Bizna Reporter

Treasury: how we spent Eurobond money

The National Treasury Wednesday maintained that the proceeds of the Sovereign Bond and the Tap Sales were used to fund part of the development budget for the financial years 2013/14 and 2014/15. It said only three transactions were carried out...

It takes a company 8 days to file tax returns in Kenya

Kenya rose one position to 101 in the annual global survey by the World Bank and PwC that measures the number of taxes paid by companies and time taken to comply. The latest edition of the Paying Taxes report indicates...

You have 10 days to probe Eurobond saga, Tobiko orders EACC

Director of Public Prosecutions (DPP) Keriako Tobiko has ordered the Ethics and Anti Corruption Commission (EACC) and the CID to complete investigations on the Eurobond within 10 days. In a statement, Tobiko wants the State agencies to interrogate all those...

EABL top manager resigns over claims she organized tobacco bribes for Wetangula

The bribery claims levelled against UK’s British American Tobacco (BAT) Tuesday spread its tentacles across corporate Kenya sucking in rival Mastermind Tobacco and forcing out an East African Breweries Limited (EABL) executive. The British Broadcasting Corporation’s (BBC) Panorama expose found...

Mark Zuckerberg to give 99 per cent of his Facebook shares to charity

Facebook Inc (FB.O) Chief Executive Officer Mark Zuckerberg and his wife said on Tuesday they will give away 99 percent of their Facebook shares, currently worth about $45 billion, to a new charity in a letter addressed to their...

Beware: Poultry disease that could reach your poultry farm soon

The following is the diary of Dr Subiri Obwogo is a poultry farmer and a medical doctor. Knowledge is one asset any farmer must invest in and one should be prepared to learn every day to stay ahead of new...

How I started my delivery company at 25

Imagine being in the middle of an important and urgent task at the office, with the bank set to close in less than an hour, yet you need to deposit some money in your account for a standing order...

Why Atlas closed down

The following feature was first published in the Business Daily. The extent to which Kenya’s nascent oil industry has unravelled emerged on Tuesday as logistics firm Atlas Development liquidated local operations on uncertainty over payment of Sh225 million ($2.2 million),...

How to look after a lame cow

In basic terms an animal that cannot walk properly suffers from a kind of lameness. This condition points to a health problem with the animal’s locomotion system specifically the hind and fore limbs. Lameness results in difficulties in walking, a...

How I overcome challenges to succeed in my jewellery business

The jewellery business is the most difficult to deal in since it relies on a mouth to mouth marketing but for Ragini Patel's family, it has been a forty five year long journey. Located at New Stanley Hotel’s ground floor...

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Safaricom doubles Home Fibre speeds to power smart living customers to enjoy faster internet at no extra cost across all plans

Safaricom doubles Home Fibre speeds Safaricom has announced an upgrade to its Home Fibre offering, increasing internet speeds by up...