A major financial scandal has rocked Kenya’s cooperative sector after an accountant was arrested over a SH16 MILLION SACCO FRAUD that left a Savings and Credit Cooperative Organization (SACCO) counting massive losses. Detectives from the Directorate of Criminal Investigations (DCI), through the Banking Fraud Investigation Unit (BFIU), apprehended Amos Fikiri Ruwa, a former accountant at … Read more
Kenya’s political history is shaped by courageous leaders who challenged authority and paid a heavy price for their convictions. Among them stands Jean-Marie Seroney, a fearless legislator whose life and death remain etched in the country’s democratic journey. Remembered for his sharp intellect, unyielding courage, and principled stand against authoritarianism, Seroney became both a symbol … 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