Bizna Reporter

Kempinski to fire employees in latest wave of job losses in Kenya

The luxury high end hotel Villa Rosa Kempinski is set to send the majority of its employees home. The hotel becomes the latest employer in the hospitality industry to send workers home. According to a memo that was sent to...

Borrow money from Opesa, Okash at your own risk

Borrow money from Opesa and Okash mobile phone lenders at your own risk. This is the message that was delivered by the Digital Lenders Association of Kenya (DLAK) this week. The association of lenders said this as it distanced itself...

Raila family company set to get multi-million tender deal

A company that is owned by the family of former Prime Minister Raila Odinga has bagged a lucrative tender to supply water to parts of Kisumu County. This is according to a report that appeared in Kenya’s leading newspaper,...

The billions of money Kenya’s Cabinet Secretaries own

Cabinet Secretaries in Kenya: The amount of wealth eight of President Uhuru Kenyatta's cabinet secretaries own can now be revealed. The cabinet secretaries have a combined net worth of about Sh. 2.2 billion, according to a parliamentary report. The report...

Safaricom taps chief finance officer for top Vodafone job

Safaricom's chief finance officer, Sateesh Kamath, has been appointed to the role of Chief Financial Officer at Vodafone Business. This appointment will take effect on 1st July 2020. "In his new role, Mr. Kamath will be reporting to Vinod Kumar...

I’m worth less than Sh. 300 million – Anne Waiguru

Governor Waiguru Wealth: In 2018, controversial Kirinyaga Governor Anne Waiguru announced that her wealth stands at less than Sh. 300 million. She went on to reveal that apart from her residential houses, she owns rental apartments in Mulolongo, outside of...

KCB has now restructured Sh. 120 billion loans

KCB Loan Restructure: The amount of loans that Kenya Commercial Bank has restructured now stands at over Sh. 120 billion. This has been revealed by the bank's chief executive officer Joshua Oigara. He made the revelation during a virtual annual...

Firm linked with Kenyatta Family wins Sh. 110 million Kenya Power deal

A timber firm that is based in Nakuru County has won a multi million tender to supply Kenya Power with wooden poles. The company known as Timsales will supply Kenya Power with wooden poles worth Sh. 112.87 million. Its...

Equity loans, transactions ride on the back of digital banking

In light of the Covid-19 pandemic, the government and Central Bank of Kenya, advocated for a resort to cashless transactions to contain the spread of the pandemic. Equity  Bank has been facilitating its customers to enhance use of its...

Biogas in Kenya: A low-cost biogas digester for small farmers

Biogas in Kenya: Dominic Nyoro, a fabricator has finally moulded a portable plastic biogas digester for use in peri-urban and rural areas. “It is a biogas digester like any other,” said Nyoro, who works for Roto Moulders Limited in Nairobi....

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