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The Euro Bank Scandal is a scandal that in February 2003, caused a political storm in Kenya after the collapse of Nairobi Based Euro Bank. [1] This resulted in a loss of 1.4bn Kenyan shillings (£11.6m; $18m) which state organisations had deposited in the Bank.
Crime in Kenya. There is a high crime rate in all regions of Kenya. Petty offences are the most common crime with stealing being the most reported crime. Robbery and theft are among the least cited criminal offences. Crime in Kenya is as low as in countries like Tunisia with a rating of 3.46 crimes per 100,000 people.
Bank robbery is commonly associated with the American Old West due to a few infamous examples and portrayal in fiction. The Foundation for Economic Education (FEE) in their research, found the scene of the Western bank-robbery to be generally a myth, identifying less than 10 definite bank robberies between 1859 and 1900 across 15 frontier states.
EVELYNE MUSAMBI. May 8, 2024 at 7:00 AM. NAIROBI, Kenya (AP) — Kenya’s President William Ruto has declared Friday a public holiday to mourn the 238 people who have died due to ongoing flooding ...
NAIROBI (Reuters) -Floods and landslides across Kenya have killed 181 people since March, with hundreds of thousands forced to leave their homes, the government and Red Cross said on Wednesday, as ...
Newspapers, magazines, radio stations, television stations. Number of employees. 1,400 (2004) Website. www .nationmedia .com. Nation Media Group ( NMG ), formerly East African Newspapers (Nation Series) Ltd, is an East African media group listed based in Kenya and listed on the Nairobi Stock Exchange. It is owned by Aga Khan IV.
The Daily Nation was started in the year 1958 as a Swahili weekly called Taifa by the Englishman Charles Hayes. It was bought in 1959 by the Aga Khan, and became a daily newspaper, Taifa Leo (Swahili for "Nation Today"), in January 1960. An English-language edition called Daily Nation was published on 3 October 1960, in a process organised by ...
April 18, 2024 at 2:01 PM. NAIROBI (Reuters) -Kenya's military chief, General Francis Ogolla, was among 10 people killed when their military helicopter crashed shortly after take-off on Thursday ...