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Citibank Kenya has mounted a major legal battle at the High Court in Nairobi in a determined bid to shield its staff from aggressive criminal investigations surrounding a $2.02 million (approximately KSh 261 million) credit facility extended to Murang’a-based Kiru Tea Factory Company Limited. The international financial institution has filed a constitutional petition seeking urgent … Read more
Safaricom has issued a clarification explaining why M-Shwari is legally allowed to recover defaulted loans using funds held in a customer’s M-Shwari savings account. The clarification follows widespread complaints from Kenyans who reported that their M-Shwari savings were locked or unexpectedly deducted, raising public concern and debate on social media. According to Safaricom and its … Read more
The wines and spirits business is a large and growing industry that includes the production, distribution, and sale of alcoholic beverages such as wine, spirits, and beer. This industry is highly regulated, and companies must adhere to strict regulations and licensing requirements to operate legally. Types Of Wines And Spirits The wine and spirits business … Read more