Friday, January 30, 2026
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Bizna Reporter

BAT’s full year profit falls by 15pc as sin tax bites

British American Tobacco's net profits for the full year ended December 2016 has dipped by 15 per cent. The firm's profits stood at Sh. 4.2 billion. Despite this profit slump, BAT will pay out a Sh. 39.50 dividend per share. The dividend...

Portland Cement posts Sh. 248 million loss in 6 months

Troubled cement manufacturer Portland Cement ha reported a six-month loss of Sh. 248 million. In 2015, the company had posted a net loss of Sh528 million. Revenue realized by the company declined by 19 per cent to Sh4.6 billion compared to Sh3.7 billion...

Shark Tank millionaire’s 4 doable tips on handling money in a new business

Shark Tank star investor Lori Greiner is frugal. She didn’t splurge on a single luxury item until she was in business for four years. Here are four wise ways Greiner saved money (and sanity) when she first started out...

Easy tips to connect your kitchen to your living room

If you are a fan of open plan layouts, and have decided to open up your kitchen to your living room because it is time for a change, there are plenty of ways to go about it. Read on...

Learn from my ups and downs in watermelon farming

Benjamin Odhiambo, 34, grows watermelons in Kochila, Homa Bay County. The farmer, though is struggling with a stubborn pest that has seen him burn his fingers, more than once. It all started sometime in early 2006. Having heard that watermelon fetches good...

Chris Kirubi buys back South African company in multi-billion deal

Kenyan billionaire Chris Kirubi has bought back a 50 per cent stake in South African Haco Industries. This buyout comes eight years after Mr. Kirubi sold his stake to South Africa's Tiger Brands for an estimated Sh. 363 million. His initial...

Meet 30-year-old making Sh. 150,000 from bulb onions

Ian Mutisya is bubbly as he walks on his 1.5-acre onion farm at Miwani on the outskirts of Machakos town. He uproots two bulb onions from the soil and examines them carefully. “I grow them under drip irrigation and they will...

Equity to roll out agency banking in Zanzibar

Less than a week after opening its first branch in Zanzibar, Equity Bank has announced that it will be opening its agency banking in the island. The latest branch brough Equity's total branches in Zanzibar to 14. According to Equity Bank...

KCB to fire hundreds of employees

Kenya Commercial Bank is set to fire over 500 employees. The bank will start by offering the employees the option of early retirement. Those who don't opt for this option will be subjected to a review process that could narrow...

My 6 ways of handling money and creating wealth

Bryan Kariuki is CEO at Cellulant Corporation (Kenya), a mobile commerce company with branches in 10 African countries.   Biggest money mistake: I’ve been lucky that I’ve earned relatively well all through my career. However, at some point this served to...

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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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