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Bizna Reporter

3 sectors that defied economic slowdown in Kenya in 2020

Economic Slowdown in Kenya: The news of the spread of the novel coronavirus disease first broke out in Wuhan, China towards the end of 2019. The seriousness of the disease had not been established and no one took it...

KTN, The Standard start firing journalists, senior staff

Standard Media Group Journalists: The Standard Media Group has sent a number of senior staff and journalists home, with more sackings expected in the coming days. A report that appeared in a local publication said that the most affected are...

Kenyans have now defaulted on Sh. 404 billion bank loans

Non Performing Loans Kenya: Thousands of Kenyans are set to be listed on CRB over mounting loan defaults. By October this year, Kenyans had defaulted on bank loans worth Sh. 404 billion. This meant that the amount of defaults...

This is what we earned after investing Sh. 750,000 in farming in Kajiado

Farming in Kajiado: My name is Mercy Mbijiwe. I farm together with my sisters Caroline and Roseleen. Our journey in farming started with research. We wanted to find out if farming was as profitable as it is made out...

Government rushes to kill use of solar energy by Kenyans

Solar Use in Kenya: The government is not pleased that there is wide usage of solar energy in Kenya. This displeasure has now led it to institute punitive terms for the sector. These terms will definitely see the use...

Kirubi’s Centum slips from Sh. 6.9bn profit to Sh. 2bn loss in six months

Centum Investments Financial Statements: Centum Investment Plc has slipped into loss-making territory. The firm whose single largest shareholder is  Chris Kirubi has posted profit after tax loss Sh. 1.98 billion for the six months to September 2020. This was...

How Kenyatta, Ndegwa families divided NCBA ownership

NCBA Ownership: When NIC and CBA banks merged to form the NCBA Bank, the Kenyatta family took a stake worth over Sh. 6.6 billion. Today, the Kenyattas control about 13.2 percent of the new entity, a level of ownership...

KCB inks deal to acquire Rwanda, Tanzania banks

KCB East Africa: The Kenya Commercial Bank has signed a major deal that will see it acquire two regional banks. KCB signed the deal with London-listed financial services firm Atlas Mara Limited. This deal will allow KCB to buy...

How that cheap plot could make you big money tomorrow

Plots Along Kangundo Road: "I wish I bought a plot in Umoja, Nairobi, in the 1996. They were selling at less than Sh. 300,000. Today, they're selling at tens of millions of money!" This is a common regret among...

5 unique businesses you can start with less than Sh. 100,000

Unique Business Ideas in Kenya: This is a guest post that was done by Patrick Kenyi from growth Strategies. The opinion expressed here is the author's and does not necessarily reflect the position of Bizna Kenya: Starting a business can...

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Simple habits that will make you a successful business owner if you start today

Across industries, high-performing business people often operate in vastly different markets, manage diverse teams, and pursue distinct goals. Yet beneath...
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