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All KCB branches to shut down this weekend

Kenya Commercial Bank will shut down all its branches this weekend for a major maintenance exercise. The bank will kick off the system upgrade this Friday. “To facilitate this transition, all KCB...

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Do you want to start a company in Kenya? This is what the law provides.

The Companies Act, 2015 was enacted and replaced the Companies Act 1948 on 11th September 2015. The Act is to come into operation in stages. Validity of transactions will no longer be affected by...

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5 Ways Kenyan Parents Can Teach Their Children How To Budget Money

By Bizna Brand Analyst Today’s parents are so busy with their own lives, they don’t take the time to sit down and help their children understand money-related. As a result, kids end up making many bad...

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NSE stocks to buy or avoid

KCB: The largest bank in Kenya by assets announced its results for the first six months of the financial year ended June 30. The bank reported a growth of 13.6 per cent rise in its net profits to Sh....

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What is Torque? The mystery explained

In modern car reviews, the old standard for comparison –horsepower or bhp – barely gets a look-in, unless it’s for a high-revving sporting machine. One of the main reasons that torque comparisons have...

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Nairobi set for Sh. 380 billion first double-decker highway

The construction of a historical double-decker highway linking the Jomo Kenyatta International Airport with the Nairobi-Nakuru Highway is set to start  later this year. This follows the signing of a...

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Britam sells Sh. 299 million stake in Acorn, makes neither losses nor gains

Britam has revealed that it sold off its 25 per cent stake in Acorn Group last year at Sh. 299 million in a deal that saw the firm record neither losses nor profits. “Acorn … was disposed of by the...

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KCB: our role in Chase Bank is over

KCB has announced that it is expecting to pull out of Chase Bank in the ext three months. According to KCB Group CEO Joshua Oigara the future of the bank which was put under receivership in April now...

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Brothers striking riches in mixed farming

In the outskirts of Chuka town in Igamba Ng’ombe Constituency, Tharaka-Nithi County, there’s an outstanding farm along Kangoro-Rubate Road. The 3.5 acre christened Kagumo-Hort farm belongs to Murithi...

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Safaricom names new financial services director

Safaricom has announced the appointment of Ron Webb as the Director – Financial Services, effective today. Mr. Webb, a seasoned finance and technology professional, will join Safaricom from Equity Bank...

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Why You Should Never Borrow Money From Your Family Members

by Bizna Brand Analyst Back when I was in campus, my older brother once borrowed me two thousand shillings. He was in a fix and he said he needed the money urgently otherwise his operations would be...

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Mumias, Uchumi, KQ touch new lows on NSE

Kenya Airways (KQ), Mumias Sugar and Uchumi have joined the list of firms trading below fare value at the Nairobi Securities Exchange as their financial woes take a toll on valuations at the bourse....

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10 steps you MUST take to become a millionaire

Here are the 10 steps that will guarantee you will become a millionaire by 30. 1. Follow the money. In today’s economic environment you cannot save your way to millionaire status. The first step is to...

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Corrupt officials, cartels lock women and youth from 30pc tenders

Corrupt Government officials are locking out women and youth from accessing the 30 per cent procurement stake reserved for women, youth and the disabled. This has seen women entrepreneurs access about...

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Easy guide on tyre pressures and tread depths

It’s all too easy to forget about the condition of your car’s tyres, at least until something looks or feels like it’s wrong with one of them. If you’re a driver who leaves vital tyre checks until a...

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Daystar to offer degree courses on mobile phones

Technology company OneUni has developed smartphone-based degree programmes for Daystar University, a first in Kenya. The first phase of the mobile-based programme will target primary and secondary...

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How to estimate cost of building your house

Putting up a building, whether a commercial or residential one, calls for considerable investment  in both capital and expertise, not to mention effort. Perhaps you have some money saved up and would...

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Kenya opens doors to investors in Kenya Leather Park

In a bid to boost local production in leather in the country, the Ministry of Industry, Trade and Cooperatives, through its implementing agencies, the Export Processing Zones Authority (EPZA) and the...

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Sh. 112,000 per month plumber job vacancy in Nairobi

The British High Commission in Nairobi is looking for a plumber in a vacancy that will see the successful applicant take home a starting salary of Sh. 112,883. According to the job advert, the...

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NBK’s bad loans rise as profit falls 82pc

National Bank of Kenya’s bad loans have risen to Sh.27.3 billion in the half year ended June. This came as the bank’s net profits fell by a whopping 82 per cent to stand at Sh. Sh.311.2 million...

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