Kampala, Uganda | THE INDEPENDENT | A businessman who allegedly defrauded a Kenyan investor of sh1.3 billion has been remanded. Elijah Martin Rusoke commonly known as Albert Kamugisha was on Wednesday arraigned before City Hall Court and charged with two counts of obtaining money by false pretense and conspiracy to …
Read More »Kenyan startup boosts possibilities for retail investors on NSE
For many years small retail investors have found it hard to buy shares on the Nairobi Securities Exchange, but a newly-licensed service hopes to change that Kampala, Uganda | HARRY CLYNCH | Since the establishment of the Nairobi Securities Exchange (NSE) in 1954, it has traditionally been very difficult for Kenya’s retail …
Read More »Kimaru, Loibach to lead strong Kenyan team to global show in Australia
Ruiru, Kenya | THE STAR KENYA | Sebastian Kimaru and Grace Loibach on Saturday destroyed strong fields to win the 10km senior races (men and women) earning themselves direct tickets to next year’s World Cross-country Championships in Bathurst, Australia. In the men’s category, Kimaru won the race in 28:22.50 …
Read More »Foreign coffee buyers push Kenyan prices 3-year high
Kampala, Uganda | THE INDEPENDENT | Coffee roasters and buyers flocking to Kenya in their annual pilgrimage for the pick of the crop have driven average prices for the beans to the highest level in three years. The cost of a 50-kilogram bag of AA grade coffee fetched $679 at …
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