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Bizna Reporter

Housing Finance profit falls by Sh. 678 million in nine months

Mortgage lender Housing Finance’s (HF) net profit fell 81 per cent in the nine months to September. This was a fall equivalent to Sh. 678 million. Profit stood at Sh. 159 million, down from Sh. 837 million during a  similar...

Centum’s half year profit drops by Sh. 500 million

Investment firm Centum has announced a profit drop for its half year period. Centum reported a Sh. 1.6 billion profit after tax, down from Sh. 2.1 billion during a similar period last year. It attributed the drop in profits in the six...

Eunice Njoki: 7 things I know about money and business

Eunice Njoki is the chief executive officer at Eunema Errands, a custom courier service in Nairobi, and the founder of Maktaba Mashinani Foundation (MMF), which is a non-governmental organization building and developing modern libraries in Kenya's rural areas. Business or...

South Africa overtakes US in exports to Kenya

South Africa has overtaken the United States in sales to Kenya to become the sixth biggest seller of commodities to Kenya. This is after imports from the country grew by Sh. 11 billion in the first eight months of the year. South...

Safaricom customers to get Sh. 10 million refund for failed KCPE SMSes

Safaricom has ordered a firm to refund over Sh. 10.6 million to its customers who were billed more than once to receive KCPE results. The firm has said that the double-billing by Challa Communications Limited, a third party licensed by...

Kenya launches portal to ease international trading

Kenya has officially launched the Information for Trade (InfoTrade) in Kenya web portal which will provide international traders with all access to trade regulation information. Following the launch, it will now take a trader a maximum of five minutes to access...

Photos of new digital driving licences with driver’s details

The National Transport and Safety Authority (NTSA) has issued samples of the new digital digital licences revealing how they will look. The new digital driving licenses will be fitted with electronic chips that will contain key details of a driver and...

This is why many businesses fail

BY BONFACE OTIENO Have you tried your hand at some small business but it failed to see its second or third birthday? You could be among a handful of would-be entrepreneurs who have tried and failed. But you were not...

Why Matiba got Kenya’s biggest torture compensation

BY BENSON WAMBUGU Ailing multiparty democracy hero Kenneth Matiba had a broad smile after a court recently awarded him nearly Sh.1 billion for his detention. When renowned heart specialist and Mr Matiba’s personal physician Dr Dan Gikonyo recounted in court the...

How to save effectively

BY WACEKE NDUATI-OMANGA “I am thirty-two years old and have never been able to save. I have tried to work with a budget to control my spending so that I can save but it never works out. At the beginning...

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Safaricom, Sprite empower youth with digital Sskills at University of Eldoret Masterclass

Safaricom (NSE: SCOM) through its youth platform Safaricom Hook, in partnership with Coca-Cola Company's brand Sprite, yesterday toured University of...
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