Tuesday, December 9, 2025
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Bizna Reporter

Mobile transactions in Kenya hit 1.3 trillion in 6 months

Money transacted through mobile phones hit Sh1.3 trillion in the first half of 2015 compared to Sh1.1trn at the same period last year. This was helped by increased adoption of the service, growing integration with other financial and non-financial services...

Remote controlled greenhouses launched

Greenhouse farming: Farmers are set to cut farming expenses following the launch of a remote monitored greenhouse. Synnefa Green Ltd has come up with sensors that monitor temperature, humidity, soil moisture, water supply and much more. These statuses are transmitted to...

Government to probe KQ over mega loss ahead of Sh. 60 billion bailout bid

The National Treasury will scrutinise Kenya Airways before any bailout plan is put in place after it emerged the firm will require Sh60 billion to bring it back to profitability. The airline has sought the services of both Mackinsey and...

Why small sized heifers lead to poor milk production

Using artificial insemination (AI) allows a dairy farmer access the best bulls in the world so as to get the desired improvements in the daughters born from this bull. For size, this improvement will be seen after birth and...

EABL posts Sh. 9.6 billion net profit, pays dividend

East African Breweries has announced a 40 per cent jump in profit for the year ending June 2015 to Sh9.6bn. The brewer credited the growth in profits amidst harsh economic times in the region where it has a large presence...

Why ‘No cash No love’ is the way to go

Urbandictionary.com defines a gold-digger as a man or woman who uses their sex appeal to get money from the opposite sex. The term was borrowed from the California Gold Rush of the 1890s, when miners flocked to the area...

Billionaire Chris Kirubi: take KQ off NSE and give it to key investors

Kirubi who attended the Thursday investor briefing, feels that it was time to stop doing the same thing and expect different results by continuing to pile debts at Kenya Airways and expect it to get back to profitability. He says...

TPS Serena records half year loss

Negative travel advisories and the impact of the Ebola crisis in West Africa last year pushed TPS Serena into loss in the first six months of this year. The hotel chain made a loss of Sh97 million in the first...

Move away from buying stocks to bonds

The following analysis by George Bodo was first published in the Business Daily. You should no longer buy stocks at the NSE. Instead, you should closely watch them and consider shift to bonds. There have been three risks to buying...

KCB posts Sh. 9 billion half year net profit

KCB has posted a Sh. 13.2 billion profit before tax and a Sh. 9.2 billion net profit for the 2015 half year. This was an increase of 13 per cent from the Sh. 11.7 billion the bank recorded the...

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