Bizna Reporter

Eldoret churchgoers in losses after investing millions of cash, loans in pastor’s scam

Churchgoers in Eldoret are counting millions of losses after investing their savings in an investment scam that was being operated by their pastor. The churchgoers at the Rofam Centre Christian Church say that they took Sacco loans and dug out...

Ruto, Mbadi to reintroduce taxes, 49 amendments in rejected Finance Bill 2024

The Cabinet for the National Treasury John Mbadi has confirmed that the government is planning to reintroduce the rejected Finance Bill 2024. This comes days after President William Ruto said during public rallies in Western Kenya and in Uasin...

Hope of joining university to pursue medicine fades for KCSE star who scored A Plain

Doris Waithera scored a KCSE mean grade of A. This was a coveted mean grade of A Plain of 81 points. When she received her results after sitting the 2023 KCSE examinations, Doris swelled up with hope that finally,...

Unpaid for months and depressed, Standard Media employee contemplates suicide

A Standard Media Group employee who has gone for months without receiving a salary for his work threatened to commit to suicide at the media house's headquarters along Mombasa Road. The employee was captured on video in a desperate resolution...

Co-op Bank added to influential Morgan Stanley markets index as net profit soars

The Cooperative Bank of Kenya has been added to the influential Morgan Stanley markets index, the MSCI Frontier Markets Index. The MSCI Frontier Markets Index, created by Morgan Stanley Capital International (MSCI), tracks the performance of large and mid-cap listed...

JKIA workers: Why we are opposed to Adani’s takeover of Kenya’s top airport

Aviation workers at the Jomo Kenyatta International Airport (JKIA) have opened up on why they are opposed to the controversial takeover of Kenya's top airport by Indian firm Adani. This comes hot on the heels of fears that President William...

MD Gerald Warui leaves Equity Bank Kenya after 28yrs; replaced by Moses Nyabanda

Gerald Warui has left his position as the Managing Director of Equity Bank Kenya. Warui, who has been with Equity Bank since 1998, has left the lender under what has been termed as early retirement. "The Board has today... accepted...

More than 100,000 Metropolitan Sacco members lose Sh. 15 billion

More than 100,000 Metropolitan Sacco members have lost Sh. 15 billion between 2021 and 2023. According to the Sacco's interim chair, this has been caused by the former management that reportedly failed to account for the expenditure and the whereabouts...

Bankrupt Mobius acquired by undisclosed buyer; deal to close within 30 days

Bankrupt local automaker Mobius Motors Kenya Limited has been fully bought off by an undisclosed buyer in a deal that is set to be finalized within the next thirty days. This has been revealed by the automaker through a...

Co-operative Bank announces Sh. 13 billion half year net profit

The Co-operative Bank of Kenya has announced a 7 per cent increase in half year net profit to Sh. 12.9 billion for the period ended June 30, 2024. During the period under review, the bank's total assets increased by 7.8...

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