Search

Corporate

Kenya Under Fire Over Sh6.5 Billion E-Visa Revenues Held in Swiss Accounts

2 min Read Time

The Kenyan government is facing growing scrutiny following revelations that Sh6.5 billion collected through the country’s e-visa system was held in a Swiss bank account, bypassing the Constitutionally mandated Consolidated Fund. Between August 2024 and February 2025, Swiss firm Travizory Border Security SA managed Kenya’s e-visa platform, collecting visa fees from t.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
COMESA Competition Commission Confirms Heineken Engaged in Anti-Competitive Practices
Corporate

COMESA Competition Commission Confirms Heineken Engaged in Anti-Competitive Practices

April 2025, Lusaka, Zambia — The COMESA Competition Commission has found Heineken Holding N.V. guilty of engaging in anti-competitive practices across its distribution networks within...

Read article
Kenya Cancels Sh190 bn Nairobi–Mau Summit Highway Deal with French Consortium
Corporate

Kenya Cancels Sh190 bn Nairobi–Mau Summit Highway Deal with French Consortium

The Kenyan government has officially terminated a €1.3 billion (approximately KSh190 billion) Public-Private Partnership (PPP) agreement with a French consortium led by VINCI Concessions and...

Read article
Mobius Rescued: The Middle Eastern Investor Betting Big on Kenya’s Car Industry
Corporate

Mobius Rescued: The Middle Eastern Investor Betting Big on Kenya’s Car Industry

Kenya’s struggling car manufacturer, Mobius Motors, has been salvaged from the brink of collapse. The company, which was staring down financial ruin, has been scooped...

Read article
Vivo Energy Kenya Reaps Sh336 Million Profit from Controversial Fuel Subsidy Bond
Corporate

Vivo Energy Kenya Reaps Sh336 Million Profit from Controversial Fuel Subsidy Bond

Oil marketer Vivo Energy Kenya has booked a windfall profit of Sh336 million from the government’s fuel subsidy bond programme, highlighting how corporate players are...

Read article
COTU Disowns Housing Tax Support, Calls Out PS Hinga for “Blatant Lies”
Corporate

COTU Disowns Housing Tax Support, Calls Out PS Hinga for “Blatant Lies”

Kenya’s top workers’ union, the Central Organization of Trade Unions (COTU), has come out guns blazing, disowning claims that it supported the government’s controversial housing...

Read article
Welcome to ‘Business Report’ your one-stop digital business coverage of Kenya and East Africa region
Corporate

Welcome to ‘Business Report’ your one-stop digital business coverage of Kenya and East Africa region

In the realm of business news and insights, having access to a reliable and comprehensive source of information is crucial for making informed decisions. Enter...