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Bizna Reporter

Stanchart starts video banking services

Standard Chartered Bank has launched video banking services. This comes as the bank ups its gear in migrating to digital banking. The bank is expecting to fully replace the traditional across-the-counter service offered by bank tellers with video banking over...

How Kenyans in diaspora can invest with Co-op Bank

There is no doubt that while the job deficit in Kenya continues to widen, many Kenyans have spread out overseas in search of jobs and better pay. From the job markets in the middle East to Europe and the US, Kenyans...

Sh. 350 daily insurance packages for matatus to be introduced

LGT Insurance Agency — the insurance brokerage arm of the local private equity fund Lions of Good Times (LGT), has announced that it will be introducing daily insurance packages for matatus. “It is very difficult for them (matatu operators) to...

Safaricom’s largest shareholder to sell stake at Sh. 266 billion

Safaricom's largest shareholder, Vodafone, is set to sell 35 per cent of its stake for Sh. 266 billion. The company, which owns a 40 per cent stake in Safaricom, will sell the stake to its South African subsidiary Vodacom. It will retain...

Wananchi Group to send employees home

The Wananchi Group has issued a letter to all its employees indicating that it will be sending an unspecified number of staff home. Wananchi Group is the parent firm of Zuku. According to the letter obtained by Bizna Kenya, the employees...

NBK lost Sh. 300 million to fraudulent employees, cyber attacks

The National Bank of Kenya has revealed that it lost about Sh. 300 million to theft by employees and cyber attacks from hackers. “Operational losses including fraud losses (were) recorded at 3.0 per cent of total revenue made in 2016,"...

The key to investing successfully on the NSE

BY ODHIAMBO RAMOGI Warren Buffet, the world’s second richest man, was 40 years old in 1970. He had graduated from Columbia University and gone to New York to learn about investments. He worked in several firms before starting his own — Buffet...

2016 Mercedes Maybach review and photos

The Mercedes-Maybach S600 (there's no "Benz" in the name, officially) stays under the Mercedes brand umbrella and is related to the current generation S-Class, but its purpose is still to take on Rolls-Royce and Bentley for the world's best...

Sh. 1 billion fertilizer plant to be set up in Nakuru

A Sh. 1 billion fertilizer granulation plant is will be set up in Nakuru. This is after the Fertiplant East Africa Limited received a Sh. 1 billion investment from the International Finance Corporation. The plant is expected to have an annual capacity...

Smart money moves by Kenya’s billionaires

Entrepreneurship and money are like a game of chess, riddled with traps and opportunities. Your success in the game largely depends on how you make your move: a smart move could break you even while a rookie move could...

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Username sacco rolls out electric Boda Boda & Tuk-Tuk express loan for Kenyan youth

Username Sacco has today unveiled its Boda Boda & Tuk-Tuk Express Loan, a revolutionary financing solution designed to offer...
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