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Bizna Reporter

KQ records flat growth in passenger numbers

Kenya Airways posted flat growth in passenger numbers for the period ended June 2016. KQ flew 894,240 passengers during the period, representing a growth of 0.6 per cent from the year before as its two Boeing B777 planes dropped off...

Family, Sidian, Faulu banks fined over NYS scam

The Central Bank of Kenya has fined three local banks Sh. 3 million for failing to report suspicious transactions relating to the Sh791 million NYS scam. Governor Patrick Njoroge, also forced the sacking of nine top managers of Family Bank...

Photos: China’s elevated bus hits the road

It may look like something from the future, but China's long-awaited "straddling bus" ran its inaugural test in Hebei province this week. The 2m-high Transit Elevated Bus (TEB) straddles the cars below, allowing them to pass through. Powered by electricity, the...

3 tough habits you need to drop to succeed in business

Your success or failure to create and scale a business will come down to the kind of habits you incorporate into your daily life. Follow the habits of highly successful entrepreneurs, and there's a good chance you will become one too. Strong personal habits that...

Real estate firm to list on NSE

Superior Homes is planning to list on the Growth Enterprise Market Segment (Gems) of the Nairobi Securities Exchange (NSE) in a bid to raise capital for its expansion program. “We have picked a superb team with a proven track record...

Sportpesa: A Trailblazing Sporting Success

For a long time, the local sports scene has been marred by poor management, poor financial sponsorships, lack of focus, and poor sports development. In fact, by February 2014, not too many could dream of a local sports-oriented company...

Former KCB CEO Oduor-Otieno opens consulting firm

Former KCB chief executive officer Martin Oduor-Otieno has opened a consultancy firm dealing with corporate leadership. His firm Leadership Group Limited was registered at the start of this year. The consultancy firm comes hot on the heels of Oduor-Otieno's appointment...

Safaricom worth more than all banks, EABL combined after touching Sh. 21

Safaricom has touched a new all-time high of Sh. 21 per share on the Nairobi Securities Exchange making it the most valuable NSE company at a record high of over Sh. 801 billion. This means that safaricom is now worth...

Uber drivers protest against low fares

Uber drivers are set to go on strike today following a decision by the US-based taxi hailing firm to decrease fare prices by 35 per cent. Emmanuel Kasina, chairman of the Kenyan Taxi Digital Association, said they have notified police...

Billionaire Chris Kirubi: Embracing the change you don’t want

It is not often that you will be willing to accept changes you don't want. In any case, many of us are quite comfortable living within our current status quo. This, according to Billionaire Chris Kirubi, is often our...

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Court battle over KRA VAT “Special Table” becomes one of Kenya’s largest tax disputes

A major legal battle is unfolding in Kenya’s tax administration landscape as thousands of companies challenge the Kenya Revenue...
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