Bizna Reporter

15 Kenyan billionaires who lost Sh. 14 billion last year

The top 15 Kenyan investors at the Nairobi Securities Exchange (NSE) went through another tough year with their equities’ portfolio shrinking by an additional Sh. 13.8 billion as the bear run closes its second year. The investors, including four who...

Government cancels T-Bill as investors keep off NSE

The government failed in its bid to raise Sh. 16 billion in a treasury bill offer, managing to garner Sh. 2.2 billion. This betrayed investor apathy towards investing in the local Nairobi Securities Exchange that has been ravaged by a...

Why Uchumi is not releasing financial results

Although Uchumi Supermarkets was supposed to release its full year financial results last year, it is yet to do so. Last week, the retailer postponed the releasing of the results for the second time. It announced that the results will...

4 things everyone in business needs to do this week

4 things everyone in business needs to do this week Now that the holidays are over and the new year is in full swing, it’s time to head back to the lab to formulate fresh, smart, and effective ideas that...

Aly Khan Satchu: Investment lessons from 2016

BY ALY KHAN SATCHU 2016 was surely an extraordinary once in a life-time type of year. Big headline events like Brexit and the election of Donald J Trump spoke to a new normal. It certainly felt like the disruption of...

KQ announces flight disruptions to Europe, Dubai

Kenya Airways has announced flight disruptions for flights heading to parts of Europe and Dubai. This comes after KQ flight KQ112, 5Y-KZB from Nairobi to Paris, reportedly suffered pressurization failure. The plane turned back. The national carrier said that is flights going...

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...

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4 Fanikisha loans helping women in business unlock growth

Across Kenya, women-owned businesses continue to play a critical role in driving economic growth, creating jobs, and supporting households. From...