Bizna Reporter

All you need to know about Co-operative Bank LPO Financing

If you are in the supplies business, the easiest way to access quick and sufficient capital is through LPO financing. This is usually a financing scheme issued by banks against local purchase orders that suppliers get for the supply...

Method that lets you decide if you want a bull or heifer calf

If you have been using natural mating or conventional Artificial Insemination (AI) then you are aware of how frustrating it can be at times when you either wish to have a bull calf or a heifer. Bulls are desired by...

Millionaire Ndindi Nyoro: Julius Kipng’etich will hardly turn around Uchumi

The current CEO of Uchumi Supermarkets, Mr. Julius King'etich is a well known man. He is also greatly respected in the Kenyan corporate arena. However, since he joined Uchumi, Mr. Kipng'etich has been taking Kenyans and especially the shareholders...

I&M posts 16 per cent growth in net profit in Q1 2016

I&M Holdings has posted a 15.8 per cent growth in net profits from the first quarter of 2016. I&M's net profit increased by Sh. 300 million from Sh. 1.8 billion recorded in 2015 to Sh. 2.1 billion. I&M's regional subsidiaries all...

How rogue NSE stockbrokers sold fake multi-million bonds to unsuspecting investors

In September 2013, the Capital Markets Authority (CMA) took action against rogue stockbrokers at the Nairobi Securities Exchange (NSE) who had fraudulently created and traded government securities worth up to Sh. 105 million. Brian Muchiri, an Associate Director and Head...

Dual vs single exhaust system in your car

All vehicles are equipped with an exhaust system, which is responsible for transporting burned engine exhaust gases from a vehicle's engine exhaust port and directing them out of the vehicle's tail pipe. Exhaust systems come in both single and...

Citizen TV’s TerrryAnne Chebet launches new beauty products

Popular business journalist and TV presenter at Royal Media's Citizen Television, TerryAnne Chebet has launched a new line of organic body and hair oils products. Ms. Chebet launched the beauty products dubbed Keyara Organics on Friday through her Keyara Brand...

Uchumi hires operations consultant after top manager’s exit

Troubled retailer Uchumi Supermarkets has hired an operations consultant days after its Chief Operations Officer (COO) was poached back by Naivas Supermarket. Mr. Peter Kamau was hired to assist in the retailer’s “overall stabilization and growth strategy.” He holds over...

Top 10 billionaires in the world right now

Volatile stock markets, cratering oil prices and a stronger dollar led to a dynamic reshuffling of wealth around the globe and a drop in ten-figure fortunes for the first time since 2009. Currently, there are 1,810 billionaires in the...

Mumias to lease out water bottling subsidiary to cut loses

Mumias Sugar is set to lease out its water bottling plant in a bid aimed at recovering from its current lose-making position. The move comes four years after Mumias established the plant at a cost of Sh. 200 million. Mumias Sugar...

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A scholarship honours a Kenyan couple’s legacy and reflects a growing tradition of educational philanthropy in Africa

Scholarship honours: Education's Enduring Role in Kenya's Development For generations, education has occupied a singular place in Kenyan society. It...