Wednesday, March 4, 2026
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Bizna Reporter

Mechanic invents car that runs on water

A car mechanic from India claims to have designed an astonishing car that runs on water. Mohammad Raees Markani, 44, has been modifying an 800 cc engine for the last five years - and now believes he has made...

Kenya’s poorest MP who dabbles as a reggae Dj

The following feature was first published in Nairobi News. Though he earns almost Sh1m each month, Kiharu MP Irungu Kang’ata has been described as the poorest legislator in Parliament. And his dressing style does not help the situation. The man hates...

Kenya Power starts connecting homes at Sh. 15,000

Thousands of homes will this year be connected to the electricity grid at a cut-price in what will remove darkness from many villages and trigger increased economic activity. Kenya Power will connect homes to the national grid for Sh15,000, down...

Home Afrika warns its profits will fall for third year in a row

Home Afrika Ltd has said its 2015 profit would be at least 25 per cent lower than the previous year, hurt by an increase in financing costs for its ongoing infrastructure projects. The firm, which is listed on the Nairobi...

5 key steps to becoming a millionaire in 2016

Becoming a millionaire in 2016 There are so many people today who think that their twenties are a time where they must struggle financially. However, this doesn’t have to be true. There are in fact ways to become a millionaire...

Happy New Year from Bizna: Be blessed, Be prosperous

Bizna wishes you a Happy Happy New Year. As you reflect on the just ended year 2015, Bizna wishes you good tidings and blessings in the coming year. Bizna also takes this opportunity to thank you for taking time to...

Government pays third Sh. 9 billion Eurobond interest

The Treasury last week paid Sh9.1 billion as the third interest instalment for the Eurobond as yields in the secondary market remained high over local political controversy. The government normally has 15 working days to settle interest payments from the...

CENTUM: We don’t cook our books, here’s your accounting queries clarified

Allegations of financial impropriety were made against Centum Investments. Bizna sought clarification and below is the accounting response (in bold) by the investment firm associated with billionaire investor Chris Kirubi. Consolidated Statement Of Financial Position (ie Balance sheet ) In 2014...

Kenya’s economy grows by 5.8 per cent

Kenya's economy grew 5.8 percent in the third quarter of this year, driven by construction and agriculture and helped by a more gradual decline in tourism compared to last year, the statistics office said on Wednesday. Economic growth for the...

Pan Africa becomes 15th company to issue profit warning

Pan Africa Insurance Holdings has said that its 2015 full-year earnings will drop by at least a quarter, growing the list of NSE-listed firms that have issued profit warnings to 15. The insurer announced Tuesday that its anticipated profit drop...

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Kenya Pipeline Company IPO oversubscribed by 105.7% to raise KSh 112.37 Billion

The Government of Kenya, through the Privatization Authority, has today announced the results of the Kenya Pipeline Company (KPC)...
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