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...
In mid 2020, Danson Mungatana was charged with conspiracy to defraud a Nairobi businesswoman Sh. 1 million. Mungatana was accused of obtaining Sh. 930,000 from Cynthia Muthoni Kamau by falsifying Local Purchase Orders (LPOs) and letters of acknowledgement for...
Milk Farming in Kenya: Geoffrey Kariuki, an aesthetic doctor trained in the UK wanted to try out something new after working for just five years.
His colleagues and relatives expected him to set up a private clinic. But they...
Bank customers will no longer have to disclose source of Sh. 2.1 million (USD15,000) when doing transactions. This is if a new regulation proposal by the Cabinet is approved by parliament.
The new regulation was proposed during the cabinet meeting...
Safaricom awarded its senior managers 15.3 million shares that are now worth an estimated Sh. 302 million.
The telecommunications giant gave the senior managers these free shares in the financial year that ender in March 2023.
The shares awarded to the...
Peter Ndegwa took home Sh. 313.1 million salary as Safaricom CEO in theffinancial year ended March 31, 2023. This represented a salary growth of about 8.3 per cent.
This came in a year that saw the salaries of directors at...
