Bizna Reporter

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...

6 ways I built my business and wealth

Charles Mwangi is the General Manager at Petanns Group of Companies which include Petanns Driving School, Tours and Travel, and Insurance Agency. Milestone: Although the company has broken even today, this was not the case when we started it in...

Urithi to build 300 houses in Joska

Property developer Urithi housing has announced that it is set to construct 300 houses in Joska area which is situated along the Nairobi-Tala Kangundo road. The project dubbed Osten Terrace Gardens will comprise 216 two-bedroom units on Block type A, with 18...

Weetabix sold to US company for Ksh. 186.2 billion

China's second-largest food company Bright Food Group has agreed to sell British-based breakfast cereal maker Weetabix to US company Post Holdings in a deal worth Sh186.2 billion ($1.8 billion), Bloomberg News said Tuesday. State-owned Bright Food bought a 60 per...

Africa’s richest man Dangote to become world’s largest rice exporter

Africa's richest man Aliko Dangote is poised to become the world's largest exporter of rice over the next four years. According to African Development Bank (AfDB) President Akinwumi Adesina, Dangote started his rice exporting business by investing a billion dollars...

Nairobi to have separate bus lanes to ease jam

Nairobi may have separated bus lanes in a new effort aimed at easing traffic gridlocks in the city. This is after the newly created Nairobi Metropolitan Area Transport Authority (Namata) revived plans to ease the city’s infamous traffic jams through lanes...

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Tito: 14-year-old raising 4 siblings lands scholarship to join Oshwal School

Jackson Tito, a 14-year-old boy who went viral after being captured caring for his four siblings, has landed a...