Sunday, April 5, 2026
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Bizna Reporter

Joe Wanjui, James Muguiyi make Sh. 3.12 billion from UAP

This feature that also sheds more light on Joe Wanjui's Wealth was first published by the Business Daily: UAP-Old Mutual Holdings chairman Joe Wanjui and director James Muguiyi have agreed to sell their combined six per cent stake, or 12.7...

Wheel Bearing: how it works, symptoms, problems

Each wheel in the car spins on the wheel bearing. In most cars, a wheel bearing is a sealed, maintenance-free unit, like the one in the photo. It doesn't need any servicing and if it fails, it is replaced...

List of companies in Sports Ministry scandal and amounts they got

The Ministry of Sports is in soupbfor failing to account for upto Sh. 1.7 billion. Apparently, close to half the money allocated by the Government to the Sports Ministry to cater for the IAAF Under-18 World Youth Championship in...

National Bank of Kenya in Sh. 283 million half year loss

NBK Loss: National Bank of Kenya has posted a Sh. 282.7 million loss in half year ended June 2018, a decline from Sh. 179.8 million profit booked at a similar period last year. The six-month NBK loss was on account...

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...

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New SACCO Amendment Bill 2025 could change how Kenyans save and borrow

Millions of Kenyans who save and borrow through SACCOs could soon enjoy stronger protection for their money after Parliament...
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