Kenya Power’s Sh322m locked in Imperial Bank

Kenya Power has Sh322.4 million locked up at the collapsed Imperial Bank, the electricity distributor has disclosed. The Nairobi Securities Exchange-listed firm reported the amount in its latest annual report, ranking among the large depositors who risk losing tens of...

Berry sweet for Ronaldo ahead of Club World Cup

Cristiano Ronaldo had very little time to celebrate Tuesday after capturing a fourth Ballon d’Or as Real Madrid got down to Club World Cup business in Japan. The 31-year-old was presented with an edible version of the golden globe and a healthy plate of berries...

Retrench redundant staff, CRA to counties

Commission on Revenue Allocation chairman Michael Cheserem has urged counties to dismiss redundant staff as a way of reining in rising wage bills. Mr Cheserem said the devolved units would have more money for development if they reduced the number of employees....

Togo backs Amina Mohamed for AU Commission job

President Faure Essozimna Gnassingbe of Togo has reaffirmed his support for Foreign Affairs Cabinet Secretary Amb Amina Mohamed’s candidature for the position of Chairperson of the African Union Commission (AUC). President Gnassingbe – who has been in the country for...

Trump picks Exxon chief Tillerson as secretary of state

President-elect Donald Trump announced Exxon Mobil Corp’s Rex Tillerson as his choice for secretary of state on Tuesday, praising the business leader as a successful international dealmaker who has led a global operation. Tillerson’s experience in...

Doctors strike illegal-Court rules

The Employment and Labour Relations court has declared the ongoing doctors’ strike illegal. However, doctors insist the national job boycott that has paralysed health services across the country is still on. The Kenya Medical Practitioners, Pharmacists and...