Business: Court of Appeal now stops Barclays payout

by www.standardmedia.co.ke
Barclays Bank has obtained temporary orders from the Court of Appeal suspending a Sh252 million court award to 21 former employees.
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Details have emerged of how senior officials of National Bank of Kenya colluded with dubious companies to fleece millions of shillings from the financial institutions.
Details have emerged of how senior officials of National Bank of Kenya colluded with dubious companies to fleece millions of shillings from the financial institutions.
High Court Judge Justice Daniel Majanja has extended orders seeking to block Kisumu County government from interviewing, recruiting or hiring new City Board, ahead of August 8 Polls.
High Court Judge Justice Daniel Majanja has extended orders seeking to block Kisumu County government from interviewing, recruiting or hiring new City Board, ahead of August 8 Polls.
Bidco Africa has embarked on an ambitious expansion plan as it moves to widen its revenue base.
Bidco Africa has embarked on an ambitious expansion plan as it moves to widen its revenue base.
Parliament has agreed to launch a full-scale inquiry into Eskom including its coal contracts with Tegeta and the reappointment of Brian Molefe as CEO.
Swiss watch exports resumed a losing streak in April, hurt by weakness in the key markets of Hong Kong and the US and weighed down by fewer working days.
Swiss watch exports resumed a losing streak in April, hurt by weakness in the key markets of Hong Kong and the US and weighed down by fewer working days.
Countless cases of fake job postings have been reported in Kenya where fraudsters have taken advantage of the soaring unemployment to milk job seekers.
Gambian authorities have seized assets including 86 bank accounts and 131 properties linked to former president Yahya Jammeh, an official said on Monday, as an investigation into the veteran ruler's w
Gambian authorities have seized assets including 86 bank accounts and 131 properties linked to former president Yahya Jammeh, an official said on Monday, as an investigation into the veteran ruler's w
Graduating at the prestigious Finnish Aalto University, Paula Linna, a researcher who has worked closely with Kenya's little known innovators is set to highlight their impact at an academic event in F
Graduating at the prestigious Finnish Aalto University, Paula Linna, a researcher who has worked closely with Kenya's little known innovators is set to highlight their impact at an academic event in F
Public Enterprises Minister Lynne Brown has decided not to oppose the court application for the reappointment of Brian Molefe as CEO of Eskom be set aside.
Even at an individual level, if the debt gets too high, there is little chance of it being serviced and repaid.
Even at an individual level, if the debt gets too high, there is little chance of it being serviced and repaid.
The war of words between suppliers and supermarkets over Sh40 billion debt has seen some brands pullout of shelves of some supermarkets.
The war of words between suppliers and supermarkets over Sh40 billion debt has seen some brands pullout of shelves of some supermarkets.
Oil halted its advance after a four-day gain before OPEC meets Thursday to decide on whether to prolong output cuts by the group and its partners.
At 10 years old, Togolese Sena Alouka started a football league in his village. Many years later, he would tap into this hobby to rally a village into building a green economy.
At 10 years old, Togolese Sena Alouka started a football league in his village. Many years later, he would tap into this hobby to rally a village into building a green economy.
It had been touted as the silver bullet that will turn Kenya from a food importer to an exporting powerhouse.
It had been touted as the silver bullet that will turn Kenya from a food importer to an exporting powerhouse.
There is no cheap maize flour at Karanja's shop in Umoja Estate, Nairobi. Here, a two-kilogrammeme of unga is still retailing at Sh150, despite its price having been brought down to Sh90 through a thr
There is no cheap maize flour at Karanja's shop in Umoja Estate, Nairobi. Here, a two-kilogrammeme of unga is still retailing at Sh150, despite its price having been brought down to Sh90 through a thr
There is no cheap maize flour at Karanja's shop in Umoja Estate, Nairobi. Here, a two-kilogrammeme of unga is still retailing at Sh150, despite its price having been brought down to Sh90 through a thr
There is no cheap maize flour at Karanja's shop in Umoja Estate, Nairobi. Here, a two-kilogrammeme of unga is still retailing at Sh150, despite its price having been brought down to Sh90 through a thr
Once a monopoly in the country's telecom sector, Telkom Kenya, has fallen to third place in Kenya's competitive telecommunications sector, holding on to just seven per cent of the market.
Once a monopoly in the country's telecom sector, Telkom Kenya, has fallen to third place in Kenya's competitive telecommunications sector, holding on to just seven per cent of the market.
Kenya has been listed as the country with the fourth-most active population of users on Facebook as well as Twitter behind Egypt, South Africa and Nigeria respectively.
Kenya has been listed as the country with the fourth-most active population of users on Facebook as well as Twitter behind Egypt, South Africa and Nigeria respectively.
Public Enterprises Minister Lynne Brown withdraws her opposition to the court application demanding the re-appointment of Brian Molefe as CEO of Eskom be set aside.
The ginnery, located in Wanguru township, Mwea, stopped operating after the private company that owns it complained that cotton production in the area had become unsustainable.

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