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NEWS

Local billionaire’s properties to be auctioned over multi- million debts

NEWS Bizna Reporter -
In 2014, businessman George Kariithi opened a Sh. 250 million supermarket outlet along Nairobi's Moi Avenue. At the time, the businessman who is thought to...

Nakumatt goods on 50 percent discount in mega clearance sale

NEWS Bizna Reporter -
Cash-strapped retailer Nakumatt Holdings has put some of its goods on sale to clear stock as it plans its recovery strategy. It is offering a...

Angela Ndambuki Leaves Kenya Chamber CEO Position

NEWS Bizna Team -
Angela Ndambuki has vacated the CEO position at Kenya National Chamber of Commerce and Industry (KNCCI). The Board of the Kenya Chamber has appointed...

StanChart to open up unsecured loans to individuals, SMEs

NEWS Bizna Reporter -
Standard Chartered Bank is set to start issuing unsecured loans using a new method. The new method will see the bank track and analyse...

Troubled Uchumi seeking loan to pay employees and suppliers

NEWS Bizna Reporter -
Uchumi Supermarket is now seeking a bank loan to pay its employees, who have gone for months without salaries. Kenya Union of Commercial, Food and...
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