Bizna Reporter

Ethiopian Airlines signs deal for Sh. 780 billion brand new largest airport in Africa

The Ethiopian Airlines has made another step towards the building of an airport that will be the largest airport in Africa upon completion. The airline, which is also the largest airline in Africa, has signed a deal for the...

Stanbic announces Sh. 7.2 billion half year net profit, to pay Sh. 1.84 interim dividend

The Stanbic Bank Kenya has announced a marginal 2.3 per cent profit increase to Sh. 7.21 billion for the first six months of 2024. During the period under review, customer deposits increased by 39 per cent to Sh. 320 billion....

Troubled Home Afrika’s subsidiary Mitini Scapes goes into administration

Financially troubled real estate company Home Afrika's subsidiary has gone into administration. Mitini Scapes Development Limited has gone into administration with Messrs Kamal Anantroy Bhatt and Dhir Kamal Bhatt of Anant Bhatt LLP appointed as the new administrators of...

I’m newly employed at age 45 in Nairobi; how do I budget my Sh45,000 salary?

I am 45. I am working in Nairobi. I am married, with 4 kids, 2 in high school. I am newly employed and I haven’t earned my first salary yet. I have worked and lived in Nairobi for a...

CBK announces new changes to all Kenyan banknotes starting with Sh. 1,000 notes

The Central Bank of Kenya has announced new changes to all Kenyan banknotes. The changes are aimed at enhancing the security of Kenyan banknotes, the CBK has stated. According to the CBK, the new changes will affect the Sh. 50,...

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...

About Me

5939 POSTS
0 COMMENTS

Latest News

From Harambee dreams to global bets: Kenyan-born stars shake world cup betting lines

In every World Cup, billions of dreams travel with the football on its global journey. This summer, so are...