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Bizna Reporter

Co-op Bank introduces agent banking inside its banking halls

Co-operative Bank has become the first lender to station agents inside branches in a bid to eventually woo customers from its banking halls and lure them to use alternative banking channels. The move is likely to see the lender further...

Safaricom to launch targeted post-paid tariffs

Safaricom is set to launch a new post-paid tariff plan that will cost between Sh1,249 and Sh19,999 per month for a pre-set amount of talk time, SMS and data usage. The operator in an internal memo told its staff last...

Diamond Trust Bank opens Embu branch

The Diamond Trust Bank on Friday opened its 54th branch in Embu, as it embarks on a major expansion plan to widen its reach to customers in the counties. The bank’s head of branches and alternate channels, Mr George Otiende,...

Galana irrigation budget slashed by half

The government has slashed the cost of the Galana irrigation scheme by half to Sh7.2 billion from initial budget of Sh14 billion. This is after the inter-ministerial task force reviewed the Galana contract and phased out non-essential components including the...

Eveready cuts net losses by more than half

Eveready East Africa cut its net losses by 56 per cent in the year ended September 2015 but remained far from making a profit for shareholders. The firm’s Sh77.7 million loss in the period, down from Sh177.5 million the year...

Family Bank CEO to quit in June

Mid-tier lender Family Bank will have to scout for a new boss after its current Chief Executive Officer Peter Munyiri announced that he will relinquish his position in June. Munyiri, who joined the bank in 2011 following the resignation of...

Uchumi: why we’ll no longer sell Lang’ata Hyper branch

Retail chain Uchumi Supermarkets has changed tack on its ongoing sale of assets, preferring to only dispose part of the land on which the flagship Ngong Road branch is built and part-lease the Lang’ata Hyper store. Uchumi attributed the changes...

Common causes of radiator problems and how to solve them

Radiators play a very vital role in the running of the car and maintaining the engine. A radiator has fins where water passes through a thin layer lined up vertically. The water is cooled through a fan before it...

Netflix is immoral and a threat to national security, says Kenya films board

The Kenya Film Classification Board (KFCB) has defied the ICT Cabinet Secretary on the regulation of US video streaming service Netflix, saying that it streams immoral content. The board states that Netflix must conform to local regulations, since there is...

Kick out all our managers, KQ pilots demand

A lobby group wants the top management of Kenya Airways disbanded within seven days, citing lack of confidence in its ability to oversee the troubled carrier’s recovery from a massive financial loss. The Kenya Airline Pilots Association (KALPA), in a...

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