Bizna Reporter

Robert Kamaru: I lost money four times investing through emotions

Robert Kamaru is the founder and chief executive officer at Escrow Kenya, a firm that provides e-commerce buyer-seller escrow services in Kenya. Biggest milestone: This is getting a deal in the KCB Lions’ Den Season 4. I stepped into the...

TSC changes stand on controversial teachers career progression rules

Teachers Career Progression Rules: The Teachers Service Commission (TSC) has revised its position on teachers' career progression rules. Now, the TSC says that it will include the two main teachers' unions, KNUT and KUPPET in the development of the professional...

Naivas, Tuskys supermarkets to hike prices over coronavirus

Coronavirus Update: Kenyans are set to start feeling the effects of coronavirus after leading retailers Tuskys and Naivas announced that they will raise commodity prices this month. The commodities whose prices will be hiked include clothing, furniture, mobile phones, TVs...

Tuju’s Karen firm placed under receivership over multi-million debt

Ailing Cabinet Secretary Raphael Tuju's firm has been placed under receivership. Dari Limited, which is based in Karen, was placed under receivership over a Sh. 1.6 billion debt that the cabinet minister owes the East African Development Bank, EADB. The...

Co-op Bank launches import duty financing for small businesses

Import Duty Financing: The Co-operative Bank has launched the Import Duty Finance to the rapidly evolving Micro, Small & Medium-sized Enterprises (MSMEs) in Kenya.  This comes as the bank commits to remain innovative in offering relevant services in the...

SRC faces off with TSC over teachers’ salaries

Teachers' Salaries: The Salaries and Remuneration Commission (SRC) is facing off with the Teachers Service Commission over teachers' salaries. Specifically, the SRC has waded into the row between teachers and their employer over the issue of two payrolls that have been...

US firm dumps Kenya for Zambia 5 months after setting base in Nairobi

New York Stock Exchange-listed agricultural company Corteva Agriscience has exited Kenya for Zambia. The firm has dumped Nairobi for its seed production business and instead opted for Lusaka, barely five months after setting base in Kenya. According to a statement...

NSE crumbles to lows last seen 16 years ago

NSE Nairobi: The Nairobi Securities Exchange's main index dropped to a 16-year low on Friday. This came as foreign investors withdrew their investments amid turmoil in the global markets over the coronavirus outbreak that is wrecking havoc across the globe....

Magoha’s move that could cut Nancy Macharia’s control over teachers

TSC Act: BY NEWSPOA MEDIA: Education Cabinet Secretary George Magoha wants Parliament to review section 11 (e) and (2) of the TSC Act to provide for mechanisms through which his Ministry can relate with teachers. Magoha argues that MPs should...

TSC to register all teachers in Kenya afresh

TSC Fresh Teachers Registration: First Reported By The Standard: The Teachers Service Commission (TSC) is planning to register all teachers afresh in a countrywide process that kicks off next week. Documents indicate that all teachers will undergo fresh head...

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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...