Bizna Reporter

CMC Motors fires 110 employees

CMC Motors has sent 110 employees packing. The car distributor says the move has been necessitated by the alignment of its business. According to the company, the loss of franchise deals has impacted its sales thereby forcing it to cut...

Salary each teacher will earn after pay raise this July

BY DAILY NATION More than 312,060 teachers are set for a pay rise next month as their employer — the Teachers Service Commission (TSC) — implements the second phase of their collective bargaining agreement that will cost Sh18 billion. In the...

New potato packaging rules to protect farmers

The Agriculture Food Authority (AFA) has proposed new potato packaging rules in a bid to end exploitation of farmers by brokers and middlemen. Under the proposed Irish Potatoes Handling and Marketing Regulations, Irish potato producers and dealers will be required...

CBA holds second annual economic forum

Commercial Bank of Africa (CBA) has held its second Economic Forum. In this year's forum, CBA focused on taxation and how it is impacting business in the manufacturing sector. This year's event was attended by Cabinet Secretary for Trade and...

15 dead, 70 injured in Gikomba fire

Gikomba Fire: 15 people are feared dead and more than 60 injured after a night fire, once again, gutted a section of Gikomba in the capital Nairobi on Thursday morning. Some of the victims burned while others choked after inhaling...

MKU billionaire owner Simon Gicharu now starts new media house

Simon Gicharu's wealth: Billionaire Simon Gicharu is the newest media owner in Kenya. The billionaire, who founded Mount Kenya University is set to launch a media house that has been revealed to have been named Cape Media. "The entrepreneur, who...

Building of Sh. 5.8 billion Likoni cable cars to start next week

BY BUSINESS DAILY Pre-engineering works on the Sh. 5.8 billion Likoni cable cars project is set to start next week. The works will involve a survey of the land where landing stations and masts will be build on the two sides...

33 year old Kenyan who makes Sh. 20 million on a bad month!

The following profile was first published in the Daily Nation. For 31 year old Kenyan Andrew Kamau, selling building materials was all his day’s work diary would read a few years ago. The city’s high-end estates — Lavington, Kileleshwa and...

Top 10 biggest economies in the world right now

World economy rankings: When it comes to the top 10 national economies around the globe, the order may shift a bit, but the key players usually remain the same, and so does the name at the head of the...

Aliko Dangote gets license to start Peugeot plant

Dangote Peugeot: Africa's richest man Aliko Dangote's Dangote Group has been granted a franchise by the Peugeot of France Groupe to construct and operate an assembly plant in Nigeria. A franchise is a type of license that a party (franchisee)...

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Watch Live matches through SportyTV as new 24/7 sports channel joins DStv and GOtv

Live sport will be more accessible than ever as SportyTV is added to DStv and GOtv bouquets in Kenya as...