Business Daily: New Xbox One unveiled as home entertainment hub 22 May 2013 - Microsoft on Tuesday staked a claim to the Internet Age living room with an eagerly awaited new generation Xbox One console touted as a home entertainment hub that goes far beyond games
Business Daily: Future of Kenya oil refinery to be decided next week 22 May 2013 - The future of East Africa's only oil refinery could be decided next week when a report is due on whether to upgrade the aging Kenyan plant or turn it into a storage facility, the country's energy regulator said on Tuesday.
Capital Business: EU leaders look to energy for growth boost 22 May 2013 - EU as represented by country flags/FILE
BRUSSELS, May 22 – EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and leave Europe far behind...
Business Daily: Kenya top grade tea prices inch higher at auction 22 May 2013 - The average price of Kenya's top grade Broken Pekoe Ones tea rose for the first time in four weeks, nudging higher to $3.27 per kg at auction from $3.26 at the previous sale, trader Africa Tea Brokers (ATB) said on Tuesday.
Capital Business: Venezuela moves to relieve toilet paper shortage 22 May 2013 - A ship unloading at the port of La Guaira, outside Caracas/AFP
CARACAS, May 22 – Venezuela’s National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich...
Capital Business: Why I chose not to get employed 22 May 2013 - Bichachi started Dia Consult two years ago, which is involved in online public relations and advertising for various individual and companies/MIKE KARIUKINAIROBI, Kenya, May 22 – “For me employment was never an option after I cleared campus. I have never applied...
Capital Business: Liberian farmers take on Indonesian palm oil giant 22 May 2013 - A palm oil plantation/FILE
Liberia, Jan 22 – Liberian farmers who survived a 15-year civil war are now fighting lucrative property deals with Indonesian and Malaysian palm oil companies that threaten the land they live on, if not their sacred burial sites....
Capital Business: Mobile operators seek revenue share with Google 22 May 2013 - NAIROBI, Kenya, May 21 – Orange Kenya has asked Google to share revenues acquired from traffic which runs on providers networks in order to enhance partnerships.
Speaking during a panel discussion on digital ecosystem evolution in Nairobi, Mickael Ghossein said...
Star Business: CCK says it lacks space for third digital player 21 May 2013 - The Communications Commission of Kenya has said it does not have broadcasting spectrum to issue to the media owners, despite a government promise allocate them the third digital signal distribution license. The industry regulator, said the spectrum that would have...
Star Business: Non-performing loans choke NBK's profits 21 May 2013 - NATIONAL Bank yesterday reported its three months net profit this year rose 12.6 per cent despite a huge rise in non performing loans. The bank recorded Sh370.7 million in net profits, up from Sh329.1 million recorded as at March 2012. Gross non performing loans and...
Star Business: Jaguar Land Rover vehicle owners still relying on CMC 21 May 2013 - Land Rover and Range Rover owners in Kenya will continue depending on CMC for maintenance of their vehicle as the new franchise holders RMA Motors Kenya are yet to establish operations locally. RMA took over from CMC Motors earlier this year. The Star has established...
Star Business: Shilling steady, investor inflow boost expected 21 May 2013 - The shilling was steady yeaterday and traders said they expected it to gain ground early in the week, lifted by offshore investor flows into stocks and government securities. Commercial banks quoted the shilling - which has strengthened 2.8 percent so far this year -...
Star Business: Citi profits dip 36 per cent to Sh800m 21 May 2013 - CITIBANK NA Kenya has reported a 35.9 per cent drop to Sh801 million for the first three months of this year, down from Sh1.2 billion posted in a similar period last year. The period saw the bank's interest income on loans and advances dropping by close to 50 per cent...
Star Business: Strathmore picked as ICT conference partner 21 May 2013 - Strathmore Business School has been chosen as the analyst and content partner for the four day 2013 Connected Kenya Summit which opens in Mombasa on Monday. Connected Kenya Summit brings together industry leaders in the ICT sector and has become a key ICT event in the...
Star Business: Labs to get new quality standard 21 May 2013 - The International Organisation for Standardisation has revised the accreditation standard for medical laboratories which now supersedes the current one. The older version (ISO 15189:2007) will nonetheless still be valid until 2015. Medical labs will now use the newly...
Star Business: Revenues behind target by close to Sh100 billion 21 May 2013 - THE country was behind its revenue collection target by close to Sh100 billion by end of March, government data shows. According to the Treasury's latest issue of the quartely economic and budgetary review, total cumulative revenue collection including appropriation...
