Bizna Reporter

Safaricom invests Sh. 100 million in a farming businesses

Safaricom Limited's investment fund, Safaricom Spark Venture Fund has invested $1 million (Sh. 103 million) in a local data analysis start-up that connects small-scale farmers to financial services. The fund injected part of the capital in FarmDrive, which is a startup...

Nakumatt shuts down branch in Nairobi

Nakumatt Supermarkets has closed down its Ronald Ngala branch in Nairobi. The branch has been officially shut down after failing to open for a week. According to Nakumatt managing director Atul Shah, the branch was shut down due to low...

What law says about your plot’s boundaries

BY HAROLD AYODO Property boundaries remain a common source of disputes leading to legal battles. There are court cases where investors accuse their neighbours of allegedly hiving off their property by removing beacons. Many buyers of plots fence them off with...

How to avoid fake seeds this planting season

Season after season farmers have been complaining about the quality of seeds on sale. Most seeds have a low germination rate and in some instances they do not germinate at all and farmers have been suffering in silence. This...

How Co-op Bank funded Two Rivers mall

Co-operative Bank was among the top financiers that saw the birth of East Africa's largest mall, Two Rivers. It has emerged that Co-operative Bank gave the project a loan of Sh. 9.2 billion. This follows a revelation that is set...

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...

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Consignments of meth worth Sh21.8 million seized at JKIA

Anti-narcotics officers in Nairobi have intercepted and seized methamphetamine drugs worth an estimated Sh21.8 million. The consignments of meth...