Monday, June 2, 2025

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Mumias Sugar releases Sh. 270m to pay farmers

FEATURED Bizna Reporter -
Mumias Sugar Company has released Sh270 million as the first tranche of money to pay at least 6,000 farmers. The company’s Corporate Affairs manager Moses...

CFC Stanbic half year profit drops by 42 per cent, share falls on NSE

FEATURED Bizna Reporter -
CfC Stanbic’s net profit for the six months ended June this year fell 42 per cent to Sh1.96 billion, weighed down by a difficult...

Is Sankara Hotel inflating customer bills through parking fee charges?

FEATURED Bizna Reporter -
Sankara Hotel is on the hot seat. Numerous allegations have been made, alleging that the 5-star hotel Sankara has been unduly charging its customers...

Barclays Bank to lend Sh. 30 billion to small businesses as battle for SMEs intensifies

FEATURED Bizna Reporter -
Barclays Bank has announced a Sh30billion war chest to lend to the Small and Medium Enterprises (SMEs), as the bank moves to tap into...

China devalues yuan

FEATURED Bizna Reporter -
The People's Bank of China allowed the yuan to depreciate by nearly 2% against the U.S. dollar on Tuesday, the result of a surprise...
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