Bizna Reporter

Coronavirus Prevention Tips: Protect Yourself From Getting Coronavirus

Coronavirus Prevention Tips: Now that the first case of coronavirus has been confirmed in Kenya, there are various steps you can take to prevent yourself from contracting this deadly virus. There is currently no vaccine to prevent coronavirus disease 2019...

KRA freezes Keroche Breweries’ bank accounts

KRA vs Keroche: The Kenya Revenue Authority has frozen the bank accounts of Keroche Breweries. The freezing comes as the taxman moves to effect the collection of some Sh. 9 billion tax. The tax is being widely seen by...

Tullow Oil in Sh. 169 billion loss as troubles deepen

Tullow Oil Loss: Tullow Oil has reported a full year 2019 loss of a shocking Sh. 169 billion. The British oil explorer who has been at the centre of Kenya's oilfields made the loss amidst bankruptcy fears. The full-year loss...

Kenya’s largest bank posts Sh. 25.1 billion full year net profit

KCB Profit 2019: KCB Group has posted Sh. 25.1 billion net profit for the full year ended December 2019 . This represented a profit growth of 4.8 per cent. In the previous financial the bank recorded a net profit...

KRA may takeover Keroche assets over multi billion tax bill

Keroche assets:On Wednesday, March 11, the Kenya Revenue Authority scored a major win against private business, Keroche Breweries. The tax got the go ahead to demand a Sh. 9.1 billion from Keroche's Tabitha Karanja. Now, even as Ms. Karanja seeks for...

How once moneyed cabinet secretary Raphael Tuju lost his billions

Raphael Tuju Wealth: Raphael Tuju is broke and facing possible bankruptcy charges. How could this be yet he was once one of the few moneyed politicians in Kenya? Here is a shocking story that looks at how the cabinet secretary...

Keroche’s Tabitha Karanja ordered to pay KRA Sh. 9.1 billion

Tabitha Karanja, the founder and chief executive officer at Keroche Breweries, has been ordered to pay some Sh. 9.1 billion to the Kenya Revenue Authority after losing a case against the taxman. KRA won six appeals filed by Keroche before...

Echesa: Return my Sh. 23 million car, using matatus is embarrassing

Echesa Saga: Embattled former cabinet secretary Richard Echesa has pleaded with court to get his multi million vehicle back. Echesa has told the court that he is facing untold shame and embarrassment from walking around and using matatus. "I have...

Tullow Oil slaps Kenya with Sh. 204 billion compensation fee

Turkana Oilfields: London Stock Exchange listed oil explorer Tullow Oil has slapped Kenya with a Sh. 204 billion demand. The oil explorer is asking for the money as compensation fee for the six years of exploration it has conducted...

Tuju and his family now face bankruptcy charges

Tuju Net Worth: Financial troubles that are currently bedeviling Cabinet Secretary without portfolio are not about to end. The CS is now facing the threat of being declared bankrupt, which will effectively bar him from holding an elective office. The...

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Connected Africa summit calls for urgent action to unlock seamless digital connectivity

Industry leaders, policymakers and technology stakeholders convened at the 15th annual Connected Africa Summit, held at the Edge Convention Centre,...