Bizna Reporter

Equity Bank leads KCB in profitability in first quarter of the year

Equity Bank has led other Kenyan banks including its foremost competitor KCB in profitability. This emerged as KCB, which is the largest bank by assets, recorded a marginal 6.1 per cent growth net profit to Sh. 4.63 billion from...

NBK’s bad loans hit Sh. 15.1 billion as Q1 profit falls 33pc

National Bank of Kenya's non-performing loans have risen by 124 per cent to Sh. 15 billion in the first quarter of 2016 compared to Sh. 6 billion recorded in the same period last year. This was revealed in the bank's...

Father: my daughter stole and borrowed Sh. 3 million to make Louis Otieno happy

An inquest into the death of former Kenya Power employee and the girlfriend of former TV anchor Louis Otieno Ms Careen Chepchumba, has heard that she stole and borrowed money amounting to over Sh. 3 million and gave it...

Startimes’ new drama: Woman From A Family Of Swordsmen

A new and interesting soap opera is set to hit your TV screen. The soap opera dubbed Woman from a Family of Swordsmen will be airing on Star Times. Strikingly, in this program, all the stories emerge from one...

Former KCB CEO Martin Oduor back at EABL board

Former KCB Group CEO Martin Oduor-Otieno has started a second stint as a non-executive director at East African Breweries. Mr. Oduor-Otieno rejoined EABL after a six month break he took following his appointment as a partner at Deloitte East...

KCB’s Joshua Oigara named banker of the year

KCB CEO Joshua Oigara has been named the 2016 banker of the year. Mr. Oigara was declared the best banker in the country during the third Banker Africa East Africa Awards which were held in Nairobi on Tuesday. Mr. Joshua...

Kengen rights issue timetable

  ACTIVITY TIME AND DATE Books closure (Record Date) 3:00 p.m. Monday, 16th May 2016 Rights Issue offer Opening Date 9:00 a.m. Monday, 23rd May 2016 Commencement of Trading in Nil Rights at the NSE 9:00 a.m. Monday, 23rd May 2016 Last day to immobilize 3.00 pm Friday 27th...

Jamii Bora Bank to launch own ATMs

Jamii Bora Bank is set to roll out its own ATMs network across its branches at a cost of Sh. 13 million. The bank, which has been riding on the Kenswitch ATM network has already installed the ATM machines at...

Why your fuel gauge is lying

Few things are as frustrating and worrisome as running out of fuel. Most people will do their best to make sure that they always have some fuel in the tank. However, if there is an issue with the fuel...

Stanchart net profit jumps 44pc in three months

Standard Chartered Bank has recorded 44 per cent growth in after-tax profit in the first quarter of 2016. The bank announced a net profit of Sh2.6 billion compared to Sh1.8 billion posted in a similar period a year earlier. It's...

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HELB opens 2026/2027 subsequent loan applications; how to apply

The Higher Education Loans Board (HELB) has announced the opening of the 2026/2027 subsequent loans for continuing students. In a...