Bizna Reporter

How to protect your import, export business with Co-op Bank insurance

Co-operative Bank of Kenya has opened up a new insurance package where small, medium, and large business owners in the export or import industry can protect themselves from losses. This is in an effort by the bank’s consultancy and insurance...

Kenya’s trade chamber solicits for business in Latin America

The Kenya National Chamber of Commerce and Industry (KNCCI) has partnered with LAC Africa in scouting for fresh business in the Latin America regions. This week, KNCCI announced that it will be leading delegation to Brazil and Argentina in a five-day mission that...

Bamburi Cement reports flat profit growth, to pay Sh. 12 dividend

Bamburi Cement has reported flat growth in its net profits for the full year ended December 2016. The cement maker posted a profit after tax of Sh. 5.89 billion for the year from Sh5.87 billion in 2015, which was a 0.3 per cent...

What Category One status for JKIA really means

BY GEORGE BODO A Category One status was recently crowned on the Jomo Kenyatta International Airport (JKIA) by the US Federal Aviation Administration (FAA). This was a positive news for commercial aviation. But there’s some background to it. International Air safety...

KCB posts flat growth in full year net profit

KCB has posted a near flat growth for the full year ended December 2016. The bank announced on Thursday that it had posted Sh. 19.72 billion in net profit, which represented a growth of Sh. 100 million only. In the 2015...

Why Nzoia Sugar is facing imminent collapse

Bungoma-based Nzoia Sugar Company is facing imminent closure. According to the company's acting managing director Michael Kulundu, the sugar miller has been crippled by sugar cane poaching and the on-going drought. Mr. Kulunda says that neighbouring sugar millers have been  illegally harvesting...

KCC to finally pay 100,000 farmers dues dating back to 90s

Kenya Cooperative Creameries (KCC) has finally announced that it will be paying about 100,000 dairy farmers millions of shillings owed to them. The company, since renamed New KCC, will settle the debts in two phases. The first payment starts end of...

Crop diseases to watch out for in the upcoming rainy season

BY GEORGE MBAKAYA When rains come, farmers rejoice because it is a good thing. But even with this blessing called rains, there’s a downside. Excessive moisture can cause a number of problems for gardeners — crop diseases. Most diseases caused by...

NIC Bank profits fall on rising bad loans

NIC Bank has posted reduced profits for the full year ended December 2016. The bank saw its net profits fall by 3.4 per cent as bad loans continued to pile. Net profit stood at Sh4.3 billion in the year compared...

How to make more money with Betting bonuses

There is no doubt that sports betting in Kenya have become one of the fastest growing industries, with at least five million Kenyans engaging in it over the last five years. And while the betting phenomenon has come with...

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Denmark suspends work permit applications from Kenya over fake academic papers

Denmark has suspended the processing of applications from Kenya for internships in its agricultural sector over fake academic papers...