Category: Economy&Finance
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Ezekiel Kamau, a 45-year-old businessman from Nyeri, firmly believed that determination eventually leads to success. For many years, he operated a modest electronics store, doing everything he could to support his family. At one point, a friend suggested he explore sportpesa. Curious, Ezekiel gave it a try—but the results were disheartening. He lost more money…
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Marcus Obura, a 52-year-old Luo man from Kisumu, had spent much of his life leading a humble existence alongside his wife of eight years, Achieng, and their three children. A hardworking small-scale farmer and part-time carpenter, Marcus did everything he could to support his family, though meeting their everyday needs was always a struggle. Each…
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Secretbet set to become Kenya’s best online betting platform The ambitious betting platform Secretbet is set to revolutionise online sports betting in Kenya up to world standards by 2026 and finally offer hopeful Kenyan players the service they are entitled to. Official website Secretbet. Kenya has been going through a decade of betting boom, becoming…
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The Anglo Leasing scandal was one of Kenya’s most notorious corruption cases, involving a web of fraudulent procurement contracts awarded between 2001 and 2004. These deals, valued at around US $770 million (about Sh 110 billion in today’s value), were for critical security projects such as tamper-proof passports, a forensic laboratory, and an oceanographic survey…
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In January 2025, the Ministry of Finance and National Treasury authorized the withdrawal of KSh 19.7 billion from the Consolidated Fund under the vote “State Officers’ Salaries, Allowances and Miscellaneous.” Evidence shows this money was unlawfully diverted to a broker, disguised as repayment to creditor banks, and executed without parliamentary approval. Gazette Notice No. 1864…
