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...
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...
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...
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...
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 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 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...
What is in a name? For Professor Miriam Kinyua, it was the only collateral she used to secure seed capital to launch a school.
Many lenders dismissed her. “Professor, raise about Sh5 million and we shall offer you a loan,”...
Nakumatt Supermarkets is set to open an outlet in Kiambu town by the end of next year, becoming the first of the five major retailers to set up base in the bustling urban centre.
The country’s biggest retailer by revenue...
Is this the year you want your financial picture to shine? We’ve got some good news: There are no tax increases looming, and the banking, housing and labor markets are solid. That means this is the perfect time to...
