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Bizna Reporter

Best Banks in Kenya 2018: Co-op Bank edges out Equity to second position

Best banks in Kenya 2018: Co-operative Bank has been named as the second best bank in Kenya. This follows the release of the Central bank of Kenya (CBK) 2017 Annual bank Supervision report. the report shows that KCB remained at...

Cost of SGR now close to Sh. 1 trillion

The cost of SGR is now close to Sh. 1 trillion. This is because the actual cost of constructing the SGR from Mombasa to Kisumu will hit over Sh. 800 billion excluding land compensations once the deal to extend...

Insured patients paying 50 times more than cash patients

Health insurance in Kenya: Patients using insurance cards are charged up to 50 times more than those paying in cash for the same procedure at the same hospital. This is according to a health report that appeared in the Business Daily. "The...

Malaysia cancels multi billion China-backed projects over ballooning debts

Malaysia China Debt: Malaysian Prime Minister Mahathir Mohamad confirmed during a visit to Beijing on Tuesday that three China-backed projects totalling $22 billion will be cancelled until his country can find a way to pay its debts. The projects include...

SBM Bank officially takes over Chase Bank, set to list on NSE

Chase Bank is now officially State Bank of Mauritius (SBM). Marking its entry into Kenya, the Mauritius-based lender SBM Bank is now considering listing its Kenyan unit on the Nairobi Securities Exchange (NSE) in a plan that is expected...

Ethiopian Airlines signs Sh. 3 billion deal to revive Zambia Airways

Zambia Airways Revival: Ethiopian Airlines has signed a shareholding agreement with Zambia’s main development agency to relaunch the southern African country’s flag carrier at an initial cost of Sh. 3 billion. The Ethiopian state-owned carrier has outpaced regional competitors Kenya...

How KCB, DTB, Family Bank, Harambee Sacco employees stole millions from customers

Bank Theft in Kenya: It appears that some bank employees have taken fraud to a new level. Apparently, four banks have had their employees nabbed and prosecuted for stealing customers' cash. According to a report that appears in a local...

7,000 travellers book KQ’s direct flight to US

As Kenya Airways inches closer to direct flights to the US, over 7,000 travellers have already booked their seats. This massive booking has also seen the inaugural flight to New York over-booked by 80 per cent. Kenya Airways’ direct flights...

Alvin Mokaya: 7 ways I became successful

Christopher Alvin Mokaya is the founder and chief executive officer of Mokaya Leadership Consulting Centre which is a development, leadership and entrepreneurship coaching firm. Biggest milestone: This occurred mid this year when I partnered with Africa Youth and Talent Summit...

Higher diploma in Kenya to be abolished

Higher Diploma in Kenya BY DAILY NATION: Higher diploma programmes will be abolished according to a proposal by the Kenya National Qualification Framework Authority. The authority's chairman, Bonventure Kere, said the decision to phase out higher diplomas was informed by...

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