Bizna Reporter

Isuzu acquires General Motors in mega buyout

Isuzu Motors Limited has acquired a majority stake in General Motors east Africa. This is after Isuzu bought off a 57.7 per cent stake in GM East Africa, in a transaction that will GM change its name to Isuzu East...

Sh. 171 billion gold discovered in Kakamega

A mining company based in the United Kingdom but mining in Western Kenya has discovered an estimated resource of 1.31 million ounces of gold at its mines in the Liranda Corridor in Kakamega. The gold, which was discovered by Acacia Mining,...

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...

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KCB boosts islamic banking through Mastercard partnership and Sahl card launch

KCB Bank has partnered with Mastercard to deploy an Islamic finance paymentssolution for customers under the Sahl Banking offering.The Bank...