Sunday, December 28, 2025
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Bizna Reporter

IFC reduces investment in Stanlib REIT after poor market performance

The International Finance Corporation (IFC) reduced investment in Kenya’s first Real Estate Investment Trust (Reit) to avoid breaching its rules after poor market response to the issue. The investment rules of the World Bank’s private financing arm do not allow...

Kenya Airways now unable to pay its employees

Employees of troubled national carrier Kenya Airways face an uncertain Christmas after the airline said it was unable to pay their November salaries due to a cash crunch. “We would like to inform all staff that due to unforeseen circumstances...

Kenya to offer Sh. 30 billion infrastructure bond in two weeks

Kenya will issue a nine-year infrastructure bond for up to Sh30 billion in December to fund energy, water and road projects, the central bank said on Friday. The bond, which will be auctioned on December 9, will be free from...

Pope Francis: I know of private developers who grab school playgrounds

Pope Francis pulled no punches in Kangemi when he took on ‘private developers’ and water cartels in the slums. The Holy Father said it was regrettable that private developers sought to grab even school land in what appeared to be...

5 easy fuel-efficient driving techniques

  1). Don’t be a lead foot. Putting the “pedal to the metal” wastes gas because the harder you accelerate the more fuel waste. Press the accelerator pedal gently. A good rule of thumb for optimal fuel efficient driving is to...

7 truths every millionaire knows about business

The following feature is by Self-made millionaire and business expert Daniel Ally. When I walk into a store, I always tell the salespeople, "Sell me something." Especially when I love the store. At Samsonite, the luggage retailer, I expected superior service. My...

How retired soldier started multi-million Meru flower farm

The following feature was first published in the Seeds of Gold Magazine. About 50km from Meru town in Timau on the slopes of Mt Kenya, there is a flower farm where roses are blooming inside greenhouses, waiting to end up...

How I faced and defeated deadly poultry disease

The following feature is the diary of Subiri Obwogo, a poultry farmer. Sometime in January last year, a poultry disease broke out in the neighbourhood and spread like coal fire. I like to tell this story because I have had trouble...

Pope Francis slows down in Nairobi for elderly lady to touch him

Pope Francis today had his Honda Ballade car slow down to have an elderly lady touch his hand. As Pope Francis' car then drove off, the touched elderly lady sat down and broke in tears. Pope Francis was leaving the papal...

K-Rep offering low-cost houses

K-Rep bank’s development agency has partnered with American firm International Green Structures (IGS) Kenya Limited, to provide financing for affordable and high quality prefabricated houses, ranging in price from Sh800,000 and above. International Green Structures provides prefabricated housing using IGS...

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