Bizna Reporter

Centum’s K-Rep Bank full year profit drops by Sh. 141 million

K-Rep Bank, majority owned by investment firm Centum with a 67.5 per cent, has recorded a 27.5 per cent net profit drop in the year ended December 2015. K-Rep Bank said its net profit in the period stood at...

NBK suspended CEO Munir Ahmed’s career profile

Until his suspension on March 29, 2015, Mr. Munir Sheikh Ahmed was the CEO of National Bank of Kenya (NBK). He had served as Managing Director at National Bank Of Kenya Ltd since June 7, 2012. He is a career...

NBK sends CEO Munir Ahmed, six managers on forced leave

National Bank of Kenya (NBK) has sent six managers including the chief executive officer Mr. Munir Ahmed on compulsory leave. In a decision arrived at following a board meeting held on Tuesday, NBK’s board of directors also appointed Mr....

Fidelity Bank gets Sh. 1.9 billion capital boost, CBK says bank is stable

The Central Bank of Kenya (CBK) has rubbished reports that Fidelity Bank is to be placed under receivership. This follows reports circulating on social media alleging that Fidelity Bank is about to be closed or placed under statutory management. In...

All about feeding your bull calves

Bull calves, like all calves, need timely, high-quality colostrum at birth which is critical to future health and performance. Creep feeding then becomes an option based on cowherd goals, forage type and availability and marketing. “Bulls can be started...

How I started my real estate multi-million company with zero capital

Buying and selling property in Kenya, especially land, is not for the faint hearted. Stories abound of a rogue sector where land agents swindle clients of their hard earned money. In worse cases, this has led to murder arising...

National Oil CEO Sumayya Athmani’s career profile

Ms. Sumayya Athmani has been Chief Executive Officer of National Oil Corporation of Kenya Limited since September 12, 2010. Ms. Sumayya Athmani is also an advocate of the High Court of Kenya. She served as Deputy Managing Director of National...

2016 Nissan X-Trail review and photos

Space 8/10 Lots of room, but the five-seater makes the most sense Don’t imagine that those two extra seats turn the X-Trail into a rival for a proper people carrier, because its third row is very cramped, even...

NSE’s most unattractive company sinks deeper into losses

Nairobi Securities Exchange listed firm Kurwitu Ventures has released a profit warning projecting to record losses for the financial full year ended December 2015. Kurwitu has said that it will make a loss of Sh. 7 million, representing a drop...

Centum’s K-Rep Bank changes name to Sidian Bank in re-branding move

K-Rep Bank has announced that it is changing its name in a re-branding strategy. Ina circular letter sent to the Central Bank of Kenya and all banks under the Kenya Bankers Association, K-Rep's new brand and name will come...

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