Wednesday, March 18, 2026
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Bizna Reporter

Safaricom full year profit drops by Sh. 15 billion on heavy Ethiopia investment

Telecommunications firm Safaricom has released its full year results for the financial year ended March 2023. In the results, Safaricom has recirded a 22.2 per cent profit drop. This drop has seen Safaricom's annual net profit fall from Sh. 67.49...

Local company develops way for M-Pesa users to send money anonymously

Kenyans sending money via M-Pesa will now be able to send money without revealing their details to the recipients. This follows a new innovation by a local start-up that will allow M-Pesa users to send money anonymously. The new innovation is...

Benmark Ng’ang’a: How I started my construction business with Sh. 20,000 loan

Benmark Ng'ang'a is a Civil Engineer by profession. He is the founder and managing director of Lifesize Design and Build (EA) Ltd, a Kenyan design and construction firm. I started this construction business in 2015. At the time, I was...

Angela Kariuki: Why buying land is not always the wisest money decision

Majority of Kenyans want to own a piece of land. Many will take loans to buy plots; others will spend all their savings purchasing plots. Land in Kenya is perceived to be the ultimate investment. But is it? This is...

Businessman Peter Njonjo’s company acquires Maisha Microfinance Bank

A company that is associated with businessman Peter Njonjo has acquired Maisha Microfinance Bank. Peter Njonjo is the founder if Twiga Foods. He has acquired Maisha Microfinance through Cactus Cantina Investments Limited (Cactus Cantina). This is after Cactus acquired a...

James Sang: I moved to US on visit visa, refused to return to Kenya, got green card

Getting the chance to immigrate to the United States of America is not a bed of roses. From visa application to the moment you take your flight, the journey is full of hurdles. Then after landing, you will face untold...

Safaricom launches Fuliza for Business with limits of up to Sh. 400,000

Safaricom has launched Fuliza for business. The new Fuliza service that is targeting businesses will come with limits of up to Sh. 400,000. The new service has been dubbed as Fuliza ya Biashara and will see borrowers pay zero interest...

This is how you can ensure you’re not cash poor after retirement

Running out of cash is one of the main difficulties most retirees face after leaving formal work. Granted, you may have built up a stock of assets such as land or plots. In most cases, though, the income from these...

US hikes visa application fees to between Sh. 25,000 and Sh. 42,000 for Kenyans

The United States of America has increased visa application fees for Kenyans seeking to travel to the US. According to the new visa application fees, Kenyans will pay Sh. 25,160 for a visit visa application. This will be an increase...

Safaricom launches new M-Pesa payment method

Telecommunications firm Safaricom has launched a new M-Pesa payment method that will run under the Central Bank of Kenya's Kenya Universal QR code. With this launch, customers will now be able to make digital payments in an easy, fast, convenient,...

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HF Group appoints Sam Makome as HFC Chairman, Elizabeth Gitau joins board

The appointments, which took effect on March 13, 2026, are part of HF Group’s ongoing efforts to strengthen governance,...
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