Bizna Reporter

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...

Petrol, diesel prices rise

The price of petrol in Nairobi has gone up. The fuel commodity has shot up by Sh. 0.34 a litre to Sh. 107.17 in Nairobi. Similarly, the price of diesel which is more popularly used to power commercial vehicles has...

Cellulant receives Sh4.8 billion in equity from US fund

Kenyan digital payments service provider has sold a Sh. 4.8 billion stake to a US fund known as The Rise Fund. The fund that acquired the stake is a subsidiary of TPG Growth, a US company that specializes in...

KRA crushes over 100 cars at Mombasa port

KRA crushes cars: The Kenya Revenue Authority last week crushed more than 100 vehicles for overstaying at the port without being cleared by owners. The vehicles that were crushed ranged from salons to high-end pickups and SUVs. How KRA crushes cars Over the...

NSE CEO Geoffrey Odundo earned Sh. 16.5 million in 2017

The Nairobi Securities Exchange (NSE) Chief Executive Officer earned a monthly pay of Sh. 1.3 million equaling a total of Sh. 16.5 million in the 2017 financial year. “The chief executive is the only executive director on the board and...

Nairobi hotel charging Sh. 1 million to watch Prince Harry and Meghan Markle wed on Tv

A Nairobi hotel will charge Sh. 1 million to watch the royal wedding of Prince Harry and Meghan Markle. Posters on the viewing party by Windsor Golf Hotel and Country Club have been doing rounds on social media since last week,...

3 key steps to establish a sustainable market for your produce

There are three individual approaches to “your market”: First, there is the product to be marketed; you should care about quality of seeds, watering systems, whether you can rent a tractor/piece of equipment at the local agri-hub, available and...

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PS Kello Harsama assures Kenyans of stable fuel supply and adequate petroleum stocks

The Principal Secretary for Petroleum, Kello Harsama, has assured Kenyans that the country continues to maintain adequate petroleum stocks...