Bizna Reporter

Auctioneers seize Nakumatt assets over Sh. 52mn unpaid rent

Troubles at Nakumatt Supermarkets are not ending any time soon. This is after a fresh volcano burst out. It is now emerging that the retailer is facing the threat of auctioneers over unpaid rent at its Thika Road Mall...

The bull that sold for Sh. 600,000

Weighing in at 1,050kg, a bull heavier than a buffalo was auctioned for Sh. 600,000, equivalent to the price of a Probox car. However, if slaughtered in the farm, the bull could fetch Sh. 1 million. The ‘charolais’ bull was...

All you need to know about NHIF

There is no doubt that an unexpected illness could end up draining your resources as your cover your own medical expenditure. However, with the NHIF insurance card, you may not need to call for a harambee or sell your...

Mombasa businessman gets Sh. 9.9 billion compensation

A Mombasa-based businessman has received Sh. 9.9 billion as compensation. The billions were awarded by the High Court to Afzalkhan Rahimkhan and his family for wrongful acquisition of their 328.5 acre piece of land in Diani, Kwale County. Mombasa High Court judge Eric...

Chris Kirubi’s tips to succeeding after campus

In his weekly forum, Ask Kirubi, on Capital FM, billionaire industrialist Chris Kirubi has shared steps that you can take to ensure that your life after campus is a success. Below, we have adapted his words: "Every year our varsities...

Kenyan banks’ Pesalink misses out on M-Akiba bond cash

The money transfer service owned by a conglomerate of Kenyan banks has missed out on the lucrative M-Akiba bond cash. This is after delays put a plan to have the system included in the mobile-based bond on hold. According to a...

Ex-Chase Bank boss charged with Sh. 1.7 billion theft

The former Chase Bank chairman Mohammed Zafrullah Khan was on Wednesday charged with conspiring to defraud the bank of Sh. 1.7 billion. The formed chief at Chase Bank was also charged with several counts of stealing from Chase Bank and...

Uhuru: Sh. 15 billion brewery to be set up in Kisumu, create 110,000 jobs

President Uhuru Kenyatta has announced plan to have a Sh. 15 billion new brewery set up in Kisumu. The president said that the new brewery, which will be set up by the East Africa Breweries (EABL) will create an...

How to earn more cash, bonuses with Bet9ja

Many local sports gaming fans have for a long time been constrained under the local betting channels. This is set to change with the entry of a new betting firm. While the new betting firm known as Bet9ja may...

Ex-Chase Bank chairman spends night in cell over fraud

Detectives from Banking Fraud Unit on Tuesday night arrested former Chase Bank chairman Mohamed Zafrullah Khan. He is among seven senior bank managers whom the Director of Public Prosecutions directed should be prosecuted over collapse of the bank. He spent the...

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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,...