Bizna Reporter

BOC pays out dividend despite profit drop

BOC Kenya has maintained its dividend payout level despite its profit dropping 35.2 per cent due to increased competition. The company, which is controlled by German firm Linde Group, has proposed a final dividend of Sh3 per share bringing the...

Mazda Verisa vs Honda Fit (Specs)

Mazda Verisa Honda Fit Shuttle 15C 4WD   Bodywork   • Body type 4/5 seater estate/station wagon 4/5 seater estate/station wagon   • Number of doors 5 5   Dimensions and weights   • Wheelbase 2490 mm 2500 mm   • Track/tread (front) 1475 mm 1470 mm   • Track/tread (rear) 1450 mm 1465 mm   • Length 3975...

Chase Bank gave Sh. 16.6 billion unsecured loans to directors

Troubled lender Chase Bank irregularly advanced Sh16.6 billion to various entities, many of them associated with insiders, putting billions of shillings belonging to 55,000 depositors at risk. Half of the irregular loans went to the bank’s insiders, the Central Bank...

Billionaire Chris Kirubi: what drives you in life?

What drives you to earn a living? What drives you at work? What drives you in life? These questions may look simple but are very important if at all you want to be successful in life. Each day we make a choice...

Chase Bank now placed under receivership

Central Bank of Kenya (CBK) has placed Chase Bank under receivership. According to CBK, Chase Bank will be under receivership for 12 months due to what the regulator termed as unsafe financial conditions. "Chase Bank experienced liquidity difficulties following inaccurate social...

2016 Nissan Murano review and photos

What's New for 2016 A USB port is now standard, and the Bose audio system included in the Premium package now has 11 speakers rather than nine. Otherwise, the Nissan Murano is unchanged for 2016. A crossover SUV is not a...

Mixed-farming pays me well

Kennedy Kamusoi is busy making money from his mixed farm at Ebuhando in Emuhaya sub-county in Vihiga County. Kamuso, 40, started farming after quitting employment job, where he says he used to earn peanuts despite hard work. He started...

Barclays acquires First Assurance

Barclays Africa has formally acquired a controlling stake in Kenya’s First Assurance after receiving regulatory approval. The approval is the culmination of a proposal that was fronted in June last year by Barclays to buy a 63.3 per cent stake...

How to feed your layers for high production

Purchase feed from a reputable miller who can assure consistency in the quality and performance of the feed.  Avoid mixing feeds from several millers, adding other protein sources like fish, meal and minerals salts (DCP) as this changes the...

Chase Bank Chairman, Group MD resign over dubious 2015 financials

Chase Bank chairman Zafrullah Khan and the bank’s Group Managing Director Mr. Duncan Kabui have stepped down from their positions. The two stepped down following an understatement of insider loans. However, Chase Bank’s chief executive officer Mr. Paul Njaga remained...

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U.S Supreme Court upholds birthright citizenship in historic ruling

The U.S Supreme Court has ruled to uphold birthright citizenship. In what will be seen as a mega loss...