US-based IT firm, Cognizant Technology Solutions, under probe for bribery
The ongoing bribery investigations on Cognizant Technology Solutions (CTL) could spill over to the firm’s clients based in other countries, including parts of Africa where the US- ...
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State to recover stolen assets worth Sh577m
The government plans on recovering Sh577 million-worth of assets and property acquired through suspected corruption and hidden in off-shore accounts. National Treasury’s Asset Rec ...
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NTSA unveils revamped driving curriculum
The National Transport and Safety Authority (NTSA) has introduced a revamped curriculum for driving schools as part of its efforts to make the country’s roads safer. Prepared by e ...
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Longhorn’s Sh 530M rights issue approved
Listed-publishing house Longhorn Publishers Limited has received formal approval from the Capital Markets Authority to raise Sh530Million through a rights issue. The publisher wil ...
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Kenya’s fuel prices to remain high, regulator
Kenya's energy regulator has increased cost for a liter of Kerosene by Sh 2.53 to Sh 42.15 and warned of a possible drop in fuel prices on firming up of international crude oil ma ...
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African Capital Markets record strong figures in 2015
In line with global trends, 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic uncertainty in th ...
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Kenya’s competition watchdog to crack whip on state tender rigging
National treasury wants Competition Authority of Kenya (CAK) to help it crack whip on individuals engaging in tender fraud in state departments, a vice that is turning to be the b ...
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Cheap sanitary pads keeps Kenyan girls out of school
Kenya’s production of sanitary towels, meant to keep girl child in school, is facing headwinds as 'smuggled,' cheaper hygiene products from Asia floods the market. Manufacturers h ...
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