Newsline Media & Training Agency - Attachment Opportunities

Business

Petitioner seeks insolvency process for KUSCCO over Sh17.7bn liabilities
Business

Petitioner seeks insolvency process for KUSCCO over Sh17.7bn liabilities

NAIROBI, Kenya, June 25 – A petitioner has asked the High Court to place the Kenya Union of Savings and Credit Co-operatives (KUSCCO) under insolvency proceedings, arguing that the troubled cooperative’s financial position warrants action under the Insolvency Act. In submissions filed before t...

about 3 hours ago1 min read
Kenya Strengthens Germany Trade Relations To Drive Economic Growth
Business

Kenya Strengthens Germany Trade Relations To Drive Economic Growth

As Kenya pushes for a deeper international partnership, Investment, Trade and Industry Cabinet Secretary Lee Kinyanjui joined other leaders and investors in Berlin for the Kenya-Germany Business Day in Germany. At the forum, he highlighted the importance of accelerating economic growth and creating ...

about 15 hours ago1 min read
Court urges govt to create national bursary database
Business

Court urges govt to create national bursary database

NAIROBI, Kenya, June 25 – The High Court has urged the government to establish a coordinated national database to track education bursaries and scholarships, citing gaps in transparency and oversight in the current system. In a ruling, Justice Bahati Mwamuye said the absence of a centralised trackin...

about 15 hours ago1 min read
Tala to cut jobs in Kenya as it restructures operations
Business

Tala to cut jobs in Kenya as it restructures operations

NAIROBI, Kenya, June 25 – Digital lender Tala has announced plans to reduce part of its workforce in Kenya as it restructures its operations and centralises some functions globally. In a statement, the US-based fintech said the changes are expected to affect less than 10 percent of its Kenya-based e...

about 15 hours ago1 min read
CBK opens Govt securities to foreign investors
Business

CBK opens Govt securities to foreign investors

NAIROBI, Kenya, June 25 – International investors will now be able to invest in Kenyan government securities through the Central Securities Depository (DhowCSD) following a new link between the Central Bank of Kenya (CBK) and global securities settlement firm Clearstream. In a statement, CBK said th...

about 15 hours ago1 min read
TECNO advances practical agentic AI with expanded Ellaclaw capabilities
Business

TECNO advances practical agentic AI with expanded Ellaclaw capabilities

NAIROBI, Kenya Jun 25 – TECNO, the AI-driven innovative technology brand, has showcased the next stage of evolution for TECNO EllaClaw, its exploratory Beta-stage mobile AI agent designed to bring practical agentic AI into everyday mobile experiences. As AI moves from simple conversation to mo...

about 15 hours ago1 min read
Court told no evidence filed on cancellation of KETRACO-Adani deal
Business

Court told no evidence filed on cancellation of KETRACO-Adani deal

NAIROBI, Kenya, June 25 – The High Court has been told that no evidence has been filed to show that the government formally cancelled the controversial KETRACO transmission project linked to India’s Adani Group, despite President William Ruto announcing its cancellation in 2024. The disclosure...

about 15 hours ago1 min read
KeNHA Reveals Toll Charges for New Rironi-Mau Summit Highway
Business

KeNHA Reveals Toll Charges for New Rironi-Mau Summit Highway

The Kenya National Highways Authority (KeNHA) has confirmed that the government plans to introduce a toll fee on the Ksh 184 billion Rironi–Mau Summit Road project once it is completed. KeNHA said the 233-kilometre road will be built over two years through a public-private partnership. It added that...

1 day ago0 min read
Ksh154 Billion JKIA Expansion Deal Signed, Works Set to Begin
Business

Ksh154 Billion JKIA Expansion Deal Signed, Works Set to Begin

Transport CS Davis Chirchir, Aviation and Aerospace Development PS Teresia Mbaika, CRBC General Manager Yu Xiaodong, and other officials during the signing of the Ksh154.2 billion JKIA expansion contract in Nairobi on June 23, 2026. The Jomo Kenyatta International Airport (JKIA) expansion deal, valu...

1 day ago0 min read
Kenyan Travellers Can Now Bring Home 6 Times More Duty-Free Goods
Business

Kenyan Travellers Can Now Bring Home 6 Times More Duty-Free Goods

President William Ruto announced an increase in the duty-free allowance for returning travellers, raising the limit from Ksh. 39,000 to Ksh. 260,000. He said the change will help address concerns raised by Kenyans living and working abroad and by other visitors. Speaking on Tuesday after he assented...

1 day ago0 min read
M.P. Shah to cooperate with SHA in billing probe
Business

M.P. Shah to cooperate with SHA in billing probe

NAIROBI, Kenya, June 25 – M.P. Shah Hospital says it is cooperating with investigations by the Social Health Authority following the temporary suspension of its contract to provide services to beneficiaries under the Social Health Insurance Fund. The hospital said it has launched an internal r...

1 day ago1 min read
Nairobi businesses shut over fears of looting during Gen Z protests
Business

Nairobi businesses shut over fears of looting during Gen Z protests

NAIROBI, Kenya, June 25 – Many businesses in Nairobi remained closed on Thursday as traders feared possible looting and destruction during the Gen Z anniversary protests. A spot-check by Capital FM in the morning found most shops within the Central Business District (CBD) yet to open, with a heavy p...

1 day ago1 min read
Kenyans ditch brand loyalty amid inflation
Business

Kenyans ditch brand loyalty amid inflation

NAIROBI, Kenya, June 25 – Kenyan consumers are increasingly switching brands as they look for cheaper options and better value amid continued pressure on household budgets, a new study shows. The report by Worldpanel by Numerator found that shoppers are buying products from a wider range of brands, ...

1 day ago1 min read
Nandi leads Counties in development spending, CoB report
Business

Nandi leads Counties in development spending, CoB report

NAIROBI, Kenya, June 24 – Nandi County recorded the highest development expenditure absorption rate among Kenya’s 47 counties in the first nine months of the 2025/26 financial year, according to the latest Controller of Budget (CoB) report. The County Governments Budget Implementation Review Report ...

1 day ago1 min read
Former KEPSA Chair Flora Mutahi joins Ecobank Kenya Board
Business

Former KEPSA Chair Flora Mutahi joins Ecobank Kenya Board

NAIROBI, Kenya, June 24 – Former Kenya Private Sector Alliance (KEPSA) Chairperson Flora Mutahi has been appointed a non-executive director at Ecobank Kenya, strengthening the lender’s board with a seasoned private sector leader. Mutahi boasts more than three decades of experience in manufactu...

1 day ago1 min read
Court stops golf course and airstrip  project in Meru Forest
Business

Court stops golf course and airstrip project in Meru Forest

NAIROBI, Kenya, June 24 – The Environment and Land Court in Meru has suspended plans to construct a State Lodge, airstrip and golf course in the Upper Imenti Forest pending the hearing and determination of a case challenging the project. In a ruling, Justice Oguttu Mboya barred the County Government...

1 day ago1 min read
Eldoret traders call for Tobacco Bill review
Business

Eldoret traders call for Tobacco Bill review

NAIROBI, Kenya, June 24 – Traders in Eldoret have opposed sections of the Tobacco Control (Amendment) Bill currently under consideration by the National Assembly’s Departmental Committee on Health, warning that some of the proposals could hurt small businesses and increase illicit trade. Speaking th...

1 day ago1 min read
SHA suspends MP Shah Hospital over ongoing investigations
Business

SHA suspends MP Shah Hospital over ongoing investigations

NAIROBI, Kenya, June 24 – The Social Health Authority (SHA) has suspended services offered by MP Shah Hospital under its health insurance schemes as investigations into the facility continue. In a statement, SHA Chief Executive Officer Mercy Mwangangi said the suspension, which took effect on June 2...

1 day ago1 min read
Duty-free allowance for travellers raised to Sh260,000
Business

Duty-free allowance for travellers raised to Sh260,000

NAIROBI, Kenya, June 24 – Travellers arriving in Kenya will now be allowed to bring in goods worth up to Sh260,000 without paying customs duty following a major increase in the duty-free threshold announced by the government. President William Ruto said the duty-free allowance has been raised from S...

2 days ago1 min read
Chinese firm CRBC wins Sh154bn JKIA upgrade contract
Business

Chinese firm CRBC wins Sh154bn JKIA upgrade contract

NAIROBI, Kenya, June 24 – The government has signed a Sh154.2 billion contract with China Road and Bridge Corporation (CRBC) for the expansion and modernization of Jomo Kenyatta International Airport (JKIA). The agreement was signed by Aviation Principal Secretary Teresia Mbaika and CRBC General Man...

2 days ago1 min read
Omtatah questions Sh101bn in ‘other expenses’ budget allocations
Business

Omtatah questions Sh101bn in ‘other expenses’ budget allocations

NAIROBI, Kenya, June 23 – Okiya Omtatah has raised concerns over more than Sh101 billion allocated under the broad category of “Other Operating Expenses” in the proposed 2026/27 national budget, arguing that the expenditure lacks sufficient detail to allow effective public scrutiny. In a state...

2 days ago1 min read