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Kenyan Emily Kanini Rhoda arrested smuggling Sh270 million cocaine in India

 A Kenyan woman has been arrested in India smuggling cocaine worth Sh270 million. Emily Kanini Rhoda, who is 43 years old, was arrested at the Chhatrapati Shivaji Maharaj International Airport after her luggage was inspected and found with the drugs. She had from Nairobi, Kenya to India, through Doha, Qatar on April 1. She was
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The Role of Institutional Investments in Shaping Bitcoin’s Market Value

 Bitcoin started as a marginal virtual currency that appeared exclusively in specialist online chats but now serves as a mainstream investment tool, gaining substantial interest from institutional financiers. Over the past decade, institutional investors have played a crucial role in shaping Bitcoin’s market value by influencing price fluctuations, increasing liquidity, and transforming market sentiment.  Corporate
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James Mwangi to pocket Sh543 million in dividends from Equity Group

 Equity Group Chief Executive Officer and Managing Director Dr. James Mwangi is set to receive Sh543.19 million in dividends from Kenya’s second-largest bank by asset base. The payout, scheduled for June 30, is an increase from the Sh510.4 million the banker earned last year and is part of the Sh16 billion approved by the lender’s
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Two of Kenya’s largest banks make Sh110.6 billion net profit in 12 months

 Two of Kenya’s largest banks made a combined net profit of Sh110.6 billion. The two banks, KCB Group and Equity Group Holdings also recorded a combined Sh2.78 trillion in total deposits. Individually, KCB saw a drop of 18.4 percent in customer deposits to Sh1.38 trillion from Sh1.69 trillion in the previous year while Equity saw
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List of filling stations closed for selling adulterated fuel

 The Energy and Petroleum Regulatory Authority (EPRA) has shut down nine filling stations across the country for illegal business activities, including selling adulterated fuel and export-bound petroleum products in the local market. In a statement on Monday, March 31, 2025, EPRA revealed that it had conducted 5,978 tests at 1,360 petroleum sites between January and
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