Audit Exposes How Employees, Suppliers Wrecked Kenya Airways

On Wednesday, February 11, 2015, a Kenya Airways employee in charge of treasury and controls, received the first of several payments from the collapsed Dubai Bank — $20,000. By the end of June of the same year, in eight other transactions, three of which involved his wife, this official had received a total of $220,000 … Read more

Kenya Will Deny Water, Electricity and Phone Bills Debtors Loan Come 2017

Failure to pay electricity, water and telephone bills could now land Kenyans on the list of defaulters at the credit reference bureau and deny them access to loans. The noose is tightening on bad debtors, with settling of Sacco loans now also added to factors — which will from January 2017 be used to determine … Read more

Man Utd First UK Football Club To Earn £500m In A Year

Manchester United has recorded record revenues of £515.3m for the 2016 financial year, the first UK football club to do so. In a year when it won the FA Cup, the Old Trafford club also signed 14 sponsorship deals, and saw commercial, matchday and TV revenues all rise. It is now predicting 2017 revenues of … Read more