Bizna Reporter

Forum on making money on NSE to be held this Sunday

The Young Nairobi Stock Exchange Investors (YNSE) Group will be holding its quarterly investment meeting this Sunday. This is one of the key investment meetings the group has been holding. The group was founded on Facebook as a forum for...

Why I can’t invest with Cytonn

Cytonn are creating a cult-like following of the naives who believe in everything dished to them and have little time to look at the questionable story that's Cytonn's "Success Story." In as much as I appreciate Dande and his team...

Amount of money Nakumatt owes Uhuru’s firm

The Kenyatta family owned Brookside Dairy is one of the companies owed billions by troubled retailer Nakumatt Supermarket. In a court filing, Nakumatt has been revealed to be owing Brookside Sh. 457 million. “Take notice that Brookside Dairy Limited, a creditor...

Shock as Sh. 730 million ‘Everest Park’ apartments develop cracks

Sh. 730 million housing apartments situated in Athi River have developed cracks shortly after their construction. The building’s window frames on the canopy are deflated and the window panels are broken. There are also massive cracks from the foundation to the...

From car washer to fuel station owner

BY LYNET IGADWAH / NMG When John Maina Kinywa started work at Total Kenya in 2000 as a car washer, it never crossed his mind that one day he would run an entire petrol station. He had just cleared high school...

Ex-Home Afrika boss seeking Sh. 7 million compensation fee

Former Home Afrika boss Njoroge Ng'ang'a is seeking an amount estimated to stand at sh. 7 million following the termination of his contract in 2015. “The group is in receipt of certain claims for damages and other remuneration from former...

Tuskys takes over Nakumatt

Tuskys Supermarkets is set to take over Nakumatt in a merger deal that is aimed at reviving the troubled retailer. Reports reaching biznakenya.com say that Nakumatt, will now access stock from suppliers using Tuskys supermarkets’ goodwill and value chain. Tuskys will provide...

Co-op Bank gives Sh. 8.7 billion loans via mobile phones

Co-operative Bank has seen a rise in the amount of loans it has been giving out through its mobile phone lending platform. In the period ended June 2017, Co-operative Bank saw its mobile loans hit Sh. 8.7 billion. This reflected a...

I started with one cow, now I earn millions from my dairy farm

BY KIHIU IRIMU / NMG Kefa Farm sits on 1.5 acres. It is the source of 1,400 litres of milk daily. It has 64 zero–grazed cows each of which produces between 40 and 50 litres daily. It has gained reputation as a...

Cytonn to list on NSE

Cytonn Investments is planning to list on the Nairobi Securities Exchange. The investment firm is eyeing a position on the NSE's Growth and Enterprise Market Segment (GEMS). This was revealed through an advertisement on Friday, in which Cytonn called for...

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