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Bizna Reporter

PS Omollo surrenders to police as NYS boss, Anne Wambere family arrested

Public Service and Youth pernanent secretary Lillian Omollo has surrendered to the police. This comes afew hours after NYS boss Richard Ndubai was arrested. The two had stepped aside on Friday to pave for investigations on the looting of Sh....

How to make money in grapes farming in Kenya

BY GRACE MUREITHI-KORIR By 2016, the global consumption of fresh table grapes was estimated at 20.9 million tonnes, up from about 15.6 tonnes in 2009/2010. A similar trend is also shaping up in Kenya, although the greatest demand was registered...

How Sh. 2 billion was stolen in tree planting scandal

It is the season of corruption in Kenya. And amidst the multi-billion corruption scandals that have rocked the government, it has now been revealed that Kenyans may have lost Sh. 2 billion to timber mafia and corrupt individuals at...

Kountable CEO: 7 ways I grow my wealth

Chris Hale is the founder and Global CEO of Kountable, a technology trade platform based out of San Francisco, US, which facilitates international trade for SMEs. Greatest milestone: Closing a $150,000,000 line of credit with a US based alternative credit...

Co-op Bank shareholders to get dividend pay after AGM approval

Co-operative bank shareholders are set to get a dividend payout of Sh. 0.80 per share. This follows the approving of the dividend pay during the bank’s Annual General Meeting which was held on Friday in Nairobi. The dividend pay comes...

How 2 sisters, brother got Sh. 637 million maize scam pay

Two sisters and a brother were paid over half billion by the National Cereals and Produce Board (NCPB). This has been revealed by the Standard Media Group, which says it has documents showing the payments. According to The Standard, the...

Uhuru appoints Francis Muthaura, 71, KRA chairman

President Uhuru Kenyatta has appointed former head of Public Service Francis Muthaura as the new chair of the Kenya Revenue Authority (KRA). In a gazette notice dated May 25, President Kenyatta further revoked the appointment of Edward Sambili as KRA...

Kenya to start regulating ‘predatory mobile loans’

BY REUTERS Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cell phones without a bank account. Now, a proliferation of...

3 Chinese contractors get Sh. 4.1 billion tenders to repair Nairobi roads

Three Chinese firms have been awarded contracts worth Sh. 4.1 billion to repair roads in Nairobi that have been damaged by the on-going heavy rains. According to Transport and Infrastructure secretary James Macharia, the government has struck a deal with...

Power games behind multi-trillion coal in Kenya

BY JOHN KAMAU / NMG On Saturday May 10, 2014, Chinese premier Li Keqiang was driven to Nairobi’s State House to formally sign the agreement on the multibillion-shilling standard gauge railway project — one of Jubilee government’s flagship projects. Tied to...

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NCBA Group reports KSh 23.4 Billion profit for FY2025 as dividend jumps 30%; new strategy unveiled

NCBA Group PLC has posted a net profit of KES 23.4 billion for the full year ending 2025, marking...
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