East African Cables has welcomed the court injunction stopping Equity Bank from placing it under administration as it announced that its operations would continue as usual. High Court on Monday…
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Business
East African Cables Obtains Court Injunction Stopping Takeover by Equity Bank
by Daily Trendsby Daily TrendsEast African Cables PLC (“EAC”) has obtained a court injunction in regard to the notice dated 16th June 2023 issued by Equity Bank to appoint an administrator to EAC. The…
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Business
Equity Bank’s Move To Place Investment Firm Transcentury PLC Under Receivership Suspended
by Daily Trendsby Daily TrendsThe High Court has suspended the move by Equity Bank to place investment firm Transcentury PLC under receivership. The basis for the injunction stems from allegations that Equity Bank unlawfully…
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Business
Why President Ruto must intervene on the Transcentury Issue
by Daily Trendsby Daily TrendsThe move by Equity Bank to place the infrastructure based investment firm Transcentury and its subsidiary East African Cables under receivership over a debt of Shs 4.8 billion is a…
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Politics
Babu Owino Reveals How Speaker Wetang’ula Confused Azimio MPs To Miss The Finance Bill Vote
by Mustafa Jumaby Mustafa JumaEmbakasi East MP Babu Owino has blamed National Assembly Speaker Moses Wetangula for the mishap that saw Azimio MPs skip Parliament on Wednesday evening during the voting of the proposed…
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Business
From NCBA to Co-operative Bank: How Top Bank Cartels Behave Badly; Hidden Dirty Games
by Daily Trendsby Daily TrendsWe take a look at some of the news affecting banks in the country after an unprecedented attack on some of the banking CEOs in the country on social media.…
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Business
A Big Cartel In Higher Education Funding! MKU Founder’s Land Saga Deepens As Ruto Ally Exposes His Dirty Dealings
by Daily Trendsby Daily TrendsThousands of squatters in Naivasha, Kenya who were evicted from a land that they claim was allocated to them by the former government of President Daniel Moi (deceased) have written…
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Business
Infinix Sets New Standard For Affordable Smartphones With Breakthrough All-Round Fast Charge As NOTE 30 Series Launches in Kenya
by Daily Trendsby Daily TrendsInfinix today announced the release of its new NOTE 30 Series, which includes the NOTE 30 Pro, NOTE 30 VIP, and NOTE 30. This latest offering from Infinix features the…
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David Wanjohi is a name that has become synonymous with fraud, deception, and betrayal in Nyeri and the surrounding areas. The man who used to be a pastor has since…
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Bunge la Wananchi President Calvin Okoth alias Gaucho has allegedly been arrested. According to Orange Democratic Movement (ODM) communications director Philip Etale, Gaucho was arrested at Central Police Station when…
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Politics
Registrar Of Political Parties Ann Nderitu Approves Uhuru, Kioni Jubilee Ouster
by Daily Trendsby Daily TrendsJust a day after former president Uhuru Kenyatta held the Jubilee National Delegates Convention (NDC) at the Ngong Racecourse, the registrar of political parties Ann Nderitu has approved his ouster.…
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Esther Ngero, Principal Secretary for Correctional Services has resigned. Her resignation was received and accepted by President William Ruto on Tuesday, May 23, 2023. The head of state on May…
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Politics
Mixed Reactions As Sabina Chege, Jubilee MPs Attend Ruto’s Kenya Kwanza PG At State House
by Mustafa Jumaby Mustafa JumaJubilee Party nominated MP and the embattled National Assembly deputy minority whip Sabina Chege on Tuesday, May 23, 2023 attended Kenya Kwanza’s Parliamentary Group meeting that was held at State…
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Business
Infinix Partners With JBL To Bring Audio Excellence To Their Next Generation Smartphones
by Daily Trendsby Daily TrendsInfinix has announced its new collaboration with HARMAN’s legendary audio and technology brand JBL, to bring Sound by JBL audio excellence to the next generation of their highly-regarded NOTE Series.…
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Business
iTel Launches Newest 4G P40 Smartphone Featuring Powerful Performance
by Mustafa Jumaby Mustafa Jumaitel, a reliable smart life brand who ranked No.1 global smartphone brand among $100 price segment, unveils its newest 4G smartphone P40, with a bunch of worth mentioning features and…
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Politics
ODM’s Etale Explains How Ruto Forced Raila To Arrive Late At Mukami Kimathi’s Burial
by Mustafa Jumaby Mustafa JumaPresident William Ruto forced Azimio leader Raila Odinga to arrive late at the burial of the late Mukami Kimathi in Njambini, Nyandarua County over the weekend, ODM communications director Philip…
