Bizna Reporter

Female bank manager linked with Kisumu bank theft

A bank manager with the Diamond Trust Bank has been linked with a Sh. 6.7 million bank theft. The manager who has been identified as Ms. Carolyne Mwenesi Musungu is reported to have given the cash to a stranger in...

Raisa Ismaily: Why I quit my IT job to start a CBO

Raisa Ismaily started working right after graduating from the Academy of Graphic Technologies (AGT) in Nairobi with a UK's BTEC's  Higher National Diploma in Graphic Design. “I was 24 when I got my first job,” says the 27-year-old. She was...

StanChart Kenya CEO earns Sh. 104 million in 12 months

Stanchart CEO Salary: Standard Chartered Bank of Kenya chief executive officer Lamin Manjang earned a total of Sh.104 million in the year ended December, the lender has disclosed in its latest annual report. Mr Manjang, who has worked for several...

Kenya to take new Sh. 300 billion Eurobond

Kenya's borrowing spree is set to go a notch higher. This is after it emerged that the government is set to take up a new Sh. 300 billion international loan. This means the country could be headed for a third...

I started my storage business with Sh. 5,000

BY DAVID MWITARI Four years ago, Njeri Wainaina found herself unhappy with the two jobs she’d held. She had worked as a marketer and as a public relations officer. At 24, she decided to quit employment for good to venture into...

Starehe Boys unable to operate as cash crisis bites

Starehe Boys Centre is grappling with an acute financial crisis, which could see about 600 needy students lose out on their education. Once the country’s premier high school, the institution now depends on well-wishers to fund its operations. Its acting director,...

Jumia reduces delivery prices to Sh. 100

Jumia customers will now pay only Kes 100 for delivery within Nairobi down from the current Kes 250. Jumia said the move is aimed at making it more cost effective for the customers to buy FMCG items from the...

StarTimes launches pay-per-view service starting with Sh. 22

StarTimes Pay-per-view: The pay television  service provider has launched a pay-per-view  service in Kenya.  The cheapest among the StarTimes Pay-per-view  offering will be their cheapest will be their Nyota daily bouquet at Sh. 22, weekly Sh. 86 while monthly...

Ex KenolKobil CEO pockets Sh. 707 million after resigning

Oil marketer KenolKobil paid its former chief executive, Jacob Segman, Sh. 707.1 million to settle a long-running dispute over his stock-based compensation, making it corporate Kenya’s largest single payout to an executive. The Nairobi Securities Exchange-listed firm disclosed Mr Segman’s...

Construction of Carrefour market in Nairobi set to kick off

The construction of Carrefour market in Nairobi is set to kick off this month following an agreement with the Village Market. The company confirmed that the construction work will begin in May and it will be followed by installation of...

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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...