Bizna Reporter

Amount Suzie Wokabi made from selling her cosmetics business

Make-up artist Suzie Wokabi made Sh. 45 million from the sale of her firm Suzie Beauty to Roto tanks maker Flame Tree. This is according to Flame Tree's annual report.  Ms Wokabi launched her cosmetics start up in 2009, positioning Suzie...

4 major challenges you’ll face in greenhouse farming

Despite the benefits of greenhouse technology, most farmers face numerous challenges. They include: TEMPERATURE AND HUMIDITY Many farmers fail to get good profits from greenhouse crops because they cannot manage the two important factors that determine plant growth and productivity. Greenhouse...

China Wu Yi starts upgrade of Waiyaki Way to Superhighway

The expansion of the 25km James Gichuru-Rironi road stretch on Waiyaki Way into a superhighway has started. Chinese firm Wu Yi has been contracted by the roads authority to upgrade the road and has started uprooting trees to pave way...

Accounts fraud at Haco costs SA firm, Chris Kirubi Sh. 312 million

An accounting manipulation at Haco Tiger Brands of Sh. 768.5 million has resulted in a loss of Sh. 312 million that has been shared by its owners — South Africa-based Tiger Brands and Kenyan business tycoon Chris Kirubi. The Sandton-based multinational says...

How Murang’a farmers are reaping big from milk model

Murang’a County is reaping big from betting on backing a cooperative society to drive milk production for 43,000 dairy farmers as output shoots to the roof. The rise in output has lined the pockets of the county’s farmers and milk...

CBA caps interest rates at 12.9pc to become lowest lender in Kenya

Commercial Bank of Africa has become the lowest lender in Kenya after capping its interest rates at 12.9 per cent. This comes after the bank opted to use the Kenya Bankers Reference Rate (KBBR) as a means to determining its...

Bob Collymore: Facebook isn’t buying M-Pesa

Safaricom CEO Bob Collymore has dismissed as fake the Internet story that Mark Zuckerberg and Facebook want to buy M-Pesa. Collymore said Zuckerberg, who is Facebook co-founder and CEO, could hire developers and build a payment platform if he really...

7 secrets for growing your business quickly

New business owners have numerous goals when they're starting out, including rapid growth and recognition for their fledgling venture. But overnight success isn't often the standard: There's no specific "special sauce" to add to the recipe for instant results,...

How to start trading on Nairobi Securities Exchange

Buying and selling shares is one of the easiest ways to make money. 2014 was a good year for stock exchange investors as stocks gained more than 50 per cent in value. In that year, the NSE proved the  How...

Troubled Eveready issues profit warning

Eveready East Africa has issued a profit warning indicating that it will be falling deeper into losses.According to the battery firm, earnings will drop by at least a quarter. The loss-making Eveready has issued a profit warning saying earnings for the...

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My OneApp: The accidental upgrade that changed how I use Safaricom services

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