Bizna Reporter

Family Bank posts Sh. 743 million loss in nine months

Family Bank has posted a loss of Sh. 743 million compared to a net profit of Sh. 963 million during a similar period last year. Net interest earnings went down by 46 per cent to Sh. 2.94 billion in 2017 in...

I make Sh. 86,000 from dairy farming but my target is over Sh. 100,000

BY PHARES MUTEMBEI Nicholas Kirimi used to be one of key photographers in Meru County during the former regime. But when a change of guard happened this year, the photography door closed. He had to find a new way to...

How to earn the most from your layers

BY DR JOHN MUCHBI A farmer needs to understand flock production capabilities, how to budget for feeds for layers up until the point of lay, when to expect the first eggs, factors that may influence onset of lay, when to...

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...

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