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1 week ago | 
standardmedia.co.ke | Frankline Sunday
Business owners who have not registered their firms or provided their list of shareholders could be deregistered by May 15 this year. This comes following a notice by the Business Registration Services (BRS), giving companies and their shareholders one month to comply. “On October 17, 2024, the Registrar of Companies issued Directive No 1 of 2024 under Section 93A of the Companies Act,” stated the BRS in its notice.
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2 weeks ago | 
standardmedia.co.ke | Frankline Sunday
Stephen Isaboke’s nomination as principal secretary in the State Department for Broadcasting and Telecommunications hangs in the balance after a parliamentary committee raised concerns over a conflict of interest owing to his shareholding in GOtv Kenya. The Public Investments Committee on Social Services, Administration, and Agriculture says in a memorandum to Parliament that Isaboke’s appointment could raise a conflict of interest, recommending that he serve in another state department.
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2 weeks ago | 
standardmedia.co.ke | Frankline Sunday
Commercial banks reported a significant drop in lending last year as more Kenyans shied away from costly loans amid an economic downturn that limited their ability to borrow. This comes despite the Central Bank of Kenya (CBK) reducing the base lending rate from 13 per cent in June last year to the current 10.75 per cent in anticipation that banks will pass on the benefits to their customers.
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2 weeks ago | 
standardmedia.co.ke | Macharia Kamau |Frankline Sunday
Kenyans continue to face the same challenges they were dealing with at this time last year, even as the budget-making process nears completion, with the National Treasury now under fire for appearing out of touch with their struggles.
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1 month ago | 
standardmedia.co.ke | Macharia Kamau |Frankline Sunday
In recent weeks, the National Treasury has been on a public relations overdrive to convince Kenyans that they are better off now than they were a year ago or at least since the Kenya Kwanza administration took over. Last week, Treasury Cabinet Secretary John Mbadi issued a lengthy statement, showing how the cost of living has dramatically reduced over the past year.
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1 month ago | 
standardmedia.co.ke | Macharia Kamau |Frankline Sunday
In recent weeks, the National Treasury has been on a public relations overdrive to convince Kenyans that they are better off now than they were a year ago or at least since the Kenya Kwanza administration took over. Last week, Treasury Cabinet Secretary John Mbadi issued a lengthy statement, showing how the cost of living has dramatically reduced over the past year.
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1 month ago | 
standardmedia.co.ke | Frankline Sunday
In October 2023, the Cabinet rescinded a decision to buy back the majority shareholding in Telkom Kenya from Jamhuri Holdings Ltd, a subsidiary of London-based private equity firm Helios Investment Partners. This followed a joint parliamentary inquiry that found the government’s Sh6 billion buyout of Helios, conducted a few days before the 2022 General Elections, was unprocedural.
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2 months ago | 
standardmedia.co.ke | Frankline Sunday
On January 27th, the Mouvement du 23 Mars (M23) rebel group announced that its forces would occupy the city of Goma following the expiry of its 25 January ultimatum to members of the Congolese Armed Forces (FARDC) to surrender their weapons and military equipment to the UN Stabilization Mission in the Democratic Republic of the Congo (MONUSCO). Since then, there have been reports of M23 forces marching into Goma and the group has declared that the city has fallen.
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2 months ago | 
standardmedia.co.ke | Frankline Sunday
On January 27th, the Mouvement du 23 Mars (M23) rebel group announced that its forces would occupy the city of Goma following the expiry of its 25 January ultimatum to members of the Congolese Armed Forces (FARDC) to surrender their weapons and military equipment to the UN Stabilization Mission in the Democratic Republic of the Congo (MONUSCO). Since then, there have been reports of M23 forces marching into Goma and the group has declared that the city has fallen.
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Nov 28, 2024 | 
standardmedia.co.ke | Frankline Sunday
Earlier this week global investigative agency Interpol revealed that 24 people had been arrested in Kenya as part of an operation spanning 19 African countries and involving more than 1000 suspects. The suspects arrested in Kenya were implicated in an online credit card fraud linked to losses of Sh1.1 billion. Much of the details of the suspects arrested in Kenya remain unknown, as are the timeline of the crimes and the victims affected.
