Listed Banks Report Mixed Results with Loan Contractions, Government Securities Uptick, and Profit Surges
Banks demonstrated a notable shift toward government securities during the period. Six of the nine listed lenders increased their holdings,…
Month: December 2024
Auditor General Flags Kenya Power’s Sustainability Amid Operational And Financial Challenges
Kenya Power recorded a negative working capital of Ksh 27.4 billion, marking a marginal improvement from the Ksh 51.2 billion…
EACC CEO Nominee Blames ODPP for Case Withdrawals, Pledges to Safeguard Commission’s Independence
The committee members also questioned whether Abdi’s appointment was politically motivated, with Kibwezi West MP Mwengi Mutuse asking, “Kenyans would…
Kenya County Government Workers Union Protests Nairobi Payroll Purge Over Biometric Registration
The Kenya County Government Workers Union has strongly condemned the Nairobi County Government’s decision to remove employees from the payroll…
Senate ICT Committee Summons Governor Natembeya Over Alleged Revenue Loss
Governor Natembeya was absent during the meeting, prompting Senator Chesang (Trans Nzoia) to probe the county’s revenue collection process. He…
Government Seeks New Investor for JKIA Expansion After Scrapping Adani Deal
“Where we are as a country, we have a very thin and tight fiscal space. Modernization is crucial, but we…
Prof. Olive Mugenda Under Fire: Nurses Allege Mismanagement, Threaten Nationwide Strike
The Kenya National Union of Nurses and Midwives (KNUNM) has levelled serious accusations against Kenyatta University Teaching, Referral, and Research…
Abdi Muhammud’s EACC Nomination Raises Alarming Questions
New revelations suggest that Muhammud may have been part of an EACC insiders’ team that facilitated the controversial purchase of…
Raila Odinga’s 2027 Presidential Bid Sparks Intense Succession Battle Within ODM
While Raila confirmed on Sunday that he would remain active in Kenyan politics, even if he is appointed the chairperson…
2027 Election Storm: Emerging Tribal Alliances, Power Struggles, and Mount Kenya’s Crucial Vote
President William Ruto, who no longer enjoys the level of support from the Mount Kenya region that he had in…