Bizna Reporter

Old Mutual to break up into 4 parts

Financial services group Old Mutual has said it will split itself into four separate companies following the outcome of a strategic review. The Anglo-South African company said its current structure was "too costly" and inefficient. Changes to the regulatory environment in...

CIC to invest Sh. 2.8 billion in real estate

CIC Group will venture into real estate with a Sh2.8 billion commercial and residential development on its 200 acre parcel in Kiambu county. The listed underwriter's chief executive Tom Gitogo said this was in line with the company’s plan to...

Billionaire Chris Kirubi: how to raise capital for your business

How do I get capital to start my own business? More often than not, many young people ask me this question and I am left wondering how I will help each and every one of them. It is not...

Equitel’s transactions jump to Sh. 151 million from Sh. 13.7 million

Equity Bank's mobile banking platform Equitel recorded a 1000 per cent growth in transactions from 13.7 million in 2014 to 151milion in 2015. Speaking during the release of the 2015 full year financial results, Equity Group Holdings CEO Dr. James...

9,000 small farmers to supply soya beans and sunflower seeds to Bidco

Bidco has entered into an agreement that will see 9,000 small scale farmers supply the company with soya beans and sunflower seeds. The agreement has been signed together with Shaleem investment Limited, a social enterprise that links small holder farmers...

Equity Bank now freezes expansion drive

Equity Bank has shelved its regional expansion plans announced last year with the management saying it was instead reinvesting in existing markets. The largest bank by customers in the country had raised Sh20 billion from shareholders for the plan which...

My journey from truck driver to owning a multi-million business

Mrs Josephine Gichuru looked for a job when she could not further her studies due to lack of fees after completing high school education in 1984. She was employed as a truck driver in a fisheries company where she...

Car insurance in Kenya

Motor insurance otherwise known as auto cover is one of the mandatory requirements before one is allowed on the road with their vehicle. The Kenyan traffic laws Act 405 makes it a basic requirement for all vehicles on the...

Specs & review: Toyota Rumion

Toyota corolla Rumion released in a series of Corolla. This car has all the essential qualities Corolla, supplementing them with a comfortable and spacious interior. Exterior Rumion distinguish straight lines, angular, "a box" design silhouette of the individual body,...

We couldn’t get formal jobs, now we make millions from chicken farming

When Eston Manegene gave up formal employment, he knew he would have to work hard to succeed. Having reared chicken before, the 25-year-old was sure that with good research, best practices and great passion, he would earn more from poultry...

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TSC: All teachers to renew their licenses every 5 years

All TSC teachers serving or licensed by the Teachers Service Commission (TSC) will be required to renew their teaching...