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Bizna Reporter

Saccos cut interest rates to compete with banks’ 14 pc cap

Savings and Credit Co-operatives (Saccos) in the country have reduced their interest rates. Coast-based Bandari Sacco said it had reduced its rates to price its loans below the rate cap, but did not disclose previous rates. “With effect from 1st November, 2016,...

Kengen stops paying dividend

KenGen will not pay its shareholders a dividend for the first time since the company went public in 2006. This comes after its net profit for the year to June dropped 41 per cent to Sh. 6.7 billion. KenGen, which paid its...

Equitel jumps to second biggest money mover in Kenya

Equitel is now the second biggest mobile money mover in Kenya. This is according to data collected from the Communications Authority of Kenya for the three months to June 2016. According to the data, Equitel moved Sh.138.5 billion was transacted through...

On StarTimes movies tonight: Tron Legacy

The award-winning movie Tron: Legacy will be showing tonight on StarTimes. The movie revolves around Sam, the son of a virtual world designer. He goes looking for his father Kevin Flynn and ends up inside the digital world that his...

What to consider when buying used car parts

So you are a new car buyer with your car fresh from the bond. Car rides perfectly. We all know that phase of car ownership where even the slightest of scratches gets you all worked up. The car simply...

Chinese firm to build Sh. 2.6 billion power line to Tanzania

Kenya Electricity Transmission Company has contracted Chinese firm North China Power Engineering Company to construct a 96 kilometre power transmission line running between Isinya and Namanga at a cost of Sh2.6 billion. This is part of the Kenya-Tanzania inter-connector line...

Real estate firm pays dividends for investments in agri-business

Property agent PRC, the pioneer of the greenhouse concept for real-estate plots, Wednesday paid investors Sh12 million as proceeds of agricultural produce from Laikipia County parcels. PRC board chairman Brian Gacari said 6,600 tonnes of capsicum and tomatoes were grown...

How to know the right business to do

Q: I have business passion for a lot of things. How do I know which one I should really chase? A: We all want to do something we love for a living, but how do we determine which of our passions...

Co-op Bank eases banking with new MCo-op Cash mobile App

Co-operative Bank has launched a new mobile application in a effort to ease how customers bank. The mobile app dubbed MCo-op Cash enables customers to access their account balances, transfer cash from their MCo-op Cash account to mobile phone money...

10 tips to keep your dairy cow comfortable and highly productive

Below are the ten tip you need to follow in order to keep your dairy animal productive. When cows are comfortable, eat well, drink and rest, they stay healthy and longevity is also achieved with high productive lifespan. Cold...

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Co-operative Bank, MetroTrans roll out 21 buses in Shs590M financing deal

Co-operative Bank of Kenya and MetroTrans Sacco Ltd today announced the release of 21 new 33-seater buses, marking the first...
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