By Selphine Bosire A month Ago Kenya Today covered a launch of an innovation that it predicted will disrupt the loyalty business in Kenya and Africa.True to its promise, our reporter has been following the trends and success stories of this technology that was going to change the landscape of how businesses operate and reward […]
KPMG Audit EXPOSE on Safaricom Corruption May ATTRACT UK’s Serious Fraud Office and EACC INVESTIGATION
Safaricom Corruption Scandal has work cut out for Kenya’s EACC and British SFO Recent reports into allegations of fraud and endemic corruption on various contractual undertakings by Safaricom Ltd indicts top management with serious improprieties stemming from insider trading, conflict of interests and single sourcing and other scandals. The KPMG forensic report uncovers embarrassing strategic […]
PANIC GRIPS Safaricom as KPMG ‘CORRUPTION’ Report is LEAKED to Media and Investors
President Uhuru Kenyatta receives the proposed Anti-Bribery Bill prepared by the Kenya Private Sector Alliance from Safaricom CEO Bob Collymore (right), at State House, Nairobi, November 23, 2015. PHOTO | PSCU By Deep Cognition Panic has gripped tech-giant Safaricom as concerns mount over the implications of the explosive dossier which is being serialized by various […]
SAD: Woman to LOSE Job after TELLER at KCB Bank Nairobi branch STEALS 30k from cash deposit
A lady cashier at a retail chain outlet in Westlands Nairobi is set to be sacked after a teller at Kenya Commercial Bank xxxx branch conned her 30k when she went to make a deposit earlier this week. The Woman who usually makes deposits for her employer every day was shocked when the teller told […]
REVEALED: CORRUPTION; Conflict of Interest, Insider Trading, Overpriced Purchases in SAFARICOM- KPMG Forensic Audit
Conflict of Interest, Insider Trading, Overpriced Purchases, and more: Inside the ONE CAMPUS PROJECT of the #SafaricomKPMGScandal Kenya leading blue-chip technology firm Safaricom Limited has just announced its financial statements showing a staggering Sh.38bn in profits. The company is also smarting from highly incriminating allegations of corruption touching on the integrity its senior executives and […]
PHOTOS: NATURE STRIKES Nakumatt Ukay building, HEAVY FLOODING Sweeps stocks off the shelves
The wrath of nature is real, indeed Prof Wangare Maathai was right and land grabbers ARE WRONG!
Kenya’s Economic Growth is ARTIFICIAL via COOKED NUMBERS
KENYA’S ECONOMIC GROWTH THROUGH COOKED FIGURES: In the run up to the 2013 general elections, the Jubilee Coalition promised to create 1 million jobs per year. Over the past three years, data from the Kenya National Bureau of Statistics indicate that there has been a steady growth in employment that led to the creation of […]
How Specialist Import Finance is Enabling Smarter Investment Choices for Businesses.
Entrepreneurial business owners have discovered a new finance product which has enabled them to make more cost effective capital investments. The benefit to their cash flow is having a deep ripple effect through their businesses. We talked to two businesses that represent a number of innovative managers who have cottoned on to the growing trend […]
Jubilee regime wizardry in ‘stealing’ turns Uchumi supermarkets into a popcorn investor magnet
Currently, Uchumi Supermarkets are Kenya’s largest popcorn suppliers after the Jubilee administration sucked everything and brought it to its knees. At the moment, the only product dominating at Uchumi Stores countrywide is popcorn. In fact, all shelves are loaded with popcorn. What a shame. Since Uhuru took over power in 2013, his regime has messed […]
Breaking: After Chase Bank, Bank of Africa Sinks due to jumbo debts: UHURUTO at your service
Bank of Africa Kenya has sunk into losses for the first time in a decade, taking a hit from a mounting stock of bad debts linked to a Moi-era contractor and Mumias Sugar among other borrowers. The mid-sized lender — controlled by BMCE Bank of Morocco — made a net loss of Sh1.02 billion in […]