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Bizna Reporter

9 steps to becoming a millionaire before age 30

Here are some steps to follow in order to start your journey towards becoming a millionaire. 1. Focus on profiting from boring niches. So many people today think that if they want to become a millionaire, then they need to do...

End of Kenchic

Tough competition in the fast food business has forced poultry company, Kenchic, to close down all its restaurants across the country. The company will now concentrate on scaling up its chicken processing activities for supply to local and international rivals. A...

Easy way to dry-clean your car’s engine for better efficiency

WE all love a clean engine, right? The problem with modern vehicles is that their powertrains have many electronic control modules, actuators, switches and a vast number of connectors. And none of those components like water. Spraying these delicate...

Centum invests in wedding blog

Centum Foundation has invested an undisclosed amount in Blissful.co.ke; a website that connects businesses in the weddings and events industry to prospective clients. It becomes the first startup in which Centum Foundation will invest in this year. The announcement comes a...

How TransCentury’s fortunes have fallen apart

Kenya’s corporate landscape has in recent weeks been gripped by the changing fortunes of investment firm TransCentury (TCL) and the unexpected exit of its chief executive Gachao Kiuna three weeks ago. The company, whose exceptional success popularised investment clubs (commonly...

Forbes 2016: 22 richest billionaires in Africa

With 22 African billionaires this year, the number on the list has dropped by seven, compared to 29 the previous year. The list, which is available in the February issue of Forbes Africa, is dominated by Egyptians, who have...

I don’t regret quitting my job for dairy farming

Had Denis Rosana realised during his 13-year tenure as a driver that dairy farming is a money-spinning venture, he would have quit in his first year of employment. Rosana's farming venture has done so well in the past five years...

Kengen gets Sh. 38 billion loan for new plant

The electricity generating agency has secured a Sh38 billion loan from Japan to fund a new power plant in Olkaria. Kenya Electricity Generating Company (KenGen) says the deal with the Japan International Cooperation Agency (JICA) will fund the construction...

Ciano: top Uchumi shareholders to blame for my downfall

Speaking for the first time about the events that preceded his unceremonious sacking, former Uchumi CEO Jonathan Ciano has said that he knew he would be fired soon after Uchumi's rights issue was completed in December 2014. READ: Kipng'etich: Jonathan...

KQ shareholders to be stuck with negative net-worth for 4 years

Kenya Airways shareholders are likely to be stuck with a negative net-worth position for the next four years even if the company’s profit position recovers under the restructuring, analysts at Genghis Capital say. KQ ended up in negative equity position...

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