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Kenya: Kenyans Continue to Lose Billions in Pyramid Schemes
Nation, 10 March 2020
A pink two-storey building stands in Kitengela town along the Nairobi-Namanga highway with a 'VIP Portal' emblazoned at the top. Read more »
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Kenya: How Poor Management, Graft Pushed NHIF to Its Deathbed
Nation, 9 March 2020
On Thursday, May 3, 2012, the NHIF chairman, Prof Richard Muga, sat in front of several microphones in a boardroom at the national insurer's headquarters. Read more »
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Africa: Africa is Becoming the New Frontier for Retail Forex Brokers - Report
ForexBrokers.co.za, 14 February 2020
Africa is on its way to become a new growth story in the field of Forex & Online CFD trading. In the recent decade, the sector has developed from being negligible, to a high… Read more »
Pyramid Schemes Still Pulling the Wool Over Kenyans' Eyes
More than a decade later and with barely any results from the crackdown on pyramid schemes, legislators have abandoned plans to enact laws against them. Despite victim complaints to the police, individuals behind some of the biggest ponzi schemes are still free, even after years of investigation.
Peter Wangai, the founder and chairman of a pyramid scheme called Goldenscapes Group (file photo).
InFocus
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Kenyans who were duped with promises of jobs in Qatar and who have been left stranded, are appealing to the government to assist them to return home. The Labour and Social ... Read more »
