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Bizna Reporter

How do I survive on Sh12,000 salary and two baby mamas?

The Question: I am a bachelor with two baby mamas and two little kids from failed relationships. I earn Sh. 12,000. I spend as follows; rent 5,500, Sacco 500, alumni chama 2,000, one of the baby mamas 1,200, and...

Customer deposits at KCB, Equity hit Sh. 2.82 trillion in nine months

Customer deposits at KCB Group and Equity Group have crossed the Sh. 2.82 trillion mark. This is according to the financial results for the nine month period ended September 30  that have been released by the two banks. According to...

United States charges Indian Gautam Adani with multi-billion fraud, bribery

The United States of America has charged controversial Indian Gautam Adani over a multi-billion-dollar fraud and bribery scheme. According to a report that was published by the British Broadcasting Corporation (BBC), Adani was charged after investigations in the US...

Equity, KCB break records with combined Sh. 86.7 billion net profit in 9 months

The two largest banks in Kenya and the East African region, KCB Group and Equity Group made a combined, record-breaking net profit of Sh. 86.7 billion in the first nine months of the year. Out of this net profit in...

KCB Group beats Equity Group in Q3 profitability, total assets

KCB Group produced a higher performance in the third quarter of the current financial year to beat rival Equity Group. According to the financial results that have been released by the two Kenyan banking giants, KCB Group had an edge...

KCB Q3 net profit hits Sh. 45.8 billion after rising by 49 percent

KCB Group has announced a 49 per cent rise in net profit for the first nine months of the current financial year. The rise saw KCB Q3 net profit hit Sh. 45.8 billion from the Sh. 30.7 billion net profit...

Five ways to survive on a single salary if your spouse loses their job

Everyday, more and more Kenyans lose their jobs as the economy continues to take a beating. One of these jobless Kenyans could very well be your spouse. In a family setting, things can get very thick very quickly if...

Taking bank or Sacco loan? How to make it work for you regardless of amount borrowed

Loans are commonly vilified. In fact, no one will shake your hand for being in debt. Consequently, there are people who fear taking loans, others who take loans and end up paying through the nose, and yet others who...

Equity Bank drops maximum interest charged on loans from 26.3% to 25.8%

Borrowers who have loans with the Equity Bank will now pay a maximum interest of 25.89 per cent down from 26.33 per cent. This cut comes after the Central Bank of Kenya’s Monetary Policy Committee (MPC) slashed the Central...

We don’t want your money! Catholic church rejects Sh. 5.6mn Ruto donation

The Catholic Church in Kenya has rejected a multi-million donation that was made by President William Ruto over the weekend. The money had been donated on Sunday November 17 when the president attended a service at the Soweto Catholic...

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Kinyanjui Kombani Pens a Love Letter to Legacy in New Book, Dear Mama

Kenyan writer and banker Kinyanjui Kombani has published a deeply personal new book, Dear Mama—a work that reads less...
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