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Bizna Reporter

Viusasa in financial mess, set to shut down

How Viusasa Works: Viusasa, the video-on-demand services that is owned by Royal Media Services (RMS) is in a deep financial crisis. Apparently, the service has been unable to pay artists signed on to it for the past seven months. It...

Agriculture PS to be charged over maize scandal

Maize Scandal: Agriculture Principal Secretary Richard Lesiyampe and top National Cereals and Produce Board (NCPB) managers were Thursday arrested over irregular purchase of maize by the agency. This was after the Director of Public Prosecutions Noordin Haji directed their arrest...

Relief as heavy tax on fuel suspended

Kenyans can now breathe a sigh of relief after MPs voted to suspend the implementation of 16 per cent VAT on petroleum products. The amendment to the Finance Bill, 2018 moved by National Assembly Minority Whip Junet Mohammed was meant...

National Treasury to take Sh. 58 per every litre of fuel sold

Fuel Levy in Kenya: BY BUSINESS DAILY The Treasury will take Sh. 57.57 out of every one litre of super petrol sold in Nairobi beginning this Saturday, marking the coming into effect of the new value added tax (VAT) that...

Chris Kirubi’s Centum invests in Ol Kalou, signs up 250 farmers for project

Billionaire Industrialist Chris Kirubi's Centum Investment has signed up 250 farmers in Ol Kalou, Nyandarua County in an outgrower programme for its agriculture subsidiary Greenblade Growers, with a daily production capacity of six tonnes of herbs and vegetables. The Nairobi Securities...

DCJ Mwilu released on Sh. 5 million bond

DCJ Mwilu in Court: Deputy Chief Justice Philomena Mwilu has been arraigned in court. DCJ Mwilu was charged with abuse of office and tax evasion charges alongside Stanley Muluvi Kiima. They two were arraigned before Chief Magistrate Lawrence Mugambi at...

Deputy Chief Justice Philomena Mwilu arrested over corruption

Deputy Chief Justice Philomena Mwilu arrested: The Deputy CJ was arrested at Supreme Court in Nairobi on Tuesday following allegations of taking part in corruption. After the arrest, Justice Mwilu was taken to the Directorate of Criminal Investigations for questioning. Following...

James Mworia no longer highest paid CEO in Kenya

James Mworia's Salary;: Centum Investment chief executive James Mworia has lost his position as the highest paid CEO in Kenya. This is after his salary dipped to Sh. 14.7 million per month or Sh. 177.5 million per year. His salary...

Debts push Njenga Karume’s kids to sell part of Sh. 17.5 billion empire

Njenga Karume's Properties: The family of the late former Minister Njenga Karume will sell 17 per cent stake of their late father's Sh17.5 billion property. The children want to raise Sh2.975 billion to pay debts after the Karume estate ran...

Uganda exporting more to Kenya than vice versa, boasts Museveni

Uganda exports to Kenya: Uganda is now exporting more to Kenya than Kenya exports to her. This has been stated by Uganda's president Yoweri Museveni. It was stated on Fridah in what lookef like a boastful post to many...

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Two African players in top 5: biggest transfers of January

The winter transfer window is officially closed. Over the past few weeks, many clubs have taken the opportunity to...
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