- The bank claimed that the loss occurred while the money was in Wells Fargo’s custody. It claimed the company failed to exercise reasonable care and diligence, breached its duty to provide...
- As hybrid work becomes the norm and businesses migrate applications to the cloud, the demands placed on corporate networks have increased exponentially.
- A medical check-up begins once a patient walks into a doctor’s office. There are various things the doctors take note of, and tailor the check-up to fit the desired target population.
- Africa has significant potential for carbon appropriation but it lacks the infrastructure, regulatory strength and technical know-how, to benefit equitably from these markets.
- Economic analysts had earlier opined that the long-standing stability of the local currency had extinguished the motivation to continue holding foreign reserves in banks.
- Marine insurance is not just a matter of regulatory compliance. It is an essential risk management tool that ensures business continuity and peace of mind, despite the numerous risks faced on the...
- It’s no coincidence that organisations have recently identified an urgent need to modernise their finance function, aiming to spend less time on operational tasks such as report preparation and...
- A judge has ordered the Judiciary to pay over Sh111 million in rent arrears after failing to settle a two-year-old arbitration award over leased office space.
- Several retail outlets including Naivas Supermarkets in Nyeri and Naivasha were looted as protests turned violent with more than 10 people killed and over 400 hospitalised.
- Analysts say however that investors, particularly foreigners, will be looking keenly at the government’s response to the new protests to judge whether the political risk will persist.
- The target companies are those recording fast revenue growth or those in emerging businesses anchored on new products and/or services with strong potential for growth.
- The AfDB ERI for Africa 2024 ranks Kenya second on the continent—behind Senegal—in terms of energy regulation, pushing Uganda, which had led since 2018, into third place.
- The court found that the Act was against Section 120 of the County Governments Act, which mandates counties to establish a tariffs and pricing policy for public services offered by the devolved...
- Justice Roseline Aburili found that the application challenging the magistrate’s decision appeared to be a collateral attempt to escalate compensation far beyond the bounds of proportionality.
- 'The housing levy brings in at most Sh72 billion, so we must leverage that. We’re partnering with investors to bring in private capital and use the levy as an off-take guarantee.'
- Protecting the natural environment is central to Kenya’s development and the rest of sub-Saharan Africa, yet we seem to be trading off this irreplaceable asset with alien definitions of...
- The court found that the National Treasury’s mandate to rationalise expenditure is a legally grounded function meant to promote fiscal sustainability, efficiency, and alignment with national...
- What are the important long-term policy questions? Have CRBs made a meaningful impact on our credit markets? With a non-performing loans (NPL) ratio of 17 percent, Kenya’s banking sector...
- In the claim, Uchumi had further alleged that the franchisee sold goods below safety standards, with most lacking the Kenya Bureau of Standards (Kebs) mark of quality.
