Bizna Team

KCB to lend KES. 5 Billion to firm in green loan financing

Joshua Malii: Green loan financing: Corporate bank, KCB is preparing to lend a KES.5Billion loan to an infrastructural firm in Kenya, being the first firm to receive green funds. This comes almost two years after KCB’s accreditation in 2020 by...

Safaricom Crosses 30 Million Monthly Active M-PESA Customers

M-PESA customers: Lipa Na M-PESA Part of Key Growth Driver as Service Continues To Focus on Digital Services and Regional Expansion Safaricom (NSE: SCOM) has today announced that M-PESA has crossed 30 million customers using the service every month...

KCB Foundation Extends Support Towards Tana River Conservation

Tana River Conservation: Efforts to conserve the source of Nairobi’s water supply have received a boost following the signing of a Memorandum of Understanding between the KCB Foundation and the Upper Tana Nairobi Water Fund. In the first part of...

Keroche’s letter to Kenyans: How and why war with KRA began

Keroche Tax Evasion Case: Keroche Breweries Limited being a law-abiding Kenyan Company did not want to discuss anything that is in court but because one of the most respected institutions in the Republic of Kenya has decided to put this...

Relief for thousands of students as pending HELB loans are disbursed

HELB Loans: An estimated figure of 75,000 first year students across the country finally heave a sigh of relief as the Higher Education Loans Board disburses pending loans to university and college students. The state-formed statutory department formed under...

Moderna set to establish a Kshs.57 Billion vaccine manufacturing facility in Kenya

Joshua Malii: American pharmaceutical giant, Moderna, is set to establish the largest messenger - RNA vaccine manufacturing facility in Africa after reaching a Memorandum of Association (MOU) with Kenya. The company expects to invest $500 million (Kshs.56.95 Billion) in the...

Guo Ping: A sustainable future for technology requires a change in our paradigm  

Guo Ping: The global digital economy is developing rapidly and over 50% of world’s GDP is expected be digitalized in 2022, as demand for digital products and services continues to surpass expectations. According to the Digital Economy Report 2021 prepared...

Nairobi County to sell land, furniture to pay Sh. 4.4 billion KCB loan

Nairobi County Loans: The Nairobi County Government is set to offer a large clearance sale in a bid to pay off a Sh. 4.4 billion KCB loan it has defaulted. In the sale, Nairobi County will put its land...

Better Money Management Practices You Can Implement

Money management practices can be improved in a number of ways. Higher-income and lower expenses, higher income and the same expenses, the same income and lower expenses, or lower-income and even lower expenditure. The point is better money management practices...

Centum appoints Risper Alaro as finance director

Centum Investment Company Plc has appointed the former managing director of one of its subsidiaries, Risper Alaro, as the group finance director effective March 15. Ms Alaro worked in Centum for 18 years in various capacities, including the director of finance and...

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CIC Insurance Group profit surges 70% to Shs1.09 Billion in H1 2026

CIC Insurance Group PLC records a 70% increase in profit after tax to Ksh 1.09 billion for the six-month...