Business Daily: KMC woes unacceptable
21 May 2013 - Less that seven years since the government ploughed more than Sh500 million to revive it, meat processor KMC is once again in the red.
Business Daily: Kenya to raise axle load limit by 2015 with completion of Southern bypass
21 May 2013 - The Kenya National Highways Authority (KeNHA) has stepped up its efforts to raise the ceiling on the weight of trucks allowed on Kenyan roads in tandem with the rest of East African countries in the next two years.
Business Daily: Tackle unemployment among youth
21 May 2013 - President Uhuru Kenyatta’s administration has started on a wrong footing on issues related to the youth.
Business Daily: I&M Bank set to debut at the stock market on June 25
21 May 2013 - I&M Bank is set to list at the stock market on June 25, completing a reverse take-over that will merge businesses of the lender and investment firm City Trust.
Business Daily: Home Afrika set for listing on small companies board
21 May 2013 - Real estate developer Home Afrika is set to list on the NSE’s new segment for small firms, giving it access to a larger pool of capital.
Business Daily: EABL market value up by Sh8bn
21 May 2013 - The valuation of beer maker EABL’s shot up by Sh8 billion in Tuesday’s trading, further fueling investor speculation on what could be behind the company’s share price surge.
Business Daily: Real estate developers top loan defaulters list
21 May 2013 - The construction, building and real estate sector topped the list of sectors with biggest loan defaults in the first quarter of the year.
Business Daily: KenolKobil strips its chief executive of chairmanship
21 May 2013 - Jacob Segman will be stripped of chairmanship at KenolKobil as the oil marketer splits the roles of the head of its board and chief executive to meet regulatory demands.
Business Daily: CfC Stanbic Bank’s quarter one profit jumps 78 per cent
21 May 2013 - CFC Stanbic Bank posted a 78.1 per cent jump in net profit for the first quarter, making it the fastest growing bank among top tier lenders.
Business Daily: Telkom, Google clash over network fee demand
21 May 2013 - Telkom Kenya has locked horns with Google over sharing of revenues generated from content provided by the Internet search giant through the network of the local operator.
Business Daily: K-Rep partners with World Bank to fund water projects
21 May 2013 - K-Rep Bank is seeking to capture a larger segment of the local market by aggressively taking to financing water projects in counties.
Business Daily: Tourism at Coast stays afloat despite drop in visitors
21 May 2013 - Mombasa’s hospitality business has stayed afloat thanks to conferencing, domestic tourism, business executives’ visits and weddings.
Business Daily: Senate now fights Parliament over control of Budget
21 May 2013 - A turf war between the Senate and National Assembly was building up Tuesday after the former demanded to revise the Division of Revenue Bill, 2013 approved by the Assembly 10 days ago.
Business Daily: Cofek moves to court to stop appointment of secretaries
21 May 2013 - The appointment of principal secretaries could be delayed after Consumers Federation of Kenya (Cofek) moved to court challenging the list forwarded to the President.
Business Daily: Kenya sets tight deadline for EPA pact to grow exports
21 May 2013 - The Jubilee government has set itself an ambitious target of two months to conclude the long drawn-out search for a binding pact to safeguard multi-billion shilling exports to Europe.
Business Daily: Sh7bn tax target uphill task for Mombasa County
21 May 2013 - The Mombasa county government faces a tough call as it seeks to collect Sh7.3 billion in the financial year 2013/2014, half of it in land rates and fees from the port.
Business Daily: House team wants Budget discussion deadline extended
21 May 2013 - A committee will ask the National Assembly Speaker to extend the period for Budget consultations beyond Wednesday.
Business Daily: Accommodation crisis hits University of Nairobi
21 May 2013 - The University of Nairobi has been hit by an accommodation crisis that has left thousands of freshmen admitted under the double intake programme without a room on campus.
Business Daily: Delameres divide Sh5bn estate in succession plan
21 May 2013 - The Delamere family is for first time in more than 100 years subdividing its Sh5 billion Naivasha-based estate as part of a succession plan.
Business Daily: Microsoft readies new Xbox videogame console as entertainment hub
21 May 2013 - Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centres and adapt to competition from smartphones and tablets. Pages