Bizna Reporter

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...

Why zero grazing is no longer most profitable dairy method

A new research on zero grazing as a form of dairy production has found out that zero grazing is no longer viable or profitable. The Tegemeo Institute of Research, an agriculture-focused think tank, says in its report that farmers practising...

Uganda suspends KCB subsidiary from tax portal

The Uganda Revenue Authority has struck KCB Uganda from its tax portal. The portal allows banks to facilitate the payment of State revenue by the public through tax banking services. “The general tax paying public is informed that Uganda Revenue Authority...

Car Review: 2017 Mercedes Benz S Class

What's New for 2017 There is a new S-Class convertible (the Cabriolet) for 2017, which is not only a new S-Class model, but as a full-size, four-person convertible, it's new to the Mercedes lineup as well. Other noteworthy updates are...

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Jubilee Health targets uninsured communities with pay-in-instalments health insurance model

Jubilee Health Insurance is expanding an instalment-based premium payment model in Nairobi as part of a broader effort to make...