Guaranty Trust Bank is appealing a Sh33.18 million fine imposed by the Competition Authority of Kenya (CAK) over alleged false and misleading representations in its dealings with customer ASL Limited.

• The fine amounts to Sh33.18 million, with an additional direction to refund Sh13.21 million to ASL.
• Key organizations involved are Guaranty Trust Bank and the Competition Authority of Kenya (CAK), with the dispute originating from a complaint by ASL Limited.
• The dispute centers on alleged unfair treatment regarding the management and renewal of ASL's credit facilities, which dated back to their banking relationship starting in 2001.

The Commission on Administrative Justice, often referred to as the Ombudsman, has expressed concern over a Sh30 SMS fee charged to Kenyan students and parents for accessing senior secondary school placement results.

• The Ombudsman argues the Sh30 fee is excessive and a barrier to educational transition.
• Key players include the Commission on Administrative Justice and the State Department for Basic Education, represented by Principal Secretary Julius Bitok.
• While an online portal exists, the Commission noted a lack of adequate information for students and parents on its use, urging for more transparent and affordable access channels.

MRE Real Estate has launched a Sh400 million mixed-use commercial mall, Manyanja Mall, in Eastlands, Nairobi, aiming to capitalize on the area's growing retail demand.

• The mall features an integrated retail ecosystem with anchor tenants including Quickmart, Rubis, and Goodlife International Limited.
• Eric Muli, Chief Executive Officer of MRE Real Estate, highlighted the mall's strategic investment in urban retail and community living.
• With 80% of retail space already leased, construction is expected to be completed by August 2026.