Monday, February 2, 2026
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Bizna Reporter

Nairobi lawyer to earn Sh. 264 million for 5 cases

A Nairobi lawyer will be smiling all the way to the bank. This is after a High Court awarded him Sh. 264 million in legal fees for five cases. Professor Tom Ojienda, was awarded the fees from a series of...

Equity Bank’s net profit falls 3pc in nine months

Equity Bank has posted a 3 per cent net profit dip in its third quarter. On Monday Equity Bank reported the drop to Sh. 14.6 billion in third quarter after tax profit as its interest income fell 11 per cent to...

Nakumatt files for bankruptcy, shuts down Nyanza branch

Emerging reports indicate that troubled retailer Nakumatt Supermarket has filed for bankruptcy. According to a report appearing in The Standard newspaper, Nakumatt on Monday filed for bankruptcy and proposed that Peter Kahi of PKF Consulting Limited should be appointed as...

Bob Collymore takes sick leave, to receive treatment for ‘months’

Safaricom chief executive officer Bob Collymore has taken a sick leave. According to a statement from the telecommunications giant, Mr. Collymore will be away from the helm for a number of months undergoing treatment. “On behalf of the board, management...

WhatsApp introduces ‘unsend, delete’ tool for wrongly sent messages

WhatsApp has easily become the most widely-used app on Google's Play Store as well as iOS' App Store. The application boasts over a billion downloads on Play Store alone.The company also released a few statistics claiming around 1 billion...

How much it’ll cost you to import a vehicle in Kenya

BY ERIC WOKABI / CAR IN MIND To import any commodity into Kenya, an importer will have to enlist the services of a clearing agent who will process the import documentation through Kenya Customs electronically on the Simba 2005 system...

KCB to lend Sh. 10.4 billion to small businesses

KCB has received a $100 million (about Sh. 10.37 billion) loan from the African Development Bank (AfDB) for onward lending to small and medium sized enterprises (SMEs) in the region. The Abidjan-based multilateral development bank noted the credit will contribute...

Kenyan billionaire in court for stealing two phones

A Kenyan billionaire and owner of the TAJ Mall which is situated in Embakasi has found himself in hot soup. This is after he was accused of stealing two mobile phones valued at Sh. 55,520. Mr. Ramesh Chandara Govind is accused of...

Customers owe Kenya Power Sh. 3.2 billion in unpaid power bills

Customers of Kenya Power owe the firm Sh. 3.2 billion in unpaid bills. This is according to Kenya Power's managing director Ken Tarus. He notes that the bigger amount in this outstanding bills' debt is owed by large consumers who include...

Asia overtakes US in billionaire numbers

The world’s wealthiest individuals are on a roll, with billionaires in Asia leading the pack. Billionaire wealth increased 17 per cent to $6 trillion (Sh618 trillion) in 2016, after a decline the previous year, UBS AG and PricewaterhouseCoopers said...

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