Bizna Reporter

KCB to pay customer over 1.5 million for recovering unexpired loan

KCB has been ordered by the High Court to pay one of its customers Sh. 1.5 million after recovering a loan that had not been defaulted. KCB will pay Mr. Peter Mathenge, Sh1.5 million plus interests after the court found that...

4 things about wealthy people you need to get wealthy too

Most people don't achieve wealth because they have low confidence, a lack of motivation, a lack of clarity, they are lazy or no one is supporting them. Confidence is key when it comes to success and wealth. Your level...

Clients to get Sh. 250,000 if insurance firms collapse

Clients of collapsed insurance firms in the country will now get maximum compensation of Sh. 250,000. This is according to changes contained in an announcement by the Policyholder Compensation Fund (PCF). “It is notified for the general information of the public...

5 easy steps to get you out of debt

1.    Make a conscious decision to stop borrowing money If you want to get out of debt fast, you have to stop using debt to fund your lifestyle. This means no more financing furniture, no more signing up for credit...

Learn from my wealth creation secrets

Lyn Gicharu is the founder of Lyn Enterprises, a company that brands and customizes water for corporates. Getting started: There will never be a short supply of money-making ideas. You just have to be keen and observant. My business was...

Are you ready for the planting season? Follow these steps

The dry spell is almost over, farmers will be going back to the fields. The fact that many farmers have only weekends to get to the field, a little advance work can make farming this year easier. Today I...

KCB’s Lions Den show gave Sh. 153 million to 30 businesses

Thirty businesses have received Sh153 million funding from the first season of reality TV show, KCB Lions’ Den which aired on NTV. The successful enterprises represent 42 per cent of 72 businesses that took part in the 12-series season that...

Centum buys Sh. 1.2bn land in Kiambu, plans to build private school

Centum Investments is set to build a chain of elite international schools after acquiring a 20-acre piece of land for its latest venture. Centum, in partnership with a Dubai-based PE firm and an international chain of schools, is looking to...

Things to consider when buying a house

Demand for homes in Nairobi, and the country at large, is huge. One has the option to build or buy, but with the intricacies of self-build, many opt to buy. It is therefore important that you know what to...

Things to watch out for when buying a dairy cow

Many new farmers buy heifers or cows from other farmers to start their dairy projects. Starting with a poor animal will set you back years in lost returns on your capital, on employed labour and on your time. You should...

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Nairobi partners with bloomberg philanthropies to tackle traffic fatalities

The Nairobi City County Government has today announced a new collaboration with the Bloomberg Philanthropies Initiative for Global Road Safety...