Tuesday, March 3, 2026
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Bizna Reporter

Equity Bank posts Sh. 8.5 billion half year net profit

Equity Group posted an 11.8 per cent net profit growth in the half-year ended June on the back of higher interest and transaction-based income. The bank’s net profit in the six months to end of June stood at Sh8.5 billion...

Equitel gains market share as Airtel, Safaricom decline

Equity Bank's recent entry into Kenya's mobile telephony sub-sector has disrupted the market share of traditional mobile service providers. This is as the bank shares the spoils in a crowded market. According to the latest data from industry regulator, Communications...

Analysts: KQ needs Sh. 100 billion bailout

National carrier Kenya Airways requires up to Sh100 billion new funding to stay afloat, Standard Investment Bank analysts have estimated. The amount is required in the form of fresh capital injection to reduce the carrier’s debt burden. KQ may also need...

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...

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I’m 21 with Sh8,000 job. How do I raise Sh150,000 for plant and machinery course?

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