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Bizna Reporter

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...

Karen Nyamu to be auctioned over Sh. 1.25 million Runda rent arrears

Household items belonging to nominated Senator Karen Nyamu are set to be auctioned over rent arrears amounting to Sh. 1.25 million. The auctioning has been cleared by a Nairobi court that has also ordered police officers at Runda to accompany...

Co-operative Bank’s net profit rises to Sh. 19.2 billion in nine months

The Co-operative Bank of Kenya has recorded a Sh. 19.2 billion profit after tax for the first nine months of the current financial year. The Co-operative Bank's net profit in this period represented a 4.4 per cent profit growth from...

Man in Sh. 1.2 billion money heist at Equity Bank arrested at JKIA

A man who is suspected to have been part of a Sh. 1.2 billion money heist at Equity Bank is under arrest. The man who was identified as John Karima Wainaina was arrested at the Jomo Kenyatta International Airport (JKIA)...

Hersi: Drop Adani and have JKIA, KQ partner with Emirates for better value

The controversial takeover of the Jomo Kenyatta International Airport (JKIA) continues to generate criticism. The deal, which was secretly initiated by the President William Ruto's government and the Adani Group, and later leaked to the public will see the Indian...

Meg Whitman quits as US Ambassador to Kenya

US Ambassador to Kenya Meg Whitman has resigned. Ms Whitman announced her resignation barely days after former US President Donald Trump was elected as the 47th President of the United States.  Ms Whitman said that she had communicated her decision...

Only Sh. 16bn used on houses out of Sh. 54bn affordable housing taxes

President William Ruto's government is using less than a third of the money it collects under the affordable housing taxes to build houses. Apparently, in the financial year ended June 2024, the government collected Sh. 54.16 billion under the controversial...

Equity Group makes Sh. 40.9 billion profit after tax in nine months

Equity Group Holdings has posted a nine month profit after tax of Sh. 40.9 billion. This represented a 13 per cent increase from the Sh. 36.2 billion after tax profit that was realized in the same period the previous...

Why Deep Vein Thrombosis is a silent killer; risk factors and prevention

Sarah Kung’u was full of hope when she joined the University of Nairobi to pursue a Bachelor’s degree in biology in 2003. She had loved sciences all along, and getting a slot to pursue a biological course was a...

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Bullish Kenya Airways shares inch closer to Sh8 per share on NSE

Over the past twelve months, the Kenya Airways counter at the Nairobi Securities Exchange has risen from a low...
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