Sunday, March 15, 2026
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Bizna Reporter

Debts, KRA tax demands, lack of funding brought Mobius Motors down

After thirteen years, local automaker Mobius Motors has announced that it is going into liquidation. This follows a culmination of struggles that have ranged from debts, tax battles and low funding. "At a meeting of shareholders that was held on...

Rigathi Gachagua buys Sh. 3.5 billion Treetops and Outspan hotels in Nyeri

Deputy President Rigathi Gachagua is the new owner of the Treetops and Outspan hotels in Nyeri County. According to a report on the purchase that appeared in a publication by the Nation Media Group, Gachagua and his family have...

Standard Media shuts down KTN News days after notice to fire 300 employees

The Standard Media Group has reportedly shut down one of its main television channels, KTN News. According to reports, KTN News which has been operating away from KTN Home stopped broadcasting from July 5, 2024. KTN News mainly featured news,...

Wall Street, Bitcoin and global markets fall heavily over fears of US recession

Major Wall Street indexes on Monday have tumbled as fears of a US recession intensified. The drop came amidst a global market selloff that also affected markets in Europe and Asia. According to a report that appeared on the BBC,...

I earn Sh36,000 net salary; how do I pay loans, build a home, support jobless wife?

I live in Naivasha. I am 28 years old with a net salary of about Sh. 36,000. I am newly married on a come-we-stay customary basis and I am contemplating relocating to a more spacious one bedroom self contained...

Hassan Joho: I pulled myself from D- in KCSE to 2 degrees, Sh. 2.3 billion wealth

Former Governor of Mombasa Ali Hassan Joho has disclosed that he is worth Sh. 2.36 billion. Joho made the disclosure when he appeared to be vetted for the position of Cabinet Secretary for Mining, Blue Economy and Maritime Affairs...

Nation Media Group makes Sh. 260.2 million loss after tax in 6 months

The Nation Media Group (NMG) has announced a loss after tax of Sh. 260.2 million for the six months to June 30, 2024. The media house has attributed the poor performance to what it has termed as a depressed...

Hersi: Stop treating JKIA like a rathole. It’s not desperate for Adani’s nonstarter deal

The controversial proposed deal by Indian firm Adani Airport Holdings to take over the Jomo Kenyatta International Airport for a period of thirty years continues to generate heat amongst Kenyans. The deal, which was single-sourced has been widely criticized. In...

Unlicensed matatus ‘owned’ by son of senior State boss wrecking havoc in Nairobi

Two unlicensed matatus that are allegedly owned by the son of a senior government boss are wrecking traffic and business havoc within Nairobi. The matatus that mainly operate from the Nairobi Railways matatu stage have stirred anger amongst other...

I’m a farmer worth Sh. 31 million; I don’t even have a car – Eric Muuga

Eric Muuga, the Water, Irrigation and Sanitation Cabinet Secretary nominee, has revealed that he is worth Sh. 31 million and does not own a vehicle. He said that he has built up his wealth from farming and land ventures. "I...

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Kinyanjui Kombani Pens a Love Letter to Legacy in New Book, Dear Mama

Kenyan writer and banker Kinyanjui Kombani has published a deeply personal new book, Dear Mama—a work that reads less...
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