Thursday, March 26, 2026
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Bizna Reporter

KCB posts Sh. 5 billion net profit in 3 months

KCB has posted a 14.1 per cent net profit rise in the first quarter ended March buoyed by increased lending. The bank made a Sh. 5.1 billion net profit in the review period compared to Sh. 4.5 billion a year...

Nairobi-Mombasa expressway to be built and owned by private investors

The Sh. 300 billion Nairobi-Mombasa expressway will now be built and owned by a private investor after the government opted out of taking a loan to build the mega highway to curb the ballooning public debt. Transport and Infrastructure Cabinet...

CMA to change NSE listing rules

Capital Markets Authority is reviewing eligibility requirements for firms that wish to list on the bourse to remove unnecessary barriers and attract new listings, the regulator’s chief executive said on Tuesday. The NSE listing rules have been partly blamed for...

Kenya’s exports to African markets drops to five year low

BY KEZIAH KINUTHIA / BUSINESS DAILY Kenya’s total exports to key markets in Africa shrunk to a five-year low in 2017, new data showed, an indication of growing pain for local producers and the economy. The country’s overall exports to Africa...

Sh. 1.5 billion five 14-storey apartments to be built behind Nextgen Mall

A group of investors plans to inject Sh1.5 billion in five apartment blocks rising to 14 floors housing 524 families off Mombasa Road, Nairobi. Regulatory filings by Cool Breeze Development show the firm has ready funds for the proposed project...

Ex Deputy Governor Igathe joins Equity Bank

Ex-Nairobi Deputy Governor Polycarp Igathe has joined Equity Bank as the Chief Commercial Officer (CCO). Igathe has made the comeback in corporate leadership five months after his venture into politics ended with an abrupt resignation. Also, Equity Bank has appointed Christine...

Centum to sell Sh. 1.3 billion stake in assets firm to boost earnings

Barely a week after announcing a profit warning to its shareholders, Centum Investments has announced that it is set to book a gain of about Sh. 1.3 billion from the sale of its 73.4 per cent stake in asset...

Jumia customers to watch the World Cup for free

Kenyans who purchase Kwese decoders on Jumia will be able to watch the World Cup for free. This follows a partnership deal signed between Jumia and the Pay Tv service provider. The deal will see customers who buy the...

NHIF stops paying bills at hundreds of private hospitals

NHIF Outpatient Hospitals: The National Hospital Insurance Fund (NHIF) has stopped settling diagnostic test bills from hundreds of private service providers it accuses of making fraudulent claims. NHIF said the decision was informed by the realization that the facilities have...

How to make your chickens brood like a machine

BY TONY KIRAGU Most farmers are tempted to continuously have their broody hens sit on eggs to increase their flock size. Although some may do it successfully, as a veterinarian I would advise against it for the following reason. Broody hens usually...

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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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