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Bizna Reporter

Kenyans borrow Sh. 14 million through M-Pesa every hour

Kenyans are taking loans of up to Sh14 million every hour through M-Pesa, driving Safaricom’s profitability to astronomical levels. The firm last week said there are two loans approved every second on the mobile banking platforms that it runs...

Billionaire Richard Branson: why secret to success is more than productivity and motivation

The key to success, according to Richard Branson, is not only productivity and motivation -- but intention. “A day without intention is a day wasted,” the Virgin Group CEO writes in a recent blog post. "Without intention, there can be...

10 workable tips to get you started in real estate

“Earth is the best investment on earth.” That is a statement by Mr Gilbert Kibire, the CEO of Icon Valuers Ltd, a real estate firm based in Nairobi, a statement echoed by his colleague, Mr Martin Cheboror. “Land is the only...

What to consider before you buy a used engine

BY THE MONITOR Buying a used engine is sometimes more cost effective than repairing one because the cost of new engine repair parts and the heavy labour involved may be beyond your budget. Considerations However, one needs to proceed with caution, buying...

StarTimes to open free channels to everyone with any decoder starting tomorrow

StarTimes Kenya will be opening some of its premium channels to all subscribers for free starting tomorrow. This offer comes as StarTimes launches its open week which will run for nine days from Saturday November 20th. “We shall be...

Is your loan still expensive? How installments are calculated under new interest rates

BY MUNGAI KIHANYA Direct proportions are very easy to comprehend. This is when a change in one quantity produces a proportional variation in the other. For example, if one tomato costs Sh5, then two tomatoes will be Sh10. The total...

StarTimes Kenya adds new channels on its packages

StarTimes Media has today announced the introduction of four new entertainment channels on its platform with a key focus on documentary and Pan-Africa content. The four include National Geographic Wild, National Geographic channel both of which will feature extraordinary tales...

Portland Cement’s full year net profit falls sharply

East African Portland Cement Company has announced a steep drop in net profit for the full-year ended June attributed to a Sh1 billion fall in the re-valuation gain of its assets. The company's net profit for the financial year stood at Sh4.2...

Why KRA is demanding Sh. 3.4 billion from Zuku

Kenya Revenue Authority has told Richard Bell, the billionaire owner of Zuku, to take responsibility for his various companies in a Sh3.4 billion tax fraud case. An affidavit filed in court last week claims the Briton owns a majority stake...

KQ hires former Qatar Airways top executive

KQ has appointed a former KLM and Qatar Airways executive as its commercial director, filling a critical managerial position that has remained vacant for a year. Vincent Coste, who was hired on November 1, has worked in various senior roles...

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Kinyanjui Kombani Pens a Love Letter to Legacy in New Book, Dear Mama

Kenyan writer and banker Kinyanjui Kombani has published a deeply personal new book, Dear Mama—a work that reads less...
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