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Bizna Reporter

Safaricom lost Sh. 2.6bn transactions in network outage, faces punishment

Safaricom may be fined up to 0.1 per cent of its gross annual turnover for poor quality of service after its network failed yesterday. The network outage began at about 9.40 a.m. and persisted till 4.30 p.m. and the cause was...

How Co-op Bank’s vehicle financing has come as a relief to business owners

In mid March, Co-operative Bank launched a fresh deal that would see small and medium business people access loans to acquire commercial vehicles at affordable rates. This had followed a deal between Co-op Bank and General Motors East africa (GMEA)....

How scrap metal gives me Sh. 50,000 per month

BY BUSINESS DAILY With a combination of welding and artistic skills, David Gachanja has found a way to not only make money out of scrap metals, but also gain satisfaction in realising his dream. As a boy, Gachanja nostalgically narrates how...

Kiprono Kittony: why Kenya’s trade chamber is ripe for state funding

Kiprono Kittony is the chairman of the Kenya National Chamber of Commerce and Industry (KNCCI). As a membership based organisation, the Kenya National Chamber of Commerce and Industry primarily depends on annual dues from its members to finance its day...

6 steps to opening a butchery in Kenya

BY ELLY GITAU  1. Capital Like with any other business, you’ll need some money to set up a butchery. According to Paul Mwangi, the owner and proprietor of Kwality Hotel & Butchery, for a basic outlet, you will need a minimum...

2 Tanzanian billionaires spend Ksh. 700 million on Co-op Bank, Kenol shares

Tanzanian billionaires Aunali and Sajjad Rajabali have bought 30.2 million shares Kenol Kobil. The shares, equal to a 2.06 per cent stake are worth an estimated Sh. 378 million. The billionaires are now ranked as the 9th biggest shareholders in Kenol...

Highest paid employees in Kenya

Bankers and insurers have been ranked as the highest paid employees in Kenya. They are followed by employees at water supply, sewerage and waste management firms According to the Economic Survey 2017 released Wednesday shows that State-employed workers offering financial and...

My business made Sh. 80 in first sale, today it makes millions

BY MONA OMBOGO / THE STANDARD Danson Muchemi is the co-founder and chief executive officer of the multi-million-shilling company, Jambopay. Fast becoming a household name in East Africa, Jambopay is an electronic payment service provider that gives businesses, governments and...

Kenya Homes Expo to kick off next week at KICC

The 25th edition of the Kenya Homes Expo will open its doors to the public next Thursday at the Kenyatta International Convention Centre, Nairobi. The Expo will be officially opened on Thursday 27th April by James Macharia, Cabinet Secretary in the...

I make Sh. 500,000 from fruit farm I started with zero capital

Jehoshaphat Yegon picks a fruit that looks like an apple from one of the trees on his farm and examines it. “It is almost ripe, I must harvest them immediately lest they start cracking,” says the farmer, who grows the...

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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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