Bizna Reporter

138 drivers get loans to buy own cars

138 Uber drivers have received loans from a local bank to acquire cars. The drivers have been getting the car loans from Sidian Bank - formerly known as KRep Bank. The bank says since June 2016, it has been advancing loans...

CBA becomes Kenya’s first bank to make profit after interest rate cap

Commercial Bank of Africa has become the first lender in the country to return a profit growth in the six month period ended June this year. This is after the bank posted a 14 per cent profit growth. The profit...

KPMG to employ 107 young Kenyans

Accounting firm KPMG is set to 107 Kenyan graduate trainees. An additional 43 recruits are set to join KPMG Uganda, Rwanda and Tanzania divisions. KPMG’s new hires comprise of 150 graduates that are set to undergo specialised training in audit, tax...

KQ gets licence to fly directly to US

Kenya Airways received a major boost on Friday after it acquired a permit that will enable it to fly directly to the US. According to an order issued by the Department of Transportation, the permit became effective on September 5. The...

Nakumatt shuts yet another branch in Nairobi

Nakumatt Supermarket has closed yet another branch in Nairobi. The troubled retailer has shut down its Nakumatt NextGen branch which is situated along Mombasa Road. Nakumatt announced the closure in a notice that was pinned outside the closed supermarket. The closed...

New digital driving licences to cost more

The new digital driving licences will cost motorists more. The new licences are scheduled to come into operation from October 1. According to the National Transport and Safety Authority (NTSA), the renewal for a three year driving licence will now cost...

Why thousands will miss September salaries

Thousands of Kenyan workers are set to miss their September salaries. This is after the Kenya Revenue Authority (KRA) de-activated more than 95,000 VAT non-compliant their Personal Identification Numbers (PINs). The monthly Pay As You Earn (PAYE) deductions can only be credited to...

CBD building to go for sale at Sh. 460 million

A city building block that sits on 0.3 acres is set to go for sale at a price of Sh. 460 million. The property is being sold by listed financial services group Sanlam Kenya Plc. This is after the seller...

Know quantity of feeds your dairy cow needs to thrive

Feed intake is the key factor in maintaining high milk production. Maximum milk production is not determined by feeding the cow a lot, it is by feeding the cow quality mixed ration in just right quantities and these rations are...

M-Pesa to go off for 13 hours this weekend

M-Pesa services will this weekend be switched off to pave way for a system upgrade. According to Safaricom, the systems upgrade will commence on Saturday at 10pm and end on Sunday at 11am. "Safaricom has put in place measures to ensure...

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Ochieng: I started furniture business with Sh7k, now I make up to Sh10k daily

Every successful business begins with a single opportunity. For William Ochieng, that opportunity came with little more than determination,...