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Bizna Reporter

Local airline to launch direct Mombasa-Kisumu flights

A local airline has announced plans to launch direct Kisumu-Mombasa flights. Silverstone Airlines announced that the direct flights will take place from November. The airline Tuesday launched commercial flights from Nairobi to Kisumu and Ukunda, having previously operated as a charter-only...

Raila withdraws from Oct. 26 presidential election

NASA leader Raila Odinga has withdrawn from the October 26 presidential election. The NASA leader announced this move on Tuesday afternoon at the Okoa Kenya offices in Nairobi. Mr. Odinga had announced that he would not take part in the upcoming...

Kittony: interest rates cap doing more harm than good

BY KIPRONO KITTONY Despite the great intention behind the Banking Amendment Act 2016, it is yet to achieve its intended objective one year down the line. The Act, which caps commercial bank lending rates at four per cent above the Central...

Former billionaire Cyrus Jirongo declared bankrupt

BY BUSINESS DAILY Former Lugari MP Cyrus Jirongo has been declared bankrupt after the court found him unable to service his debts. High Court judge Olga Sewe found that Mr Jirongo was unable to pay Sh700 million he owed eight companies. This...

List of all services you can get at a Co-op Kwa Jirani agent

In 2011, Co-op Bank launched agency banking dubbed Co-op Kwa Jirani to enable Kenyans access banking services at their neighbourhoods. "Our agency banking is designed to give majority of Kenyans who reside in remote and unbanked areas access to banking...

Cytonn denies Alma project has construction defects

Real estate firm Cytonn Investments was last week engaged in a back and forth game of accusations and denials with popular blogger Robert Alai over its Alma project at Karen. It all started when the blogger published a post claiming...

List of 10 highest paid African presidents

Last week, Tanzania' president John Magufuli revealed that he earns Sh. 400,000 per month. In Africa, Mr Magufuli’s pay is less than a tenth of that of his Cameroonian counterpart and just about a quarter that of Kenya’s President Uhuru...

7 driving tactics that save fuel in big or small cars

Any car including a 1000cc Toyota Passo or Suzuki Alto can dent your saving plan if driven in a not-so-friendly way Amusingly, a 2500cc non-turbo Subaru legacy can consume a relatively low amount of fuel if driven well. It all...

How and why Centum pays its employees millions in bonuses

Centum Investment is one of the few firms that offer its employees millions in bonuses. The firm's CEO James Mworia recently explained to the Kenyan business newspaper, Business Daily, on why and how its employees take home millions in bonues. Below...

Photos: Millions lost as fire razes down Gikomba market

Fire has razed down Gikomba market in Nairobi. The Friday morning inferno destroyed property worth millions but efforts are ongoing to contain the situation. In 2015, an estimated 10,000 traders in the popular market lost goods worth millions of shillings...

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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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