Bizna Reporter

List of banks looking to buyout Chase Bank

France's Societe Generale and Mauritius-based SBM Holdings have joined the list of banks looking to buy out troubled Chase Bank. The other two banks in the race are KCB, I&M Bank, Stanbic, and South Africa’s First Rand. The Central Bank of Kenya (CBK) placed Chase...

Welcome to my poultry farm where I keep 3,000 chickens

BY MERCY KAHENDA At her home in Rhonda — an informal settlement in Nakuru town - Mary Njeri has set up an extraordinary farming unit christened Mary Poultry Farm. On this small plot where she has rented a number of structures...

How to avoid conmen when buying a house

  Many people have been conned by fraudsters who take advantage of the competitive rental house market to target desperate, gullible would-be clients. Usually, they try  to rush deals, giving potential clients little time to counter-check any of the information...

Cheap EPZ designer clothes back on sale at KICC again

The sale of designer clothes made for export at the Export Processing Zone (EPZ) is set to return this weekend. The sale, which is expected to help Kenyans get designer clothes on the cheap, will return to Nairobi after it...

Co-op Bank leads local banks in giving loans to Kenyans

Co-operative Bank emerged as the local top bank in availing credit facilities to Kenyans by the end of March this year. This is after the bank posted a 15 per cent growth in its loan book which was the highest...

Should you buy a salvaged car?

Although accident damaged vehicles need repair before they get back on the road, an accident damaged vehicle can be a cheaper alternative when buying a car. How bad was the accident? Figuring out the magnitude of the accident will help...

Sh. 230bn Mombasa-Nairobi road upgrade into dual carriageway set for next year

The upgrading of the Mombasa-Nairobi highway into a dual carriageway is set to kick off next year. The upgrading of the highway has been estimated to cost Sh. 230 billion. According to Kenya National Highways Authority (KeNHA) director-general Peter Mundinia, talks with...

4 ways to handle money in your business

The make or break point for entrepreneurs is in how they handle money in business. And while many will take varying financial steps, there are prerequisite ways of handling money that the most successful entrepreneurs follow to ensure that...

M-Akiba cash limit to be expanded

The National Treasury is set to expand the cash limit for the M-Akiba bond in its second offer. The Sh. 4.85 billion second offer will be launched this month. According to reports, investors will be able to exceed that daily limit when...

Sh. 1.2 billion Foton car assembly in Nairobi to be auctioned

Foton East Africa’s Nairobi car assembly plant is set to be auctioned to repay debts. The assembly is estimated to be worth around Sh. 1.2 billion. A public auction notice has invited bids for the 10 acres on which Foton’s...

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Inside East Africa’s 2025 trade boom: Key takeaways from the NCBA forum

NCBA convened diplomatic trade commissioners and ambassadors from over 20 countries and missions, alongside development partners and investors, for a...