HF Group plans to raise Ksh.6 billion through a rights issue approved by the Capital Markets Authority (CMA). The rights issue will allow the company to offer up to 1,499,995,255 new ordinary shares at Ksh.4.00 each. Shareholders can purchase two new shares for every existing share they own, with the …
Read More »High Court Blocks Sh95.68bn Adani Power Deal
The High Court has prevented the government from finalizing a Sh95.68 billion agreement with Adani Energy Solutions Limited, a subsidiary of the Indian Adani Group, for the construction of electricity transmission lines. The Law Society of Kenya (LSK) secured the order, claiming the government entered into a private project agreement …
Read More »CS Joho Orders Shutdown of Simba Cement Quarries in Rabai
Ali Hassan Joho, the Cabinet Secretary for Mining and the Blue Economy, has ordered the immediate closure of Simba Cement’s quarries in the Kabe Ribe area of Rabai Sub-County, Kilifi County. This directive was issued during a public hearing held by the National Assembly Committee on Environment, Forest, and Mining. …
Read More »339 Kenyans Murdered Between August and October, Reports Police IG Kanja
A total of 339 murder cases have been reported nationwide between August and October 2024, according to the National Police Service (NPS). In a statement released on Thursday evening, Inspector General of Police Douglas Kanja noted that this figure represents a slight increase compared to the same period in 2022 …
Read More »Government Spent Ksh.14.3 Billion on Vehicle Purchases in 2023-Report
Kenyan taxpayers contributed Ksh.14.3 billion in 2023 for the government’s extravagant acquisition and maintenance of new vehicles, according to a newly drafted policy. This disclosure has sparked concerns about the government’s contradictory messaging, especially as it has been advocating for austerity measures in light of the country’s economic challenges. The …
Read More »Three-Judge Bench Denies Gachagua’s Request for Recusal After Controversial Affidavit
The bench assigned to hear petitions related to Rigathi Gachagua’s impeachment as Deputy President and the appointment of Kithure Kindiki as his successor has refused to recuse itself. Justices Eric Ogola, Anthony Mrima, and Dr. Freda Mugambi rejected the recusal request in a ruling on Friday, following a prior dismissal …
Read More »Hundreds of Kenyans Gather at KICC for Qatar Job Interviews
A large number of job seekers gathered at the Kenyatta International Convention Centre (KICC) and Kabete National Polytechnic for job interviews for positions in Qatar, following an announcement from the Ministry of Labour. The interviews, organized in collaboration with a Qatari employer, attracted candidates from the hospitality and service industries, …
Read More »High Court Permits Hillside Endarasha to Reopen Boarding Facilities for KPSEA Candidates
The High Court in Nyeri has authorized the reopening of the boarding wing at Hillside Endarasha Academy for 24 candidates preparing for the Kenya Primary School Education Assessment (KPSEA), with national exams starting next week. In a ruling on October 24 by Justice Magare Kizito, the court permitted the candidates …
Read More »More than 10,000 Haitians flee gang attacks in past week, UN says
By: Reuters More than 10,000 people in Haiti have been internally displaced in the last week as armed gangs operating in and around the capital Port-au-Prince ramp up attacks on areas they do not yet control, according to UN migration agency estimates on Thursday. The agency had said at the …
Read More »Body Found in Wajir Lake Not Yussuf Hassan Ahmed, Court Confirms
The high court has directed the swift handling of an application requesting the production of Wajir County Assembly member Yussuf Hassan Ahmed, who was abducted a month ago. Justice Alexander Muteti noted that a medical report confirmed the body discovered in a lake in Wajir does not belong to Ahmed, …
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The Lower Eastern Times Opening The Third Eye