Bizna Reporter

Safaricom now to run fertilizer distribution system

Safaricom has been contracted to pilot an electronic-based fertiliser distribution system that will avail the farm input to farmers early and help eliminate corruption from the subsidy scheme. The ministry of Agriculture has said that ‘E-fertilizer Subsidy Management System’ will...

Chris Kirubi defends Haco staff over profit manipulation, blames poor morale for sales dip

Directors of Haco Tiger Brands have defended their company on allegations of financial impropriety, saying the dip in sales was as a result of low staff morale. Releasing financial results last week for Tiger Brands, which is listed on the...

What awaits Equity Bank in DR Congo

The following opinion feature by investment analyst George Bodo was first published in the Business Daily. Equity Bank’s purchase of a 79 per cent stake in ProCredit Bank DRC marks the end of ProCredit Holding’s presence in Sub-Saharan Africa (SSA)....

Aga Khan Hospital to pay woman Sh. 4.3 million child support after failed birth control

A hospital has been ordered to fund the upbringing of a child who was conceived after a long-term contraceptive implant on her mother failed. The High Court directed Aga Khan University Hospital family planning clinic to pay the woman (name...

Poultry farmer who developed kit to test egg fertility

A local agricultural innovator developed a kit for poultry farmers to use in checking egg fertility and assess progress during incubation. Called ‘Candling box,’ farmers can use the kit to know which hens lay eggs that can’t hatch, and...

Sameer partners with Chinese company for cheaper tyres

Influx of the market by cheap Chinese tyres has pushed a regional firm into producing a cheaper brand to gain competitive advantage. Sameer Africa Tuesday announced a partnership with a Chinese company to produce and sell its price fighter brand...

Equity Bank buys out DRC bank at Sh. 6 billion

Equity Bank Group has made an entry into the Democratic Republic of Congo through acquiring a controlling interest in ProCredit Bank. Equity will pay about Sh6 billion to gain a 79 per cent control of the seventh largest bank in...

How Chris Kirubi’s Haco bosses cooked profits to earn big bonuses

Top executives of Haco Tiger Brands, a Kenyan subsidiary of South Africa’s Tiger Brands - which is also partially owned and chaired by billionaire businessman Chris Kirubi - overstated the firm’s performance to show they were excellent performers deserving...

Britam to invest Sh. 35 billion in property projects

British-American Asset Managers (Britam) plans to invest Sh35 billion as it seeks to expand its property portfolio. The company has outlined a number of housing projects in partnership with Housing Finance Corporation and other investors. The investments are aimed...

Nissan Fuga: efficient, powerful and luxurious

The Nissan Fuga Specs are outstanding since it has a lustrous and athletic body similar to that of sports cars. This sleek car entered the market back in 2004 and it has lived up to its hype as a...

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Alice Muhuhu: Kenyan doctor brings life-saving heart care closer to people

Alice Muhuhu’s motivation is deeply personal. Growing up in Nairobi, she experienced the devastating consequences of delayed medical care...