Business Daily
Business Daily: Migrate to the apps world without further delay
19 May 2013 - As I begin to write this column today, 49,991,000,000 apps have been downloaded from Apple’s App Store.
Business Daily: Rights issue can fix balance sheet, but are investors getting a bargain?
19 May 2013 - The month of May extending to late June is often a peak season for annual general meetings as most companies strive to create common forums to inform shareholders of their activities.
Business Daily: Total Kenya managers fail to block prosecution
19 May 2013 - Nine senior managers of Total Kenya risk going to jail after a court okayed their prosecution in a case where they were initially the witnesses.
Business Daily: Developing nations to triple share in global investment by 2030
19 May 2013 - Developing countries will triple their share in global investment to 60 per cent of the total by 2030, the World Bank (WB) said in a forecast released on Thursday.
Business Daily: NSSF in deal with Helb to track loan defaulters
19 May 2013 - Local statutory agencies are pushing for the establishment of a centralised registration database for Kenyans to ease tracing of clients.
Business Daily: ICT summit to chart way for digital services in county govts
17 May 2013 - Stakeholders in the ICT industry converge in Mombasa next week to take stock of Kenya’s developments in the technology scene and develop a strategy to deepen digitisation of government operations.
Business Daily: University of Nairobi set to expand facilities with Sh2.3bn tower
17 May 2013 - The University of Nairobi is set to construct a 22-storey complex valued at Sh2.3 billion to meet increased demand for academic and administrative facilities at the main campus.
Business Daily: Treasury to focus funds on projects to spur growth, job creation
17 May 2013 - The Treasury will focus on funding projects in infrastructure, agriculture, service and industry to spur economic growth in the coming financial year.
Business Daily: Foreign investor inflows seen supporting Kenyan shilling
17 May 2013 - The Kenyan shilling firmed slightly on Friday and traders said they expected further gains in coming days as offshore investors convert dollars to buy stocks and government bonds.
Business Daily: Dell profits plunge on PC woes
17 May 2013 - US computer giant Dell said Thursday its quarterly profit plunged 79 per cent from a year ago, as a shift away from PCs hammered the company's bottom line.
Business Daily: PS, board differ over top airports authority position
16 May 2013 - The Kenya Airports Authority (KAA) has been thrown into a fresh management row in the wake of sharp divisions in its board over the tenure of managing director Stephen Gichuki.
Business Daily: Cheserem digs in for increase of county budget allocations
16 May 2013 - The Commission on Revenue Allocation (CRA) has proposed further cuts on budgetary allocations to ministries whose functions have been devolved to the counties.
Business Daily: Why Safaricom is keen on growing data usage
16 May 2013 - Safaricom is banking on its non-voice segments such as M-Pesa and data to drive growth in the coming years.
Business Daily: Entrepreneur mints millions from nuts
16 May 2013 - The small signboard at the entrance to Patrick Wainaina’s firm in Thika summarises his passion: “Welcome to Jungle Nuts, where we are nuts about nuts.’’
Business Daily: Cotton sector faces tough task in bid to regain former glory
16 May 2013 - While stakeholders in the cotton industry are nostalgic about the success of the sector in the 1960s, a clear route to its revival is yet to be mapped out.
Business Daily: Funds shortage holds back transition agency
16 May 2013 - The Transition Authority (TA) requires Sh4 billion to hire auditors of assets and liabilities of the 175 defunct local authorities, it told the Senate Thursday.
Business Daily: Activist Omtatah wants telcos ordered to provide emergency number
16 May 2013 - The High Court has been asked to order mobile service companies to provide a toll- free emergency hotline.
Business Daily: Two China firms in court over Sh350m debt
16 May 2013 - A Nairobi court has declined to strike out a case involving two Chinese firms battling over a Sh350 million debt linked to the construction of Greatwall Apartments.
Business Daily: Retirees demand pension raise as cost of living soars
16 May 2013 - At least 6,000 Kenya Ports Authority (KPA) pensioners are demanding a raise as the cost of living rises, but trustees say it is not within their powers to make such changes.
Business Daily: NIC starts executive search after naming acting chief
16 May 2013 - NIC Bank has named the executive director in charge of corporate banking as acting CEO as the lender seeks a permanent successor to James Macharia.
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