Bizna Reporter

Tim Kipchumba: My secret to creating wealth

Tim Kipchumba is the co-founder and chief finance officer at Questworks, a design building company that deals with engineering, real estate and solar projects. Biggest money mistake: We invested in a pig farm that was being run by a 26-year-old on...

Kenyans borrow Sh. 1 billion on Fuliza in 8 days

BY REUTERS: Kenya’s biggest telecoms operator, Safaricom, notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days, surpassing its CEO’s expectations, he said on Thursday. Started 11 years ago as a service...

Manu Chandaria faces auction over Sh. 6 billion loans

Manu Chandaria's Wealth: Billionaire industrialist Manu Chandaria is facing possible auction over a Sh. 6 billion debt that was taken by one of his companies. A report that appears in the Business Daily says that the debt was taken by...

2019 Africa’s Richest Persons. Did any Kenyan make it?

2019 Africa's Richest Persons: The number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the...

Mumias Sugar sends 900 employees, CEO home

Mumias Sugar Employees: BY THE STANDARD: Ailing sugar miller Mumias will fire 900 workers next month and have sent home Chief Executive Officer (CEO) Patrick Chebosi on compulsory leave. The corner office at the sugar milller has been a revolving...

Shocking details on Riverside terrorist Ali Gichunge emerge

Ali Gichunge: Shocking details on one of the terrorists who staged an attack at the 14 Riverside have emerged. The details say that Ali Gichunge, one of the six terrorists, was a quiet man who lived at Guango Estate in...

Video showing moment terrorist blew himself up at Riverside

Nairobi Terror Attack: A video has emerged online showing the moment that one of the terrorists who attacked 14 Riverside Dusit D2 hotel blew himself up. In the video, the terrorist is seen walking in a pathway towards a hotel. He...

Sh. 768 million Limuru Mall auctioned over unpaid bank loans

BY BUSINESS DAILY: The Sh. 767.6 million ($7.6 million) incomplete Limuru mall is being auctioned over defaults on bank loan payments, four years since ground was broken at the site. The property, which measures approximately 2.858 acres, is registered under...

Latest on Riverside ‘terror attack’

Riverside Attack: Security officers have been deployed to Westlands in Nairobi after gunshots heard in the area around Dusit Hotel. Four cars have been destroyed in the chaos. So far one body has been recovered from one of the buildings. The...

Kenya should aim to ban importation of second hand cars altogether

BY EPHRAIM NJEGA: It is good that the government is planning to implement the policy to slash the age limit of imported cars from eight to five years as I have always recommended. The long term goal would be to...

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Latest News

Safaricom inches closer to 60M users in Kenyan market

The latest sector statistics from the Communications Authority of Kenya (CA) for the Third Quarter of the 2025/2026 financial...