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Bizna Reporter

HF to pay Sh. 45 million to borrower for auctioning her land

Housing Finance (HF) has been ordered to pay Sh. 45 million to a borrower for charging them irregular fees and penalties on a mortgage loan. The court under Justice Eric Ogola ruled that HF was wrong to sell Scholastica Nyaguthii Muturi’s...

Top 10 mistakes to avoid when building or buying a house

Although there are dozens of mistakes that one can make while investing in real estate, the following 10 are the most common: 1. Expecting to “get rich quick” This kind of wrong-headed thinking is fueled by self-appointed gurus who produce infomercials...

How to know which business is best to start

BY WACEKE NDUATI-OMANGA “I have Sh500,000. What business should I start?” This is a question I hear often from many people. I find it impossible to answer this question. Most entrepreneurs did not start a business because someone else told...

Top drivers of employee burnout

Imagine a problem affecting 95 per cent of all businesses. A problem so pervasive that nearly every organisation is feeling the pinch. With so many diverse industries, it’s almost hard to fathom, but there is a crisis percolating: employee...

Huawei unveils latest GR5 2017 phone in Kenya

Mobile devices maker Huawei has unveiled its latest phone in Kenya. Huawei introduced in Kenya the GR5 2017 smartphone yesterday. The GR5 2017 is one of the first gadgets in the local smartphone market that has a dual camera among the...

7 steps you need to start selling more

1. Clarify your specific goals. Many salespeople set separate goals for their personal and professional life, but in sales, all goals are personal. Your personal goals can and should drive your professional goals. The first step to selling more is to...

Why Safaricom might break up with M-Pesa

Safaricom may be forced to cut off M-Pesa from its main portfolio. This is if the Communications Authority (CA), implements recommendations of a market dominance report. The move to separate Safaricom from M-Pesa, known as functional separation, is the main...

Coffee at Nairobi auction sells at highest price this year

Coffee prices at the Nairobi auction have this week hit their highest this year. This follows a rebound that saw the prices rise by nearly five per cent. According to a market report from the Nairobi Coffee Exchange, the price...

Tuskys shuts down Sheikh Karume branch

Tuskys Supermarkets has shut down one of its busiest branches in Nairobi. Yesterday, customers were taken aback to find doors to Tuskys Sheikh Karume Road closed. According to the management, the branch has been shut down, bringing its total branches...

Sh. 11.4 billion bad loans squeeze Barclays Bank’s profits

A surge in bad loans to Sh. 11.4 billion has seen profits realized by Barclays Bank of Kenya fall by 12 per cent to Sh. 7.3 billion net profit for the full year ended December 2016. Barclays saw its loan loss...

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Amount of pay raise clinical officers in Kenya will earn in new deal

Clinical officers in Kenya are set to take home bigger salaries after the signing of a Collective Bargaining Agreement...
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