Bizna Reporter

Nakumatt closes another major Nairobi branch

Troubled retailer Nakumatt Supermarket has closed yet another branch in Nairobi as its cash troubles spiral out of control. Nakumatt closed its Junction branch in Nairobi from Sunday October 1. In a public notice released Sunday, the cash-strapped retailer said it...

Features of Sh. 20 billion towers Cytonn wants to build in Kilimani

Investment firm Cytonn has announced plans to build a triplex complex in Kilimani area. The tallest building in the complex will have 35 floors. It will be located at the junction of Elgeyo Marakwet and Argwings Kodhek Roads and will sit...

GoTv launches new Sh. 1,200 ‘premium’ package

Pay Tv provider MultiChoice has unveiled a new package under its GOtv product. Viewers will now have the choice of accessing the new package that has been dubbed ‘GOTv Max’. The new package will be positioned above GOtv Plus and...

8 ways to get rich easily and quickly

1. Automate your finances. If your financial plan isn't on auto-pilot, change that immediately, encourages self-made millionaire David Bach. Automating your finances — sending your money automatically to investment accounts, savings accounts, and creditors — allows you to build wealth effortlessly. It's "the...

CA: Safaricom did not manipulate election results

The Communications Authority has come out to defend Safaricom against allegations of electoral manipulation. This follows claims made by opposition leader Raila Odinga yesterday that Safaricom had deliberately manipulated election results by delaying their transmission. In a press statement, CA...

Barclays Kenya adopts new accounting rule

Barclays Bank of Kenya has set the pace by becoming the first local bank to adopt the new accounting law dubbed the International Financial Reporting Standard 9. The new accounting guidelines under the International Financial Reporting Standard (IFRS) 9 will...

5 easy steps to profitable vegetable farming

BY GRACE MUREITHI To avoid catastrophic failure, get everything right from planting to maintainance, harvesting and marketing Horticulture is undoubtedly one of the surest ways of turning fortunes in Kenya. Many self-made millionaires in agribusiness owe their success to horticulture. There...

5 things drivers don’t know about brake system

When it comes to a common car owner, brakes system is not usually what they pay much attention to. The reasons for is very basic, but important. When brakes start exhibiting the symptoms of bad health, we fail to recognize them....

Millions of Kenyans can’t save as little as Sh. 100 from their pay

Most Kenyans are living from paycheque to paycheque, barely able to save as little as Sh100 from their monthly earnings. Finance Cabinet Secretary Henry Rotich in a past interview has expressed his apprehension about the lack of saving culture among Kenyans,...

With Sh. 20,000, I started my thriving business

BY MWANGI MUIRURI / BD David Ng’ang’a, 33, insists that Kenya has no employment crisis; only a thinking crisis among the jobless youth. Ng’ang’a, from Murang’a County, runs a fried pork venture that guarantees him at least Sh1,500 daily net income...

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Safaricom doubles Home Fibre speeds to power smart living customers to enjoy faster internet at no extra cost across all plans

Safaricom doubles Home Fibre speeds Safaricom has announced an upgrade to its Home Fibre offering, increasing internet speeds by up...