Bizna Reporter

Shock as NHIF now downgrades medical cover

THE STANDARD Families are staring at huge medical bills as the National Hospital Insurance Fund (NHIF) rolls out downgraded health cover. The cover will now pay for only four outpatient hospital visits in a year. In what is turning out to...

What it really means to be declared bankrupt

BY ANTHONY NGATIA When faced with overwhelming debts obligations, some people turn to courts of law to file for bankruptcy. They compel the courts to declare them bankrupt and insolvent, meaning that they no longer have capacity to clear their...

How I started my multi-million skin care business

BY BONFACE OTIENO / BUSINESS DAILY When Peris Mbuthia returned home in 2014 after years of study and work abroad, a number of business ideas crisscrossed her mind. She had worked as a medical aesthetician in Canada after graduating in the...

Cost of living falls to 17 month-low

The cost of living for the month of October eased to 5.72 percent compared to 7.06 percent in September. This is the lowest level the cost of living index has hit since June 2016 when it was captured at 5.8...

Patricia Okello: What I know about creating wealth

Patricia Okello is the founder of Conferencing In A Box Limited, a corporate events logistics company and Willart Production Limited which specializes in brand development. She is also the co-author of A Candid Handbook for Women Doing Business in...

Save easily with Co-op Kwa Jirani

Although saving an take many forms including investments, beginners in saving will often prefer to save their cash through banks. While there are those who will walk straight into a bank and make a heavy deposit, many customers in the...

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...

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Ochieng: I started furniture business with Sh7k, now I make up to Sh10k daily

Every successful business begins with a single opportunity. For William Ochieng, that opportunity came with little more than determination,...