Monday, April 13, 2026
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Bizna Reporter

IMF funds, US dollar purchases push CBK reserves to four-year high

Funds from the International Monetary Fund (IMF) coupled with US dollar purchases have pushed the official foreign reserves at the Central Bank of Kenya to a four-year-high. In the first week of November, the CBK reserves increased by Sh. 95...

Arrival of new A350-1000 pushes Ethiopian Airlines in-service fleet closer to 150

Africa's largest airline Ethiopian Airlines in-service fleet has inched closer to surpassing the 150 milestone following the arrival of the coveted A350-1000 aircraft. Ethiopian Airlines became the first airline in Africa to own the brand new aircraft in Africa when...

NCBA Bank expansion drive hits top gear; branches set to cross 120 mark

The NCBA Bank expansion drive has hit top gear with the opening of a new branch in Kitui Town. The new branch was officially opened on Friday, November 8, 2024 by Kitui County Governor Julius Malombe. The opening of...

Co-op Bank to boost lending support to women businesses in deal with IFC

The Co-operative Bank of Kenya (Co-op Bank) is set to enhance is financing offering for women businesses in a new deal with the International Finance Corporation (IFC). In the new deal, the IFC has extended USD370,000 which is equivalent...

KRA: Passengers entering Kenya to declare their mobile phones IMEI numbers

Passengers entering Kenya from January 1, 2025 will be required to declare their mobile phones IMEI numbers. This is according to a requirement that has been instituted by the Kenya Revenue Authority (KRA). "Passengers entering the territory of Kenya will...

Canada ends standard issuing of multiple entry visit visa in new changes

The Canadian government has introduced fresh changes in its temporary visa rules. In the new changes, Canada has ended the standard way of issuing multiple entry visit visa based on the validity of a passport. Going forward, the new regulations...

Kenyan-born Huldah Momanyi wins Minnesota seat in US elections

Kenyan-born Huldah Momanyi Hiltsley has won the Minnesota House of Representatives seat in the US elections. She will now represent District 38A in the legislature. She had contested for the seat on a Democratic-Farmer-Labour Party and defeated Republican Brad...

Ethiopian Airlines acquires Africa’s first 410-passenger Airbus A350-1000

Ethiopian Airlines, the largest airline in Africa, has acquired Africa’s first Airbus A350-1000. The aircraft that is the largest variant in the A350 series becomes the first Airbus A350-1000 to be owned by the airline. The new aircraft comes in...

Why you need to get a LOOP Visa card: Unmatched convenience, security, reliability

Insecurity, inconvenience and unreliability. These are the three things that kept Ruth Nyamai away from applying for a payment card for years. The 36-year-old entrepreneur based in Nairobi had previously owned four cards, some within one year. “It became so...

How JKIA Adani bad deal contrasts against Rwanda, Ethiopia new airport constructions

During a townhall meeting that was held in July in Mombasa, President William Ruto admitted that he was seeking to hand over the Jomo Kenyatta International Airport (JKIA) to private Indian firm Adani Airport Holdings. The president further stated that...

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Pius Muiru’s Sh960 million property faces auction over defaulted loan

The founder of Maximum Miracle Centre Bishop Pius Muiru (popularly known as Pastor Pius Muiru) is in court fighting...
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