Bizna Reporter

Kenyan banks fight control of loan prices

Kenyan banks have termed the move by parliament to cap the price of loans at only 4 per cent above the CBK reference rate as retrogressive. Acccording to the Kenya Bankers Association (KBA), individuals and small and medium sized enterprises,...

UNAIDS partners with StarTimes in war on HIV/Aids

UNAIDS is set to partner with StarTimes in the fight against HIV/AIDS. This follows an agreement between the two bodies aimed at generating, delivering and broadcasting HIV/AIDS awareness content across Africa. According to Michel Sidibé, the UNAIDS Executive Director and...

Sameer posts reduced full year profits

Sameer Africa posted a 9.1 per cent drop in net profit for the six months ended June as the tyre manufacturer continued to lose market share to cheaper imports. The firm said its net profit in the period stood at...

Investor apathy forces Fusion to extend Reit deadline yet again

Fusion Capital has extended its deadline for the D-Reit share sale yet again. This was the second time that the real estate firm was extending the deadline. The new deadline, which has been set for August 4 points to difficulties...

Prof Hammo named StarTimes Kenya brand ambassador

Top Churchill Show comedian Prof Hammo has joined StarTimes Kenya as its 2016-2017 brand ambassador. "I am so excited to have been named as the official face of StarTimes Kenya," Prof Hammo said. He added that he has followed the StarTimes...

KCB takes tycoon’s company after he defaults on Sh. 2.7 billion loan

Kenya Commercial Bank (KCB) has taken over a milling company owned by Mombasa tycoon Tahir Sheikh Said citing its default on a Sh1 billion loan. According to the Business Daily, KCB has over Sh. 2.7 billion bad loans with Tahir...

Used BMW 3-series 2006-2011 review

Not many cars can match the style and driving experience of the BMW 3-series. It's a small sporty car with a strong engine riding on a classic rear-wheel drive platform. The fifth-generation 3-series comes as a rear- or all-wheel drive sedan...

Expect cheap loans as CBK cuts lending rate

Borrowers should expect cheaper loans from August after the Central Bank of Kenya (CBK) cut the lending reference rate by nearly one per cent yesterday. The rate cut came after depressed loans appetite from the private sector since the start...

Cut your losses and earn more with Co-op Bank’s crops and livestock insurance

The importance of getting an insurance policy for your crops and livestock cannot be over-emphasized. And with the need for value-addition and products tailored to help farmers reap maximum benefits from their agri-business activities, Co-operative Bank of Kenya has developed...

Why you need to insure your dairy and crop farming

What is more devastating for a farmer than a drought that strikes at a time crops are just beginning to bloom? Pretty nothing else. For Dorcas Nyawira, a 32-year-old mother of one, watching her two-acre plantation of maize dry away...

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