KCB Group half year net profit has fallen by Sh. 4 billion. This decline represented a 20 per cent drop from Sh. 19.5 billion net profit that was recorded in the six month period of 2022 to Sh. 15.5...
The Cabinet Secretary for National Treasury Professor Njuguna Ndung'u has appointed Humphrey Wattanga Mongo as the new Commissioner General for the Kenya Revenue Authority (KRA).
Mulongo will assume the KRA Commissioner General position that was previously occupied by James Gethii...
Kenyan drivers have a habit of blaming vehicles and no one else whenever accidents occur. Toyota Prados and Toyota Hiace (Box) are two of the most commonly blamed vehicles by local drivers.
The claim is that Toyota Prados are an...
Popular news anchor Ken Mijungu has ventured into the ambitious world of executive transportation. The media personality has reportedly started a helicopter charter business. This new business comes as an extension to his car renting services.
Given the heavy capital...
Former Safaricom chief executive officer Michael Joseph has resigned from his role at as a Safaricom Board Director. His resignation is effective August 1, 2023.
Joseph has previously served Safaricom in various capacities since year 2000 including serving as General...
Kiharu Member of Parliament Ndindi Nyoro is the largest individual shareholder at Kenya Power. Latest regulatory filings show that as at June 2023, Nyoro held 32.5 million shares after acquiring an additional 5.2 million shares between December 2022 and...
Strongest currencies in the world: You may have heard that the US Dollar (USD) is most traded currency in the world. The impact of the movement of the US dollar is felt across the world. Ironically, though, this is...
Multi-billion property belonging to tea estates billionaire David Langat has been spared from the auctioneers hammer.
The auctioning of the property was slated to be conducted on August 1 but has now been canceled by Garam Auctioneers.
The cancellation folllows what...
Should you take a loan to build rentals? The following is an opinion piece. The views expressed here are solely those of the author and not the official position of Bizna Kenya.
BY PAUL KARIUKI: If you take a loan...
Best Assets to Buy in Kenya: It is no longer a secret that the real estate sector bubble has burst. Builders are being left with houses no one wants to buy, firstly because there is no money in the...