Bizna Reporter

Equity Bank gives Sh. 57 billion loans on Equitel

Equity Bank has seen a rise in the amount of loans that has been borrowed through its mobile phone platform, Equitel. The bank has loan out Sh. 57 billion through Equitel since launching the product in 2014. Currently the bank is...

JKUAT to make Sh. 207 million in mandatory sale of its laptops to students

Jomo Kenyatta University of Agriculture and Technology is set to make Sh. 207 million from the mandatory sale of its laptops to its students. The university has reportedly made it mandatory for the 4,994 students joining its campus to buy its...

KCB to auction 119 loan defaulters’ vehicles

The Kenya Commercial Bank (KCB) is set to auction 119 vehicles belonging to loan defaulters. This is in a move that is expected to fetch the bank over Sh. 304.4 million. Nearly all the vehicles being auctioned by KCB are trucks,...

Photos of the new, improved Kenyan-made Mobius car

The photos of the new Mobius II car model which is made in Kenya have been released. The new car has improved and interesting features compared to the first installment of the vehicle. The new model's features include a power steering,...

Supreme Court nullifies Uhuru’s win, orders run off

The Supreme Court of Kenya has nullified the 2017 presidential election. In a majority ruling read by the Chief Justice David Maraga, the court ordered that the presidential election be repeated. In the ruling, Judges Jackton Ojwang and Njoki Ndungu dissented. According to...

Ekwe Ethuro to get millions, free cars, bodyguards, workers, insurance

Taxpayers in Kenya are set to shoulder the burden of a heavy send off package and monthly pension payments for immediate former Senate Speaker Ekwe Ethuro. Ethuro will earn a send off package amounting to Sh.17 million. He will also...

E-Passports availed: Here’s how and where to get them

The government has unveiled e-passports which will replace the current manual travel documents. The new e-passports will bear the East African Community tag beside the Kenya government tag. They will have an electronic chip holding the same information as the...

Airtel Kenya made Sh. 8.1 billion loss in 2016

A new financial report has for the first time revealed the financial position of local telecoms firm, Airtel Kenya. According to the report, Airtel made a loss after tax of Sh.8.1 billion following debts that run up to Sh. 45...

Why Nakumatt should die and get buried fast

BY JOHN LOGGARD Having been a Nakumatt shopper from the early 1990s, it saddens me to see the state of the retailer today, and I hope something could be done to rescue it. Yet, from the experience of what has been...

DStv slashes monthly subscription prices

Pay Tv provider MultiChoice who own DStv have slashed the prices for their monthly subscriptions. The monthly bouquet prices have fallen by between three and nine per cent in response to customer needs in an industry that has become highly competitive. Subscribers...

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