Bizna Reporter

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...

Atlas ventures into gambling in Nigeria

Atlas Africa Industries has made a Sh. 30 million investment on a Nigearia-based gaming company, BonanzaWin. The equity buyout will see Atlas Africa hold a 10 per cent stake of the Nigerian firm. “The investment has been effected through a share...

6 things to consider before you start fish farming

1. TECHNICAL KNOW-HOW / PLANNING  Fish farming like any other successful business requires an enormous amount of planning, knowledge and skills before venturing into it. An extensive study of fish production techniques and cost of equipment are necessary. When...

Sh. 1.8 billion Uchumi bailout approved

The national cabinet has approved a Sh. 1.8 billion bailout for troubled Uchumi Supermarket. The amount was approved during a meeting held at State House on Thursday last week. The retailer had earlier on requested for a sh. 1.2 billion...

Government ends 20pc tax on locally assembled vehicles

The National Treasury has scrapped the 20 per cent excise tax on locally assembled vehicles. In a move that is seen as relief to the local motor vehicle assembly industry, the exemption of locally assembled vehicles from the levy...

Equity, Barclays have most expensive loans

Equity Bank and Barclays have some of the most expansive loans in Kenya. This is according to data from the Central Bank of Kenya. Barclays Bank has the most expensive loans among large banks lending at an average 19.2 per...

What Co-op bank’s medical insurance offers

Did you know that Co-operative Bank has a package designed to offer medical insurance cover? Well, with the advent of insurance policies and coverage, Kenyans ar turning to established insurance institutions with the capital and managerial stability that guarantees...

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Unlocking East African trade: How the ITC-Equity partnership empowers MSMEs

The International Trade Centre (ITC) and Equity Group Holdings PLC signed a memorandum of understanding to drive inclusive, commercially viable economic development...