PHOTO/ FILE Former Finance minister Uhuru Kenyatta. The Deputy Prime Minister bowed out of his 10th floor Treasury Buildings office after three years, after the International Criminal Court committed him to stand trial for crimes against humanity arising from the 2007-2008 post-election violence.

The Big Story

ICC charges hound Uhuru out of Treasury

Posted 1 day ago

Uhuru Kenyatta on Thursday stepped down as Finance minister, succumbing to a jinx that has haunted holders of that docket since 1993. ...

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Corporate News

Peter Muthoka, (left) and CMC’s chief executive Bill Lay (right). CMC Holdings lost more than Sh1.1 billion in inflated charges paid over five years to a transport and logistics firm owned by CMC board member and former chairman Peter Muthoka, a forensic audit by PricewaterhouseCoopers (PwC) has found. Mr Lay accused Mr Muthoka’s transport and logistics services firm, Andy Forwarders, of overbilling.

Audit reveals how inflated tenders cost CMC Sh1.1 bn

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PwC says former chairman Peter Muthoka’s firm charged high fees for services to the motor dealer...

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Corporate News

An oil rig. Africa Oil and Tullow have started drilling two wells in northern Kenya, hoping to confirm existence of oil in block10BB near Lodwar by the end of the year. Photo/FILE

Two firms in joint venture to drill for oil near Lodwar

Posted 1 day ago

Africa Oil and Tullow have started drilling two wells in northern Kenya, hoping to confirm existence of oil in block10BB near...

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Corporate News

A Kenya Airways plane. The airline’s operational performance report for the third-quarter ended December last year indicates that passenger numbers shot up to 956,742. Photo/FILE

KQ route expansion lifts passengers by 15.4 pc

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Kenya Airways’ new local and international routes have lifted passenger numbers by 15.4 per cent, signalling the likelihood of...

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