court, it must be shown that his conduct was deliberate.
High Court suspends decision quashing Housing Levy November 28, 2023
High Court judges rule the collection of Housing Levy only from salaried employees discriminatory and unconstitutional.
Sh200 billion assets-rich parastatals put on sale November 27, 2023
President Ruto’s administration is proposing to sell 11 parastatals with an asset value of more than Sh200 billion.
Top banks set aside Sh62bn, anticipate record defaults November 27, 2023
Eight tier-1 banks including Equity, KCB and Stanbic have increased their loan-loss provisions by 45.8 percent to Sh62.5 billion.
Compensation for customers of collapsed stockbrokers raised four times November 27, 2023
The Treasury has raised the compensation paid to investors who lose money when a brokerage collapses by four times.
KenGen seeks to establish transformer, motors plant November 27, 2023
KenGen is seeking to establish a local manufacturing plant for transformers and motors.
CEOs’ woes as regulations cause headache November 27, 2023
Increasing regulatory requirements have toppled emerging or disruptive technology.
Power purchases from grid slow down on price increases November 26, 2023
The purchase of electricity from the national grid in the nine months to September 2023 grew at the slowest pace in more than three years.
MPs plot to impeach Ndung’u, Thugge over shilling free fall November 26, 2023
Parliament has directed the Treasury and CBK to stabilise the depreciating shilling within the next one month.
Nairobi secures Sh15.3bn from Korea for second Northern Collector Tunnel November 26, 2023
Nairobi City County will receive $100 million (Sh15.3 billion) funding from the Korean government.