Bizna Reporter

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...

Kenya’s debts: Country now owes World Bank, China over Sh. 1.1 trillion

Kenya's Debts: Kenya now owes the World Bank and China over Sh. 1.1 trillion. This follows the acquisition of some Sh. 54 billion loan from the World Bank in the three months to June this year. Now, the World Bank’s...

Chicken farmers join hands to set up Sh. 15 million slaughterhouse

A group of 12 farmers have come together to start a Sh. 15 million chicken slaughterhouse. Having seen the demand for improved kienyeji breeds in Kakamega county, they saw the need to pool their resources and start a chicken slaughter...

Eritrea to set up port on Red Sea coastline

Eritrean Economy: Eritrea is considering building a port on its Red Sea coastline to export potash from deposits being developed in the Horn of Africa nation, a mines ministry official said. Plans for the harbor signal the country’s reemergence as...

About Me

5939 POSTS
0 COMMENTS

Latest News

From Harambee dreams to global bets: Kenyan-born stars shake world cup betting lines

In every World Cup, billions of dreams travel with the football on its global journey. This summer, so are...