
Ajua announced that it had acquired WayaWaya, but five years later, WayaWaya's founder claims that the acquisition never took place and that they are still working to reverse the situation.
AI summary. Verify with the original source.
Read full story at TechCabal ↗
Listen
Unlock audio summaries, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumBackground facts
Unlock wikipedia facts, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumSimilar stories

According to TechTrends KE, South African firms have announced over Sh400 billion in acquisitions, raising questions about their investment focus on Kenya. This trend is attributed to Kenya's economic growth, as East Africa is reportedly outperforming many larger African economies. The recent transactions indicate a strategic interest in the region by South African companies.
TechTrends KE·June 24, 2026 at 2:10 PM
Kenya Airways is facing a federal lawsuit in New York from an aviation parts distributor over Sh129 million in unpaid debts. This lawsuit highlights the airline's financial struggles, which include Sh206.8 billion in accumulated losses and Sh131.4 billion in government debt that it cannot service. The situation has led to a lack of suppliers willing to continue business with the airline, which is also dealing with operational uncertainties flagged by its auditors.
Kenya Insights·June 25, 2026 at 6:57 AM
South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.
Sharp Daily·June 22, 2026 at 6:52 AM
Gor Mahia, the FKF Premier League champions, have expressed concerns over what they describe as 'unverified information' related to the club's transfer activities. The club's statement addresses inaccuracies in reports circulating about their transfer business.
Capital FM Sports·June 24, 2026 at 5:33 PM
The State Law Office has requested the dismissal of a tender case involving the Jomo Kenyatta International Airport (JKIA), arguing that the Consumer Federation of Kenya filed the lawsuit without first utilizing the remedies provided under procurement and access-to-information laws.
Capital FM Business·June 24, 2026 at 8:00 AM
The Ethics and Anti-Corruption Commission (EACC) has arrested Gilbert Momanyi Maturwe, a director of Gimo Security and Investigation Services Limited, over alleged procurement fraud related to a Ksh5.4 million security services contract at Keroka Technical Training Institute. The arrest follows investigations into the awarding of the contract.
KBC·June 24, 2026 at 2:16 PM