Bizna Reporter

TerryAnne Chebet quits general manager job months after appointment

TerryAnne Chebet Job: Popular media personality TerryAnne Chebet has quit her top position as the general manager of the business oriented television station, Metropol. Ms. Chebet quit the position about a year after she secured the job. The former business...

Co-op Bank to acquire Jamii Bora Bank for Sh. 1 billion

Co-op Acquires Jamii Bora: The Co-operative Bank of Kenya is now set to acquire Jamii Bora Bank after finalizing the acquisition talks. According to a disclosure statement by Jamii Bora, Co-op has offered a Sh. 1 billion acquisition amount. “Following...

State goes after Kiunjuri’s accounts over money laundering

Kiunjuri Wealth: Former cabinet secretary for agriculture Mwangi Kiunjuri is in soup. This follows the latest move by a State agency to probe him over money laundering. The agency, Assets Recovery Agency, has acquired the court's approval to investigate...

Andrew Kibe: This is why I quit Kiss FM

Controversial radio presenter Andrew Kibe on Tuesday morning announced that he had quit Kiss Fm. The presenter was the co-host of the morning show with Kamene Goro. With speculation that he had been fired to pave the way for popular...

List of multi-billion estates in Lang’ata, Racecourse set for demolition

Langata Estates: A number of multi billion estates in Lang'ata may be demolished if the ministry of environment gets its way. The Langata estates set for demolition include: Sun Valley (Phases 1-3) Forest View Lang’ata Place Lang’ata View Apartments Royal Park St Mary’s Apartment Kenya Medical...

Beatrice Mwende: This is why I killed my four children

Naivasha Murder: A mother from Naivasha wrote a letter explaining why she had killed her four children. According to the letter, the mother, Beatrice Mwende Kimotho, 42, addressed the letter to her eldest son. She claimed that her frustrations started...

Equity Bank takes Sh. 5.3 billion World Bank loan

IFC World Bank: Equity Bank Kenya has received  Sh. 5.3 billion loan from the World Bank's private lending arm International Finance Corporation (IFC). This loan is aimed at onward lending to small and medium enterprises. “The proposed IFC investment is...

Alex Muriu: How I lost Sh. 12 million after starting an agri-business

Alex Muriu is a business innovation consultant. Alex Muriu is also the Convener of Un.thinkable, a members-only community of business leaders that has successfully facilitated business exchange worth over Sh. 50 million. Greatest milestone: Two years ago, we started inviting...

How Githunguri dairy started from zero to Sh. 6 billion enterprise

Githunguri Dairy: When 31 disgruntled dairy farmers decided to contribute Sh. 1 each for every litre of milk sold and register a co-operative in 1961, there was no telling that they were laying the foundation for a multi-billion-shilling business. The...

KQ’s takeover by State, delisting from NSE enters homestretch

KQ Buyout Delisting: The takeover of Kenya Airways by the national government and the subsequent delisting from the Nairobi Securities Exchange has entered the homestretch. This is after a bill that will pave the way for the takeover was table...

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