Bizna Reporter

Sameer sends 227 employees home

Sameer Africa has sacked 227 employees. This follows the closing of Yana factory in Nairobi. Sameer, which is owned by billionaire Naushad Merali spent Sh. 293 million in staff redundancy costs, working out at a simple average payoff of just over Sh. 1...

5 top house styles in Kenya

Whether remodeling, adding on, or just giving your home some extra curb appeal, knowing the style of your house can help you develop a successful plan. You'll also gain a greater appreciation of the way your house was designed...

How to spot money-making opportunities

Sometimes during our career journey, we may feel “stuck” in a particular role or wonder why others seem to move forward at a faster clip while we remain in place. The truth is that opportunities don’t just fall into...

Volvo to set up Sh. 2.5 billion truck assembly plant in Kenya

Volvo Group is set to invest Sh. 2.5 billion in a truck assembly plant in Kenya. The locally assembled trucks will be rolled out in 2018. Volvo Trucks’ local dealership partner, Necst Motors, will provide the capital for the establishment of...

Billionaire Chris Kirubi: my 9 key steps to success

(1) One of the ways I believe you can find meaning of your life is by creating a strategy that you can use through your journey. You need to keep the purpose of your life, front and center...

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...

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2025 Hedera Africa Hackathon announces winners, officially becomes the largest Web3 hackathon globally

The Hashgraph Association (THA), the Swiss-based non-profit advancing digital enablement, innovation, and education across the Hedera ecosystem, together with...