Bizna Reporter

Cytonn seeks shareholders approval to list on NSE

Real estate investment firm Cytonn Investment is now seeking approval from its shareholders to list on the Nairobi Securities Exchange. as asked shareholders to approve its plan to list on the Nairobi bourse’s Growth and Enterprise Market Segment (GEMS) during...

Sh. 500 million for more NYS commuter buses approved

An additional number of NYS buses are set to be acquired for service within Nairobi. This is after parliament approved a Sh. 500 million budget for the acquisition in the supplementary budget. The NYS buses started passenger service operations in Nairobi...

Where and how your child shall be treated in NHIF students cover

Principals of the 9,000 secondary schools will have to first select the nearest health facilities that are easily accessible to students when they fall sick under the new Sh. 4 billion NHIF students cover. The NHIF students cover guidelines show that...

Aly Khan Satchu: My secret to creating wealth

Aly Khan Satchu is a financial markets analyst and the CEO of data firm Rich Management Aly Khan Satchu on investing mistakes: All investors hoping to make money through investments must understand that investing is not a one-time thing. Rather,...

How businessman Mike Macharia became a billionaire in 15 years

The founder of Seven Seas Technologies, Mike Macharia is the newest billionaire in Kenya. This is after Macharia, 41, got a valuation of Sh. 3.2 billion for his tech firm. In this company, Macharia holds a 35 percent stake...

My journey from a small farm to a thriving farming empire

Small patches of land with tea plants and others with maize and beans is all one sees along the Chavakali-Kaimosi Road in Vihiga County. The area is densely populated but this has not deterred people from farming on their small...

Shocking video, photos of accident that killed SK Macharia’s son

SK Macharia’s son, John Macharia, is dead. He died on Thursday night at the Karen Hospital where he had been taken after a freak crash on the Southern Bypass. His passenger survived. Karen police boss Cunningham Suiyanka confirmed that there was...

NHIF contributions to be cut from basic salary, not gross

Kenyans will now pay their social health insurance from their basic salary instead of their gross pay. After two day deliberations between the Central Organisation of Trade Unions (COTU) and National Health Insurance (NHIF), it was agreed that subscribers of...

Kenya to pay Sh. 65 billion 2015 loan tomorrow

Kenya is tomorrow expected to pay an outstanding Sh64.6 billion ($646 million) of the syndicated loan it took in 2015, in what could immediately cut down the mountain of foreign exchange reserves that has been growing in recent weeks...

How Sh. 12,000 loan has made me a farming millionaire

For Wilson Kirwa Oraam, owning a 32-acre piece of land was never a possibility three years ago. He was a subsistence farmer, planting maize for the consumption of his family on his one acre piece of land. During a...

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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...