CLEANSHELF SUPERMARKETS ORDERED TO PAY KSH 500,000 FOR HUMILIATING CUSTOMER IN SHOPLIFTING ALLEGATIONS

The High Court recently ruled against Cleanshelf Supermarkets, ordering the retail chain to pay Ksh 500,000 in nominal damages to Evelyn …

SAFARICOM LAUNCHES Ksh30B ‘CITIZENS OF THE FUTURE ’ PROGRAMME TO TRANSFORM EDUCATION

Safaricom, through its philanthropic arm M-PESA Foundation, has launched an ambitious Ksh30 billion education Initiative Called “Citizens of …

UFAA WARNS FIRMS OVER SH5 BILLION IN UNCLAIMED ASSETS , THREATENS HEAVY PENALTIES

The Unclaimed Financial Assets Authority (UFAA) has issued a stern warning to institutions holding unclaimed financial assets worth Sh5.08 …

EQUITY BANK , 8 UNIVERSITIES AND MWALIMU SACCO AMONG 20 FIRMS FINED Ksh 2.2 BILLION FOR UNCLAIMED FINANCIAL ASSETS BY UFAA

The Unclaimed Financial Assets Authority (UFAA) has imposed hefty fines totaling Ksh 2.23 billion on 20 companies, universities, and …

High Court Clears Auction of Tuskys Supermarket Assets to Recover Debts

The High Court in Mombasa has approved Diamond Trust Bank (DTB) Kenya’s move to auction Tuskys Supermarket’s Athi River branch.

KRA ANNOUNCES 4-HOURS SCHEDULED MAINTENANCE FOR DOMESTIC TAX SYSTEM

The Kenya Revenue Authority (KRA) has announced a scheduled maintenance of the domestic tax system, specifically the iTax platform.

Investor Optimism and Legal Challenges Amid Kenya’s Privatization Drive in 2025

Investor enthusiasm is surging at the Nairobi Securities Exchange (NSE) following President William Ruto’s signing of the Privatization …