Bizna Reporter

CBK raises base lending rate; Kenyans to pay more on loans

The Central Bank of Kenya has raised the base lending rate for the second consecutive time. In the review made on February 6, 2024, the CBK raised the base lending rate from 12.5 per cent to 13 per cent today....

Inside CBK’s bid to take Shilling to 155 against US dollar

The Central Bank of Kenya has launched an effort aimed at resuscitating the weakening Kenya shilling. In the current effort, the CBK is hoping for a recovery to 155 against the US dollar from the current lows of 160. This...

Ann Ayub: How my spa business broke even after starting with Sh. 1.5 million capital

Ann Ayub is the founder of Skinsational Spa, a one stop spa business for beauty services, therapy and home skincare products. A good business fulfills a market need. When I was starting out, I found a need in modern beauty...

I quit my job to start a business, went broke, then recovered, became profitable

Lilian Nyaranga is an educator and the founder of Elimu Shop, a social enterprise that deals with the creation of interactive game-based mathematics and sciences learning resources for children aged 6 to 18 years. I resigned from my employment in...

My graphics business in Nairobi took three years to break even

Robert Chege is a graphic designer, video creator and video editor and the founder of Robert Graphics Brand, an SME graphics business. I got into the graphic design business right after graduating from Kenyatta University. I had studied theatre arts...

I lost my job, started a business with Sh. 10,000, took 3 years to break even

Chris Munyao Kioko is the founder and director of Risvo Enterprise, a business that offers professional graphic design, printing and branding services. I was employed at a business that supplied printers before I started my business. The idea of launching...

Rose Kamene: Banker helping women to save, invest, grow their own wealth

Rose Kamene is the head of Women Banking at Family Bank In my current role, I lead the recently launched Queen Banking proposition which provides wholistic solutions to women by addressing their financial and non-financial needs. It ranges from unsecured loans, WASH/agribusiness...

How you can invest in land with Fanaka while living abroad this year

Are you wondering how to purchase land in Kenya while living abroad? Don't worry; as Fanaka, we are here to provide you with a step-by-step guide on how to make it happen. Many Kenyans who live or work overseas look...

I quit my formal job to start mitumba business; took two years to break even

How I cracked the mitumba importation business at Gikomba Jane Kangethe Wamuyu is the founder and managing director of Best Mitumba Bale's Ltd, a company that deals with wholesale and retail mitumba bale's at Gikomba. 70 per cent of my clients...

New Canadian rules to make it nearly impossible to study in Canada

For a while now, Canada has been a top destination for people looking to further their studies. The Canadian study permit has been one of the most sought after in the world. This because of the promise of post-graduate work...

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Safaricom inches closer to 60M users in Kenyan market

The latest sector statistics from the Communications Authority of Kenya (CA) for the Third Quarter of the 2025/2026 financial...