Nairobi Securities Exchange trading floor. PHOTO | NMG Foreign investors at the Nairobi Securities Exchange (NSE) slowed down their net outflows in the first half of this year compared to the corresponding period last year, reflecting the improving sentiments around the market as companies continue to recover from the Covid-19 related difficulties of 2020. Market […]
Tag: XNAI_EQTY
NSE foreign investor outflows slow down as market recovers
Nairobi Securities Exchange trading floor. PHOTO | NMG Foreign investors at the Nairobi Securities Exchange (NSE) slowed down their net outflows in the first half of this year compared to the corresponding period last year, reflecting the improving sentiments around the market as companies continue to recover from the Covid-19 related difficulties of 2020. Market […]
Eight Kenyans jailed in Rwanda over cyber related crimes
•All the 12 suspects were convicted of criminal mischief or misdemeanor, computer access to information intended to commit a crime, change of computer information or network, unauthorized computer access and stealing. •They were also directed to collectively reimburse Equity Rwanda a sum total of 56,525,439 Rwandan Francs (equivalent to Sh6 million) for expenses related to […]
Eight Kenyans jailed in Rwanda for hacking Equity bank systems
Images of the eight suspects who have been jailed for eight years in Rwanda for cybercrime related offences. PIC: COURTESY Eight Kenyans who were among twelve people arrested in Rwanda for attempting to hack into Equity Bank, Rwanda clients’ accounts have been jailed. The eight, according to the Rwanda Investigative Bureau (RIB) were found guilty […]
Ex-staff to attach Portland accounts in Sh1.3bn pay row
East African Portland Cement’s factory in Athi River. FILE PHOTO | NMG Financial troubles at the East African Portland Cement Company (EAPCC) have deepened after a court yesterday allowed former contract workers to attach seven bank accounts of the company to recover Sh1.3 billion salaries owed to them. Justice James Rika allowed attachment of the […]
Kenya: 8 Kenyans Among 12 Suspects Sentenced to 8 Years Over Cyber Crimes in Rwanda
Nairobi — Twelve suspects, among them eight Kenyans, three Rwandese and a Ugandan have been sentenced to eight years imprisonment for cyber-related crimes committed in Rwanda. The group was arrested in October 2019 by the Rwandan Investigation Bureau, while trying to hack into the Equity Bank System to steal clients’ money, according to news agencies […]
Rwanda jails 8 Kenyans, Ugandan in Equity Bank hacking case
Equity Bank’s stand during a trade fair in Rwanda. FILE PHOTO | NMG Eight Kenyans and a Ugandan arrested in Rwanda for hacking Equity Bank have been handed eight-year jail terms and fined Rwf56 million (about $55,600 million). The nine are part of a 12-man gang arrested in 2019 by the Rwandan Investigation Bureau (RIB) […]
Kenya: 8 Kenyans Among 12 Suspects Sentenced to 8 Years Over Cyber Crimes in Rwanda
Nairobi — Twelve suspects, among them eight Kenyans, three Rwandese and a Ugandan have been sentenced to eight years imprisonment for cyber-related crimes committed in Rwanda. The group was arrested in October 2019 by the Rwandan Investigation Bureau, while trying to hack into the Equity Bank System to steal clients’ money, according to news agencies […]
Eight Kenyans jailed in Rwanda over cyber related crimes
•All the 12 suspects were convicted of criminal mischief or misdemeanor, computer access to information intended to commit a crime, change of computer information or network, unauthorized computer access and stealing. •They were also directed to collectively reimburse Equity Rwanda a sum total of 56,525,439 Rwandan Francs (equivalent to Sh6 million) for expenses related to […]
Eight Kenyans jailed in Rwanda for hacking Equity bank systems
Images of the eight suspects who have been jailed for eight years in Rwanda for cybercrime related offences. PIC: COURTESY Eight Kenyans who were among twelve people arrested in Rwanda for attempting to hack into Equity Bank, Rwanda clients’ accounts have been jailed. The eight, according to the Rwanda Investigative Bureau (RIB) were found guilty […]