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Bizna Reporter

Insurer Sanlam Kenya issues full year profit warning

Nairobi Securities Exchange listed insurer Sanlam Kenya has issued a profit warning for the full year 2016. The insurer said that it expects its profits to drop by at least 25 per cent, citing lower income from sale of properties and...

Millionaires share 7 ways to plan your day for success

Here are the top seven keys to success from world millionaires on structuring your day in order to produce your best work and become your best self. 1. Start your day earlier. We’ve heard the "start early" advice a million times. The...

Cost of living drops in December as price of cooking gas falls

Cost of living fell to 6.35 per cent in December from 6.68 per cent in November. This followed a drop in the cost of cooking gas. However, during the month, food, fuel and electricity prices continued to increase. According to Kenya National...

Large depositors at Imperial bank to get cash

Large depositors at the collapsed Imperial Bank are set to start accessing their money. This is after the Kenya Deposit Insurance Corporation (KDIC) announced that it will immediately pay verified depositors up to a maximum of 10 per cent of their balances. “Verified...

KQ seeking to acquire stake in Air Madagascar

National carrier Kenya Airways has been shortlisted among seven airlines that are seeking to acquire a minority stake in Air Madagascar. This comes as Air Madagascar which is currently flying through cash strains, looks for a strategic partner. It currently...

Kenya Power’s debts hit Sh. 105 billion

Kenya Power’s debts have grown to Sh. 105 billion. This is after the power company took on debts to fund its large infrastructure projects. According to the company’s 2016 financial statements, KPLC debts shot from 53 billion to Sh. 105...

The farmer who built her own broadband

"I'm just a farmer's wife," says Christine Conder, modestly. But for 2,300 members of the rural communities of Lancashire she is also a revolutionary internet pioneer. Her DIY solution to a neighbour's internet connectivity problems in 2009 has evolved into...

Security solutions for your home

BY PAM GOLDING PROPERTIES Security for yourself and your family is imperative. Technology has enabled ways to make sure your family and possessions are kept safe. Here is a few tips on how to effectively secure your home: Video monitoring This is...

Why Eveready batteries will no longer be sold in Kenya

Eveready batteries will no longer be sold in Kenya. This is after Eveready Kenya terminated a supply contract with Egypt’s Energizer. The contract was terminated following persistent challenges that saw additional costs and low battery uptake in the local market. “Our business...

Why you need to change the way you save to make wealth in 2017

BY GEORGE MANGENI We are finishing 2016, and for all those who have been diligently saving, it’s good to see you pop open those Home Banks and count your coins and notes. Allow me to be the devil’s advocate here...

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Leading hardware and electrical provider Doshi joins tabb’s Trade Credit Network to unlock interest-free credit for SMEs

In a significant move for Kenya’s SME and construction ecosystem, leading hardware and electrical solutions provider Doshi has joined...
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