Bizna Reporter

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...

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...

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NMB Bank makes history as Tanzania’s first offshore Shilling Bond lists on London Stock Exchange

NMB Bank: Tanzania has achieved a major milestone in its financial sector after the International Finance Corporation (IFC) listed...