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Bizna Reporter

See Chris Kirubi’s new Sh. 43 million car that can go over 320kph

Billionaire industrialist Chris Kirubi has added a new super expensive toy to his collection of cars. Mr. Kirubi is the new owner of a customized Bentley Bentayga W12 Signature. The sports utility vehicle is worth $368,299 which is equivalent to Sh....

Billionaire Peter Munga’s Sh. 400 million estate to be auctioned over debt

Billionaire businessman Peter Munga’s Sh. 400 million estate has been put for auction over an unpaid debt. Galaxy Auctioneers, in a notice published in the local dailies, invited those interested in buying Mr Munga’s five units of four-bedroom maisonettes in...

Ethiopia named fastest growing country in Sub-Saharan Africa

Ethiopia, whose economy recently overtook Kenya’s, is now the fastest-growing economy in sub-Saharan Africa, according to a new World Bank report. This means Ethiopia’s economy will further stretch its lead on Kenya’s even as the latter grapples with economic headwinds,...

We want to takeover Nakumatt, confirms Tuskys

Tuskys Supermarket has confirmed that it is planning to takeover troubled retailer Nakumatt. Subequently, Tuskys has written has written to the competition watchdog. Nakumatt is currently facing imminent collapse following a ballooning debt that runs into billions of money. Dan Githua, Tuskys’...

Prison didn’t stop me from starting my business – 25-year-old

BY WINNIE ATIENO / BUSINESS DAILY At 17, Kenneth Opondo was serving a six- month sentence at Kodiaga Prison in Kisumu. This is after he was caught circulating fake money at an M-Pesa outlet where he was employed. He was...

Morocco to test 320kph ‘fastest train in Africa’

Engineers in Morocco are preparing to test Africa’s first high-speed railway this week with trains reaching 320 kilometers (200 miles) per hour, the country’s rail office said Monday. One train reached 275 kph (170 mph) on Monday along a stretch...

Nakumatt closes 2 more branches, more to be shut down

Troubles keep piling on once glorified retailer Nakumatt Supermarket. The retailer has now shut down two more branches. It closed down its Bamburi branch in Mombasa and the Lunga Lunga outlet in Nairobi’s Industrial Area. The branches are the latest in a...

Raila: Why contributors won’t get refund from NASA paybill

Opposition leader Raila Odinga has said that Kenyans who supported his presidential campaign through the NASA pay bill number will not get any refund following his decision to withdraw from the presidential repeat vote. Mr. Odinga, who was speaking on...

Kenyans unable to repay bank loans

Today, at least 135 vehicles bought recently through bank loans, and whose owners have been unable to repay the debt, will start their journey to new owners. Advertisements from two banks in local dailies last week asked Kenyans to send...

Meet 26-year-old youngest self-made billionaire in the world

An entrepreneur from Ireland has been named the youngest self-made billionaire in the world. John Collison who is the co-founder and President of Stripe, the company that lets businesses and individuals easily accept payments over the internet is just 26-year-old, two...

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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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