Bizna Reporter

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...

Farming on 1 acre: How Kiambu couple makes over Sh. 4 million

Farming on 1 acre: How profitable can you turn one acre of land into? Well, one couple in Kiambu has turned their acre of shamba into a money minting venture. Here is their story as was first published by...

Polycarp Igathe rejoins Equity Bank, takes top job position

Polycarp Igathe Equity Bank: Equity Bank has appointed Polycarp Igathe as the Group chief commercial officer. This appointment comes days after Igathe quit his position at Vivo Energy. The move also quashes rumours that the former Nairobi deputy governor had...

Investors on NSE lose Sh. 573 billion as economy plunges

NSE Trading: Things have been very tough on the Nairobi Securities Exchange. Over past two months alone, investors have lost a whooping half a trillion shillings. Things have gotten worse in the wake of the coronavirus pandemic and plunges in...

KRA takes over collection of parking fees in Nairobi from today

Parking Fees in Nairobi: The Kenya Revenue Authority will from today takeover the collection of parking fees and other county levies in Nairobi County. This comes weeks after the Nairobi County handed over its responsibilities to the national government. The...

NextGen, Thika Business Centre among auction properties nobody wants

Properties on Auction Kenya: The real estate sector in Kenya has been sailing in troubled waters. And as the troubles persist, auctioneers have been struggling to get buyers for repossessed properties. Of the hundreds of properties on auction - on...

Arrests to be handled at police stations, civil cases hearing suspended

Civil Cases in Kenya: The hearing of civil cases in Kenya has been suspended. The suspension was announced by the Chief Justice David Maraga in the wake of the first case of the rampaging coronavirus. “With regard to new arrests,...

Polycarp Igathe resigns (Again) from Vivo Energy top job

Polycarp Igathe Resigns: Polycarp Igathe has resigned as the Executive Vice President, Sales and Marketing at Vivo Energy. The resignation comes barely an year after he resigned from Equity Bank. An internal communication sent by Vivo Energy CEO Christian Chammas,...

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Ecobank Kenya appoints Flora Mutahi to board as non-executive director

- Ecobank Kenya has appointed Flora Mutahi as a Non-Executive Director to its Board, reaffirming the Bank's commitment to...