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Bizna Reporter

Africa Spirits launches new affordable Legend Black brandy

Africa Spirits Limited has launched a new brandy to add to its growing stable. The product known as Legend Black is a blend of European brandies aged 5 years in Oak barrels and assembled by a master blender in...

Prosecute Family Bank over Sh. 1.6 billion NYS theft, says CBK boss

Central Bank of Kenya Governor Patrick Njoroge yesterday said that Family Bank should be prosecuted over the theft of Sh. 1.6 billion NYS money. In a letter to Directorate of Criminal Investigations boss Ndegwa Muhoro and Director of Public Prosecutions...

All Fifa qualification matches on StarTimes Kenya

The world’s top premier leagues take a break this week.  In its place, numerous world teams will be fighting for a chance to participate in the 2018 Fifa World Cup which is scheduled to be held in Russia in...

StanChart CEO Lamin Manjang: why you need your bank to create wealth

Lamin Manjang is the CEO of Standard Chartered Bank Kenya. He joined the bank in early 2014, and led it to a profit before tax of Sh. 14.3 billion that year. He recently led the bank to a half-year...

Meet farmer who makes Sh. 300,000 from passion fruits

In 1999, some 300 farmers in Mutaga village, Nyeri County, were in a booming venture, purple passion fruit farming. Each home had an orchard and they were making a fortune as they sold the fruits to locals and various...

Billionaire Harun Mwau sells his Nakumatt stake at Sh. 3.19 billion

Businessman John Harun Mwau has sold his 7.7 per cent minority stake in Nakumatt Supermarkets ahead of the retail chain’s plan to take on board a new shareholder. The businessman exited Nakumatt as the retailer admitted to facing a financial...

StarTimes sets a host of educative, entertaining programs for kids

The long December holidays are here with us. And with schools closing for a two-month period, many parents have been left wondering what options are on offer to keep their kids engaged and entertained as we head towards Christmas. Well,...

Why Kenyan banks are on a cost-cutting spree

Pressure is piling on banks to make drastic strategic shifts as the capped interest rates era threatens to erode their profitability. The lenders are changing tack amid dwindling fortunes since Parliament passed the Banking (Amendment) Bill, 2015 in August that...

Motorists to pay more to use Kenya’s best highways

Motorists will be forced to dig deeper into their pockets to enjoy a ride on some of the country’s best roads. This is after the Government announced it will partner with private-sector investors to finance five major roads through...

KCB posts Sh. 15.9 billion net profit in Q3

KCB Group has announced a 15 per cent growth in third quarter net profit to Sh.15.9 billion. KCB reported net earnings of Sh.13.9 billion in the same period to September 30 last year. The bank’s group chief executive Joshua Oigara said...

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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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