trading Stories

NSE enforces strict shareholding regulations as Kenya’s capital markets soar 15 per cent
Rachael Mutabasi  |  Oct 30, 2025

The NSE urged investors to conduct due diligence when buying or selling its shares—whether for themselves or on behalf of clients—to avoid breaching t...

Trader sues to block duty-free rice imports over lack of public participation
Maureen Kinyanjui  |  Oct 25, 2025

The trader says the gazette notice issued on July 28 is unconstitutional and unfairly benefits the Kenya National Trading Corporation (KNTC), which wa...

Witnesses detail financial fraud, exploitation in Sh356 million theft case against company director
Carolyne Kubwa  |  Sep 25, 2025

Employees described systematic financial manipulation and workplace exploitation.

Company director accused of fraud siphoned Sh356 million to personal accounts, court hears
Carolyne Kubwa  |  Sep 11, 2025

The court heard that an auditor's report concluded that between 2021 and 2024, the company had lost Sh356.7 million.

Edible oil scandal: Court allows DPP to withdraw case against ex-KNTC official
Carolyne Kubwa  |  Aug 26, 2025

According to the DPP, a review of the evidence revealed that the case against Amos Juma Sikuku could not be sustained.

High Court freezes Cabinet decision allowing importation of 500,000 tonnes of duty-free rice
Carolyne Kubwa  |  Aug 11, 2025

Justice Edward Muriithi halted the July 28, 2025 gazette notice approving a tax waiver on rice imports until December 31, 2025, after certifying the f...

Tough times for Nairobi hawkers as city county enforces new street trade restrictions
Barack Oduor  |  Aug 08, 2025

Downtown Nairobi is so disorderly that one might accidentally step on a hawker’s goods spread across the sidewalks—or even on a child who has slipped...

Audit reveals KNTC let Sh40.6 million worth of food rot amid poor oversight and overstocking
Lucy Mumbi  |  Aug 04, 2025

Auditor General Nancy Gathungu, in her report for the year ended June 30, 2024, revealed that the losses resulted from ineffective internal controls a...

Over 30 counties to receive Sh2.9 billion in mineral royalties after decade-long wait
Lucy Mumbi  |  Jul 21, 2025

The government has announced that the funds held at the National Treasury since 2016 will be released starting next month after the approval of long-p...

Mandera eyes carbon credits to boost climate action, sustainable development
Issa Hussein  |  May 04, 2025

The county government noted that due to the region's high vulnerability to climate change, it is intensifying its efforts through its greening program...

Experts call for higher carbon credit pricing as global trading takes shape
Alfred Onyango  |  Mar 12, 2025

The current pricing mechanisms are insufficient to meet the ambitious goals of the Paris Agreement which aims to limit global temperature to 1.5°C abo...

Joho calls for dismantling of illegal mining cartels to boost Kenya’s economy, enhance regulatory standards
Charles Adinda  |  Jan 10, 2025

The Mining CS called on the officers to help him restore sanity in the industry that contributes barely one per cent to the nation's gross domestic pr...

COP29 agrees deal to kick-start global carbon credit trading
Reuters  |  Nov 24, 2024

The agreement hinged on ensuring credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.

Another official rejects President Ruto's state job appointment
Lucy Mumbi  |  Nov 19, 2024

He cited personal reasons for his decision to decline the position.

Senators allege meddling in Sh16.5 billion edible oils probe, demand transparency
Lucy Mumbi  |  Nov 08, 2024

Marsabit Senator Mohamed Chute raised concerns over suspected tampering with evidence and procedural interference within the probe.

Revealed: Kenya lost Sh6.6 billion in controversial edible oils deal
Maureen Kinyanjui  |  Oct 09, 2024

It emerged that the Kenya National Trading Corporation (KNTC) had sold part of an uncleared consignment, nearing its expiry, to a local company for re...

Sh16bn edible oil deal sparks controversy over exclusive supplier selection
Maureen Kinyanjui  |  Aug 23, 2024

According to the auditor's report presented to Parliament on August 6, Sh9.3 billion of the Sh16 billion total was reportedly paid to firms hired by K...

I don't think KDF feared me, maybe my style - Duale on leadership qualities
Maureen Kinyanjui  |  Aug 02, 2024

"Maybe it was my style of leadership and I will take the same style to Environment. I had the same style in Parliament," Duale affirmed.

Two in Mombasa charged with Sh200m fraud
Farhiya Hussein  |  Mar 11, 2024

Pavan Kentan Ramji Shah and Anderson Kombe Hare allegedly collaborated to defraud four organisations by withdrawing funds using counterfeit cheques.

Imported cooking oil safe for consumption - Kebs
Dennis Tarus  |  Dec 06, 2023

Kebs in a statement on Wednesday, said they had sampled, re-inspected and tested the edible oils imported by KNTC.

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