Bizna Reporter

Meet the first billionaire blogger

Linda Ikeji , Celebrity Gossip Blogger, www.lindaikeji.blogspot.com Born in 1980 to a struggling Catholic family, the second of seven children. Had developed a passion for writing by the age of 10, with interest in news Linda Ikeji was admitted to study English at  the University of...

Why fuel prices will stay high in Kenya until March

A time lag of about one-and-a-half months between when an order for petroleum products is placed and its actual receipt at the local depots is the main reason motorists will pay higher prices for fuel at a time when...

Kenyan billionaire investor with Sh. 1.7 billion Kakuzi shares

Billionaire investor John Kibunga Kimani has raised his shareholding of agricultural company Kakuzi to 27.41 per cent, equivalent to Sh1.7 billion as per the company’s current market price. The latest regulatory filings show that Mr Kimani raised his stake in...

No Eurobond cash was stolen, anti-corruption authorities say

The following report was first published in the Daily Nation. Anti-corruption authorities, after interviewing more than 30 government officials, have concluded that no money was lost or laws broken in the Eurobond transactions. The Ethics and Anti-Corruption Commission has advised the...

Barclays Africa set to close Nairobi office over redundancy

Barclays Africa Group will close its regional management office based in Nairobi shifting all support role to its South Africa premises. The office will be closed in March. The move is expected to see redeployment of over 30 staff based here...

30 stolen cars found in Karen car yard

Nine men were on Thursday arrested at a car yard in Karen where police found at least 30 vehicles believed to have been stolen. Karen CID boss Kenneth Njoroge said police were yet to trace the owner of the yard. READ:...

NSE valuation slips below Sh. 2 trillion

Shareholder wealth at the Nairobi Securities Exchange slipped below the Sh2 trillion mark Thursday as large counters recorded price drops. Market capitalisation dropped by Sh13 billion Thursday to close at Sh1.99 trillion as the bear run continued ahead of unveiling...

Old Mutual acquires 50 per cent stake in Chris Kirubi’s Two Rivers project

Old Mutual has invested Sh6.4 billion in the holding company of Centum’s Two Rivers Mall, giving it an equivalent 50 per cent stake in the firm. The multinational has taken a 10 per cent stake in Two Rivers Lifestyle Centre...

All you need to know about check engine light

The check engine light is part of your vehicle's onboard diagnostics (OBD) system.  Computers have control and monitor vehicle performance, regulating such variables as engine speed (RPM), fuel mixture, and ignition timing, and may even tell the automatic transmission...

Where your small business can get funded and mentored

Businesses, especially start-ups, always grapple with a series of challenges. Overcoming these setbacks calls for determination, ingenuity and resilience. Aside from these key ingredients for success, mentoring is now emerging as one of the determinants of whether or not a...

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