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Bizna Reporter

Loans borrowed on Equitel hit Sh. 4 billion

Loans borrowed from Equitel mobile money have hit Sh4 billion since its launch, underlining the vast potential of mobile banking in the country. Equity Bank CEO James Mwangi said an average Sh5,000 is borrowed daily, with most borrowers using the...

Local company awards all employees Sh. 11 million each as bonus

Employees of investment firm Centum Investments of whom billionaire investor and entrepreneur Chris Kirubi is a major shareholder are smiling all the way to the bank. This is after they were awarded Sh. 11 million each as bonus payments...

Fuel-efficient cars: the best and the worst

Best fuel efficiency: 1. Toyota Prius Hybrid (48 mpg city, 45 mpg highway) --  The most popular hybrid car on the road today, this sedan is roomy and comfortable, and average on performance. 2. Honda Civic Hybrid (40/45) -- The Civic...

Zuku slashes unlimited internet, TV and phone prices

Wananchi Group’s home entertainment brand, Zuku has refreshed its triple play platform with the launch of Zuku Fiber Infinite packages at reduced prices. Dubbed “Go Infinite Life Got Better”, the new packages will enable customers to enjoy Infinite Internet, Infinite...

Simba Colt Motors unveil all-new Mitsubishi L200 SUT

Simba Corporation, has sent out yet another clear signal on its intent to lead the Kenyan automotive market with the local launch of the latest, all new Mitsubishi L200 pickup truck. With the entry of the all-new Mitsubishi L200 single...

KQ is most expensive flight from Kenya on key routes: see shocking price comparison

The following feature was first published in The Star newspaper. Kenya Airways is losing out to rivals due to high fares even as the national carrier struggles to recover from a massive loss. Ticket prices from the airline’s hub at...

Start-ups biggest winners as Companies Bill 2015 is signed into law

The Companies Bill 2015 has been signed into law, replacing the Companies Act Schapter 486 of the Laws of Kenya. The new laws were signed by President Uhuru Kenyatta earlier this week and are aimed at revolutionalizing business in the...

Private school in Nairobi sold for Sh. 3.6 billion

Brookhouse International School has been sold to Educas, a United Kingdom-based private equity fund, for Sh3.6 billion. The school was the venue of Kenya’s first ever presidential debates that featured eight candidates ahead of the 2013 general elections. Founded by Piyush Mehta...

How to use stockbrokers’ reports on buy or sell recommendations

The following opinion feature by investment expert Rufus Mwanyasi was first published in the Business Daily. Anyone who has an investment account with a broker must have received a stockbrokerage research report recommending stocks for either buy or sell. Brokerages, who...

Review & Specs: 2014 Toyota Probox and Succeed

The Toyota Probox and Succeed come 12 year after the first generations arrived on the scene in Japan and bring a host of new features. The models are based on the same platform and are powered by 1.5-liter DOHC...

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