Bizna Reporter

Man deported by Uhuru gets multi-billion Ruto affordable houses deal

A company that is associated with a man who was deported from Kenya by the government of former President Uhuru Kenyatta has bagged a multi-billion deal to construct the Ruto affordable houses. The company known as MHOA Africa Limited is...

State “invests” Sh. 46 billion collected from affordable housing tax in T-bills

Billions of money that have been collected under the affordable housing tax have been invested in Treasury Bills (T-Bills). According to the Affordable Housing Board acting chief executive officer Sheila Waweru, some Sh. 46 billion collected from this tax...

Trump hits all steel and aluminium imports with 25 percent tariffs

US President Donald Trump has announced a fresh set of tariffs targeting all steel and aluminium imports. The US president ordered that all steel and aluminium imports be subjected to a 25 per cent import tax. This is a big...

Cheaper loans at Co-op as bank cuts its base lending rate to 14.5 percent

The Co-operative Bank of Kenya has announced a cut in its base lending rate. The bank has announced that effective immediately, its base lending rate has been slashed from 16.5 per cent to 14.5 per cent. The bank becomes the...

DTB to repossess 20 Ashok trucks from contractor over Sh. 101mn debt

The Diamond Trust Bank is repossessing 20 Ashok trucks from a contractor who defaulted a Sh. 58 million loan that has ballooned to Sh. 101 million. This is after the High Court made a ruling in favour of the...

Trucks to face mandatory use of Nairobi–Mombasa Usahihi Expressway

Heavy commercial vehicles will be compelled to only use the Nairobi–Mombasa Usahihi Expressway. This has been established following revelations that the tolls expressway whose construction is expected to kick off in late 2025 shall rely on heavy commercial vehicles for...

Trump hits South Africa over new land law, case against Israel

US President Donald Trump has signed an executive order freezing financial aid to South Africa over a new controversial land law and the country's case against Israel. Trump, in the order, claimed that the new law that was signed by...

Puzzling details on how patient was slaughtered in KNH hospital bed

Detectives are scrambling to solve the gruesome murder of a patient who was slaughtered inside the Kenyatta National Hospital. The patient who has been identified as Gilbert Kinyua was found dead in his KNH hospital bed inside Ward 7B at...

Trucks and buses body builder LSHS collapses over Sh. 1.1bn KCB debt

Trucks and buses body builder LSHS has been placed under administration over a Sh. 1.1 billion loan it owes the KCB Group. Bus and trucks body building firm whose full label is Labh Singh Harnam Singh Limited (LSHS) was...

KRA to block bank accounts, PINs of jua kali workers over housing tax

The Kenya Revenue Authority (KRA) is now planning to start blocking the bank accounts and pin numbers of workers in the informal jua kali sector over the government's controversial housing tax. The KRA claims that jua kali workers have not...

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