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,…
Day: December 4, 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…