Petroleum dealer sues Total for underpayment

A petroleum dealer has gone to court accusing oil major Total Kenya of paying it less margins than what is prescribed by the regulator and unfairly terminating its contracts. Bill Investments Limited,…

Toyota Kenya unveils Sh13mn Prado

Toyota Kenya has launched the new 2018 Land Cruiser Prado in the Kenyan market that will retail at Sh13 million. Speaking during its unveiling at Muthaiga Golf Club in Nairobi, Toyota Kenya…

Uchumi seeks bank loan to pay wages

Troubled retailer Uchumi  is seeking a bank loan to pay its employees, who have gone for months without salaries. Kenya Union of Commercial, Food and Allied Workers (Kucfaw) yesterday said the outstanding arrears…

Eveready CEO pay drops two per cent to Sh16 million

Battery distributor Eveready East Africa  paid its chief executive Jackson Mutua Sh16 million in the year ended September, the Nairobi Securities Exchange-listed firm has disclosed in its latest annual report. His compensation declined…