Bizna Reporter

From Sh. 500,000 loss, my farm is now worth Sh. 25 million

BY RACHEL KIBUI Noah Chemirmir's farm is full of Boma Rhodes. It sits on 530 acres, 250 of which he has put under seed production while on the rest he grows the Boma Rhodes grass for making hay. The owner, Chemirmir, is...

SGR to be upgraded to electric line at Sh. 49 billion

The Standard Gauge Railway (SGR) is set to be upgraded to an electric railway line at a cost of Sh. 49 billion. The contractor, China Roads and Bridge Corporation will be offered 15 per cent of the current construction cost...

How the way you bank is changing

This week, we takes a look at some of the key digital banking products on offer by numerous local banks that will see customers shift from attending bank branches to banking at the comfort of their phones or internet connection. Equity...

ICDC starts offering loans at 13 per cent

Industrial and Commercial Development Corporation (ICDC) has announced a three percentage point reduction in loan interest. The State-owned ICDC said on Monday that it has, from November 1, been charging interest on loans at 13 per cent, down from 16...

OLX sets up online farm input stores

OLX has set up centres to help farmers easily access farm inputs and increase yields for their produce across various regions. Dubbed kilimo smart OLX centres, will see farmers who have placed orders of various inputs through OLX collect...

Nyandarua dairies to build Sh. 1.2 billion Kipipiri factory

Nyandarua County Investment Forum, which includes local dairies and businesspeople, says it is planning a Sh1.2 billion milk processor in Kipipiri set to be complete by 2018. Chairman, Muriuki Karue who is also the county Senator, said the processor will...

StarTimes Basic Bouquet gets additional new channels

StarTimes Kenya has introduced a series of new channels on its Basic Bouquet. The bouquet, which retails at a monthly subscription of Sh. 599, will have channels focusing on documentaries, lifestyle and Pan-Africa content. Previously, this bouquet contained a total...

6 common manual transmission problems

Manual Transmission Oil Leakage Often the oil slips outside the unit and gets to back. You can just follow the oil leakage trail in the front to detect the source. That helps you to address one of the manual transmission...

Chris Kirubi’s Centum pumps Sh. 1 billion in Coke bottler

Centum Investments has raised its stake in Coke bottler, Almasi Beverages to 53.8 per cent. This follows a strategic plan by the firm, whose majority single shareholder is billionaire Chris Kirubi, to raise its holding by investing Sh. 1...

The most haunting money issue that kills businesses fastest

Levi King’s father, an Idaho farmer who paid cash for everything, taught his son to avoid credit cards and debt. So at age 23, when he founded his first company, an electric signs and awnings manufacturing business, he followed...

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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...