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Bizna Reporter

German army’s 6 million face masks disappear in Kenya

German Army Face Masks: BY AFP: A German army shipment of six million face masks needed to protect against the novel coronavirus has vanished in Kenya, the defence ministry in Berlin confirms. “We are trying to find out what happened”...

Kenyans arriving at JKIA dumped in hotels they can’t afford to pay for

Quarantine Rules in Kenya: It is a living hell for Kenyans arriving from overseas. The government is collecting these Kenyans and dumping them in five star hotels most of them can't afford to pay for. For example, Kenyans who flew...

Chris Kirubi to buy Sh. 2.7 billion more shares in Centum

Chris Kirubi Investments: Billionaire businessman Chris Kirubi is set to pay about 2.7 billion to acquire an additional 19.9 per cent stake in Centum. This purchase will see the business nearly acquire the majority stake in the company. It...

Kind landlord tells his tenants not to pay rent for two months

Landlords in Kenya: A kindhearted landlord in Kinangop, Nyandarua County, has asked his tenants not to pay rent for two months. The landlord known as Michael Munene waived the rent due to the economic hardships that have been brought by...

KCB opens door to CRB-listed Kenyans, offers Sh. 30 billion mobile loans

This article first appeared on Nasonga.com. KCB Mobile Loans: Kenya Commercial Bank has announced that it has set aside Sh. 30 billion for lending to Kenyans, including those who were listed on CRB for failing to repay small amounts. These funds...

Why this is the worst time to be a landlord in Kenya

Real Estate Bubble in Kenya: Over the recent few months, the real estate sector in Kenya has been taking a heavy beating. Landlords have been slashing rent in a bid to retain tenants. In extreme cases, some landlords have...

Standard Media Group to fire 170 employees

The Standard Media Group is set to send 170 employees home. According to an internal memo dated March 18 that was addressed to all employees of the Standard Media Group by the group chief executive officer, Orlando Lyomu, the...

Co-op Bank’s full year net profit rises to Sh. 14.3 billion

Co-op Bank Results 2020: The Co-operative Bank has posted a net profit  of Sh. 14.3 billion for the full year ended December 31 2019. This net profit represented a growth of 12.4 per cent from the net profit that...

State fires Dennis Itumbi on his birthday, Eric Ng’enoh also axed

Dennis Itumbi News: Dennis Itumbi has lost his job at the President's Strategic Communication Unit (PSCU). Itumbi was fired from his post as a director yesterday, a day that was also his birthday. Itumbi was among four other directors at...

The legal costs and process for buying land in Kenya

Buying Land Legal Process: Buying anything in Kenya entails a contract, whether verbal or written, depending on the commodity of transaction. The same applies to land, but the process for buying land is longer, owing to its sensitivity and the...

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LOOP rolls out easter deals to boost lifestyle experiences for customers

LOOP, the fintech subsidiary of NCBA Group, is enhancing the Easter season with a range of great deals that...
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