Bizna Reporter

You can now move money from Paypal to M-Pesa

Safaricom customers can now instantly move money from Paypal to MPesa. This follows a partnership between Safaricom, PayPal and TransferTo, Safaricom customers will now be able to seamlessly move money between their M-Pesa and PayPal accounts. The move comes days...

These are the little-known billionaires in Kenya

Kenya Revenue Authority’s (KRA) publication of the top taxpayers’ list has uncovered more than 100 little-known billionaires. Top on the list of the silent billionaires are: 1). KPMG’s chief executive, Josphat Mwaura. 2). Ernst & Young’s CEO, Gitahi Gichahi. 3). Philip Kinisu, the...

Nyeri farmers to get 2 million avocado trees

Nyeri farmers are set to get up to 2 million free avocado trees. According to the governor, Mutahi Kahiga, the government intends to distribute for free at least two million avocado trees to an estimated 200,000 farmers, targeting to earn...

Airtel customers won’t withdraw from Safaricom agents

Airtel Money customers will not be able to withdraw funds from Safaricom’s M-Pesa agents. While the same will still apply to MPesa customers, it is Airtel customers who are expected to take the heat. Airtel says that it still expects customers...

Investors risk losing Sh. 2.6 billion as Gakuyo’s Ekeza Sacco to be dissolved

Sh. 2.56 billion invested by over 50,000 Kenyans in Gakuyo's Ekeza Sacco is at risk. It has now emerged that a liquidation order has been issued on the sacco. Commissioner of Co-operatives Mary Mungai said compulsory liquidation was necessitated by findings...

How not to buy land in Uganda

BY THOMPSON REUTERS FOUNDATION   The sign is ubiquitous: six words that are painted on walls and homes across Uganda, like a national motto, from quiet banana groves to the frenetic capital Kampala. "This plot is not for sale." The words are as...

Alex Mutitu: I bail out arrested motorists

PEOPLE DAILY Alex Mutitu experienced discomfort when he was arrested in Naivasha last year and spent several few hours he spent at the police station got him thinking about an idea that would help others in his situation. “I was arrested...

See most stolen cars in Kenya today

Most stolen cars in Kenya: report by the Association of Kenya Insurers (AKI), has come out to show that a vehicle in Kenya is most likely to be stolen if it is white, a Toyota and parked somewhere. The data...

Tuskys now refuses to rescue Nakumatt

Tuskys Supermarkets is now turning its back on troubled retailer Nakumatt in what could be the final nail on the coffin of a once blossoming retailer. Tuskys has already written to the Competition Authority of Kenya (CAK) to say that...

Wealth lessons from world’s richest self-made woman

The 2018 Forbes list of the richest women in the world has a record-breaking 42 women, led by Alice Walton, the daughter of Walmart founder Sam Walton. Ms. Walton's wealth grew from $33.8 billion to $46 billion in twelve...

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Safaricom doubles Home Fibre speeds to power smart living customers to enjoy faster internet at no extra cost across all plans

Safaricom doubles Home Fibre speeds Safaricom has announced an upgrade to its Home Fibre offering, increasing internet speeds by up...