Bizna Reporter

Second had car dealers go to court over excise duty date

An association of vehicle importers wants a decision by Treasury Cabinet Secretary Henry Rotich, setting December 1 last year as the date when the Excise Duty Act 2015 became effective, quashed. Through lawyer Gikandi Ngibuini, Car Importers Association of Kenya...

KQ sells Heathrow landing slot to Oman Air for Sh. 7.5 billion

Kenya Airways (KQ) has sold off its prime landing slot at London’s Heathrow airport to Oman Air for an estimated Sh7.5 billion. The decision to sell off the landing slot at one of the world's prime airports has attracted criticism,...

How to detect, prevent and treat mastitis in your dairy cow

Mastitis in dairy cattle is the persistent inflammatory reaction of the udder tissue. It is a potentially fatal mammary gland infection. It is caused by infectious bacteria which is the main cause or non?infectious agents like trauma to the udder. The...

Why you should consider getting third party car insurance

The third party cover is one of the most popular insurance covers for vehicles on Kenyan roads. Of course, this cover is very limited and does not protect the car owner from personal risks. It however takes care of...

Home Afrika gets contractor to build Sh. 3 billion sports complex

Home Afrika has picked Egyptian company Wadi Degla to build and manage a Sh3 billion sports complex at its 775-acre Migaa gated golf community in Kiambu. Home Afrika's managing director Dan Awendo says the Egyptian company’s local subsidiary, Wadi Degla...

Uchumi posts Sh. 1 billion loss in six months

Uchumi Supermarkets has announced a pre-tax loss of Sh1 billion in the half-year ended December, widening the negative earnings of Sh262.3 million reported a year earlier. The company did not disclose its net loss position in its statement of accounts...

EAC leaders considering banning importation of used cars

East African Community (EAC) leaders are considering banning the importation of used vehicles, clothes and shoes to promote motor vehicle assembly and the textile and leather industries in the region. The ban is among the issues the 17th Ordinary EAC...

Fusion Capital to issue two D-Reits

The Capital Markets Authority (CMA) has given Fusion Capital the green light to issue two Development Real Estate Investment Trusts (D-REIT), the first such securities to be launched in Kenya. Fusion Capital plans to raise a maximum of Sh7.4 billion...

5 skills from self-made millionaires you need to use

1. Be able to identify fruitful opportunities. Carlos Slim Helu, Mexican business magnate and philanthropist, said, “When there is a crisis, that’s when some are interested in getting out, and that’s when we are interested in getting in.” Learn to identify...

Stanlib to set up Sh. 1.2 billion mall in Athi River

South African investment firm Stanlib is increasing its investment in Kenya’s property sector with the planned construction of a Sh1.2 billion shopping mall in Athi River town, which is just outside Nairobi. Stanlib, through its Africa Direct Property Development Fund,...

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Kericho County announces 456 job vacancies across key departments

The Kericho County Public Service Board has announced 456 job vacancies across various departments as part of an ongoing...