Nation Business
Nation Business: Forex Market Indicative Rates for Major Currencies (Opening of Markets) on May 24, 2013 24 May 2013 - Currency Buy Sell Mean
US DOLLAR 84.2756 84.4644 84.3700
STG POUND 127.1973 127.4931 127.3450
EURO 108.8953 109.1783 109.0370
SA RAND 8.8110 8.8389 8.8249
Nation Business: Costly credit, electricity see sector decline by 3pc 24 May 2013 - The manufacturing industry received a beating from the high cost of credit and stiff competition from imports to register a year-on-year decline in growth last year.
Nation Business: Forex Market Indicative Rates for Major Currencies (Opening of Markets) on May 23, 2013 24 May 2013 - Currency Buy Sell Mean
US DOLLAR 84.3806 84.5722 84.4764
STG POUND 126.8065 127.1082 126.9570
EURO 108.2622 108.5300 108.3960
SA RAND 8.7679 8.7986 8.7832
Nation Business: Naivasha ranks among top destinations in Africa 24 May 2013 - Naivasha town has made its debut in the continental rankings as one of the most popular destination for international meetings
Nation Business: Visa launches global money transfer service 24 May 2013 - Payment card firm Visa on Thursday launched an international money transfer service in partnership with Equity Bank as the battle for the local electronic payment market grows fierce
Nation Business: Agriculture key driver as economy grows by 4.6pc 24 May 2013 - The economy last year grew by 4.6 per cent, a modest improvement from 4.4 per cent recorded in 2011, buoyed by strong performance in the agriculture, retail and transport sectors
Nation Business: Loans push up Kuscco earnings by 23 per cent 24 May 2013 - A Saccos umbrella firm has reported a 23 per cent rise in profits, driven by an increase in loans uptake
Nation Business: DVK set to stage 'An Evening with Pacino' in London 23 May 2013 - An International trading and finance company DVK, has partnered with the European Premiere to stage An Evening with Pacino.
Nation Business: Telkom Kenya wants share of Google earnings 22 May 2013 - Telkom Kenya is demanding a share of the revenues Google make from sending internet traffic through its networks in the country
Nation Business: Battle for third digital licence takes new twist 22 May 2013 - Local media houses will only get a digital signal distribution licence after the analogue broadcasting signals are switched off
Nation Business: Treasury to keep keen eye on how counties spend their cash 22 May 2013 - The Treasury will retain a tight hold of county purse strings until proper infrastructure and systems are in place to efficiently manage funds from the national government
Nation Business: Kenya Airways set for direct flights to Abu Dhabi 22 May 2013 - Kenya Airways will begin direct flights to Abu Dhabi starting July as it seeks to grow its presence in the Middle East.
Nation Business: CBK wades into bonds trader suit 22 May 2013 - Central Bank has filed an application in High Court seeking to be allowed to respond to allegations by a blacklisted bonds trader in a fraud case
Nation Business: Equity turnover at bourse rises 77pc 21 May 2013 - The equity turnover at the Nairobi bourse rose 77 per cent in the first five months of the year compared to a similar period last year despite investor jittery experienced during the General Election
Nation Business: City Trust gets nod to buy I&M Bank 21 May 2013 - City Trust has received 100 per cent shareholder approval to fully acquire mid-tier bank, I&M
Nation Business: CCK now rules out third digital signal distributor 21 May 2013 - The communications regulator has broken a promise to award a third digital signal distribution licence to local broadcasters
Nation Business: EAC harmonising edible oil standards 21 May 2013 - The East African Community (EAC) is working on harmonising health and quality standards for edible oils and fats in a move that is expected to ease trade of the products
Nation Business: App developers get chance to unite refugee families 21 May 2013 - Kenya mobile application developers have been given an opportunity to unite refugee families separated due to conflict, war and disaster.
Nation Business: National Bank profit after tax grows 12pc 20 May 2013 - National Bank of Kenya’s profit after tax rose by 12.5 per cent in the first quarter ending March this year despite a decline in interest income.
Nation Business: Finance boss asks for more money from regional bank 20 May 2013 - The government has asked for more funds from the African Development Bank to finance new and ongoing infrastructure works.
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