Nation Business: Tuskys accounts frozen over premises deal case
18 May - A Nairobi court has stopped withdrawal of funds from Tuskys Supermarket’s bank accounts, held in six banks, until a suit filed by a business partner is heard and determined.

Nation Business: Angola’s economic revival bid praised
18 May - The International Monetary Fund has praised Angola’s actions to stabilise its economy after the 2008 financial crisis caused the price of oil, its main export, to plummet.

Nation Business: No foul play in Sh150m youth fund, says Kuscco boss
18 May - The Kenya Union of Savings and Credit Co-operatives on Friday refuted claims that Sh150 million channelled through them by the Youth Enterprise Development Fund had been misappropriated.

Nation Business: Tourism declines slightly amid security fears, travel advisories
18 May - Tourism arrivals declined marginally in the first quarter of 2012 following growing security fears that resulted in the issuance of travel advisories by some of Kenya’s key markets.

Nation Business: Facebook sets richest tech IPO in motion
18 May - Facebook on Friday is to make the richest-ever share offering for a technology firm, raking in billions of dollars it could wield to dethrone Google as king of the Internet.

Business Daily: Court nullifies Njoroge’s appointment as CCK boss
17 May - The appointment of public service executives on Thursday came under fresh scrutiny after the High Court nullified a Gazette Notice that legalised the controversial re-appointment of the CCK Director General.

Business Daily: AG pushes for changes in sharing of music cash
17 May - Music producers and performers including guitarists, drummists and dancers will start getting equal remuneration from television and radio royalties, if proposed changes in the copyright laws are passed.

Business Daily: Nigeria’s AFC eyes Kenya for long-term deals
17 May - The first investment for the Nigerian company in Kenya, marks a turning point that its chief executive Andrew Alli says could see the company invest more in East Africa’s largest economy.

Business Daily: Survey shows counties may face jobs
17 May - Job creation should be top on the list of worries for the next national and county governments going by the disconcerting statistics released early this week.

Business Daily: US supports extension of duty waiver
17 May - The US favours the extension of a trade rule that allows for duty-free importation of African garments made from fabric sourced from other countries, a senior official has said.

Business Daily: Lawyers headed for showdown over county appointments
17 May - Lawyers are headed for a legal showdown after taking different positions on President Mwai Kibaki’s appointment of 47 county commissioners last Friday.

Business Daily: Chemical blamed as fruit exports fall
17 May - Quarter one vegetables sales in the European market dropped after a ban on a pesticide said to cause cancer took its toll on exports.

Business Daily: Virgin Atlantic’s exit leaves aviation sector worse off
17 May - Whereas it is comforting that the business environment in Kenya has nothing to do with its decision, it is worrying that dynamic companies like Virgin are scaling down their operations due to the economic crisis that has hit Europe and rising fuel prices.

Business Daily: New flying school to be opened in Nairobi
17 May - Aircraft Leasing Services (ALS) and Kenya School of Flying have partnered to establish a flying school, hoping to benefit from growing demand for pilots.

Business Daily: Fund seeks seat as KCB fills board posts
17 May - The influence of National Social Security Fund (NSSF) in the Kenya Commercial Bank (KCB) Group will be laid bare Friday morning as the lender fills three board positions including that of the chairman.

Business Daily: Deal firmly with terrorist attacks on soft targets
17 May - Al–Shabaab sticks to soft targets because there are many opportunities available locally. Each successful attack further undermines Kenya’s security and puts additional strain on the country’s over-stretched police force.

Business Daily: Politics: Embrace issues not tribes
17 May - The dozen or so presidential aspirants have not been asked to explain what they would do to accelerate economic growth, reduce the cost of living, generate more jobs, and improve the living standards of citizens.

Business Daily: Regulator faults Safaricom’s stand on connection fee
17 May - CCK says operator is seeking to gain from termination fee at expense of its rivals

Business Daily: We can draw four key lessons from the NHIF controversy
17 May - In the National Hospital Insurance Fund (NHIF) case, one may go beyond business school wisdom and use this teachable moment to state four lessons.

Business Daily: Lawyer: only AG has right to prosecute
17 May - Former CMC chairman Peter Muthoka has no legal standing to prosecute contempt of court proceedings against rival directors and the capital markets regulator, a Nairobi court was told Thursday.

Business Daily: Internet outage hits currency trade
17 May - Currency trading was interrupted for six hours as the Internet link between dealers went down, occasioning losses for businesses and traders.

Business Daily: Longhorn Kenya CEO to retire year-end after publishing firm listing
17 May - Book publisher Longhorn Kenya’s chief executive, Janet Njoroge, is set to retire at the end of this year.

Business Daily: Kestrel values KenolKobil deal at Sh31 billion
17 May - Transaction advisers say shares may fetch between Sh20.13 and Sh21 each

Business Daily: Woods has a lot of work to do in regaining form
17 May - Watching Tiger struggle around the TPC Saw Grass Stadium course during the Players Championship was painful, watching him miss the CUT at Quail Hollow reminded me of the Kenya Open.

Business Daily: It is finally my turn to be a big man in Nairobi
17 May - I paused and said, “I have no objections whatsoever.” She told me they were considering me for a “COO job for our new offices in Kenya but if successful, we would want you to spend some time in our head office in England.”

Business Daily: Tight anti-austerity guide for Hollande to honour promises
17 May - Jean-Marie pointed me to an article in Le Canard Enchainé —the respected French satirical weekly— concerning a Bill which, if passed, will allow members of the French parliament who have served two terms to automatically qualify as lawyers on the sole strength of their experience as lawmakers.

Business Daily: Rumuruti’s rare stones that came from heaven
17 May - Today, if you have been a frequent visitor on e-Bay just Google the word Rumuruti and you will be amazed at how much some of the meteorite stones that rained from the skies in 1934 have turned to be big business.

Business Daily: Want African music? Head out to Susana Owiyo’s bar
17 May - Crescendo is not a big bar, it’s just enough room to swing a cat in. But when it gets really full – like it did that night - you almost feel like you are drowning in humanity.

Business Daily: Papaya Sweet and Sour Detox Smoothie
17 May - Since the majority of us don’t have the luxury of time or money to spend months at a health farm in the Himalayan foothills, we put together the perfectly delicious and simple recipe for a detox smoothie.

Business Daily: Stand up and join the revolution!
17 May - On Saturday, May 19 is Food Revolution Day - a chance for people who love food to come together to share information, talents and resources; to pass on their knowledge and highlight the world’s food issues.

Nation Business: Teams faults its service provider
17 May - Teams, the government-backed submarine fibre-optic cable company, is headed for collision

Nation Business: MPs differ during questioning over a tender award
17 May - Members of the Parliamentary Committee on Energy publicly differed on Thursday during a probe into a tender

Nation Business: More funds needed for disease-free zones
17 May - More funding is needed for the creation of disease-free zones to boost meat exports, the ministry

Nation Business: Investors flee the euro for the dollar
17 May - The euro sank to a four-month low against the dollar Wednesday amid ongoing concerns that debt-wracked

Nation Business: Forex Market Indicative Rates for Major Currencies (Opening of Markets) on May 17, 2012
17 May - Currency Mean Buy Sell Date US DOLLAR 84.3875 84.2833 84.4917 17.May.2012 STG POUND 134.2753 134.0866 134.4641 17.May.2012