Bizna Reporter

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...

MP Shah Hospital reduces controversial bill from Sh. 858,355 to Sh. 25,000

MP Shah hospital has now revised a controversial bill for a patient who only died hours after admission from Sh. 858,355 to just Sh. 25,000. The bill which shocked the country had been placed on the family of Ms. Matilda...

This is my secret in building a successful business

LeAnne Samson owns a series of businesses that include the Diner En Blanc, a wedding and events planning, a micro-finance, and management consultancy businesses. Making a mistake in my business, no matter how little, is quite traumatizing for me because...

Best paying jobs in Kenya and their salaries

The best paying jobs in Kenya can now be revealed. And employees in the financial services have the best paying jobs in Kenya while those in water supply, sewerage and waste management have the lowest salaries among workers. The Economic...

Rise and fall of ex NBK boss Munir Ahmed

BY GALGALLO FAYO When Munir Sheikh Ahmed sauntered into the corner office at National Bank of Kenya (NBK) in August 2012, he was bubbling with ambitions. Having worked for nearly two decades with Standard Chartered Bank SCBK, both in Kenya and...

These are the 10 best places to own property in Kenya

Kiambu has been ranked as the best county to own property in Kenya.This is according to the housing and property management firm HassConsult’s County Land Price Report. The HassConsult report says that land prices rose at an average rate of...

Secure your farming with this affordable agribusiness insurance product

What is more devastating for a farmer than a drought or heavy destructive floods that strike at a time crops are just beginning to bloom? Pretty nothing else. But this is the current situation in the country. Many farmers...

Chase Bank depositors to finally get cash in October

Chase Bank’s large depositors could start accessing their money after six months, according to Mauritius-based SBM Holdings, which has signed an agreement to acquire the Kenyan lender. The bank collapsed in 2016 with deposits of more than Sh100 billion, part...

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Airtel Africa becomes the first operator in Africa to commercially launch Starlink mobile in DRC

Airtel Africa and Starlink have launched satellite-to-mobile service in the Democratic Republic of the Congo (DRC), marking the first...