Monday, March 16, 2026
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Bizna Reporter

Uchumi posts Sh. 2.8 billion full year loss

Uchumi Supermarkets has announced a net loss of Sh. 2.8 billion for the 2016 year. This was a 17 per cent improvement from the Sh. 3.4 billion the retailer announced in the 2015 financial year. Net sales declined to Sh6.4 billion...

Loans to remain at 14pc as CBK retains key rate

The Central Bank of Kenya (CBK) has retained its base lending rate at 10 per cent. According to the Monetary Policy Committee (MPC), there was no need to increase the Central Bank Rate (CBR) since inflation will stay within the preferred...

Home buyers to get 80 per cent financing at ICDC

Industrial and Commercial Development Corporation (ICDC) has announced that it will finance home buyers by up to 80 per cent. The state corporation will offer financing to buyers looking to take up its Mombasa-based real estate development project , The...

How I failed miserably as a mentor

My name is Phil Duke, an entrepreneur and mentor. I have mentored, to one extent or another, numerous professionals from earnest young go-getters looking to conquer the world to worried and displaced middle-aged workers looking for safe harbor. Mentoring isn’t...

EABL to pay Sh. 1.5 billion interim dividend despite half year profit drop

East African Breweries Limited (EABL) has announced a 27.7 per cent drop in net profit for the half year ended December. The beer maker’s net profit from continuing business for six months through December 31 grew by a marginal 1.84 per...

Kenya Power’s prepaid customers hit over 2.3 million

The number of electricity consumers who are using prepaid meters has hit over 2.3 million. This is according to Kenya Power data which shows that by the end of June 2016, prepaid customers stood at nearly half of all its...

Steps to paying StarTimes monthly subscription using M-Pesa

There is probably no larger inconvenience that getting your decoder disconnected just when you're watching something interesting. At times, get connected again can be a hustle, especially if you are trying to get access after the requisite office period. However,...

Catch ‘Sweet Love’ soap opera on StarTimes this weekend

StarTimes Kenya is showing the 2016 Philippine romantic drama television series, Sweet Love. The series, which stars  Liza Soberano and Enrique Gil was aired on ABS-CBN and worldwide on The Filipino Channel from February 15, 2016 to August 26, 2016. The series is a story...

StarTimes, KCB partner to offer discounts

Nairobi Securities Exchange listed banker Kenya Commercial Bank and digital content provider StarTimes Kenya have formed a partnership that will see customers get up to 10 per cent on all StarTimes digital products. According to a statement from StarTimes Kenya,...

Bundesliga matches on StarTimes: all weekend fixtures

The German super league, Bundesliga, resumes today with nine matches scheduled to be played this weekend. StarTimes Kenya, which owns the exclusive broadcasting rights for the league, will broadcast all the matches on its sports channels which include Sports Arena,...

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