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Daily Nation RSS Feeds: Business Teams faults its service provider Teams, the government-backed submarine fibre-optic cable company, is headed for collision More... MPs differ during questioning over a tender award Members of the Parliamentary Committee on Energy publicly differed on Thursday during a probe into a tender More... More funds needed for disease-free zones More funding is needed for the creation of disease-free zones to boost meat exports, the ministry More... Investors flee the euro for the dollar The euro sank to a four-month low against the dollar Wednesday amid ongoing concerns that debt-wracked More... Forex Market Indicative Rates for Major... 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 More... De La Rue witness cannot be traced A key witness in the De La Rue money printing saga cannot be traced even with the help of police More... Shilling declines for seven days in a row The shilling on Wednesday weakened against the dollar for the seventh consecutive day as foreign investors More... CIC Insurance gets approval to list on the NSE CIC Insurance received approval from the Capital Markets Authority on Wednesday to list More... Kiereini defends himself over CMC funds saga... Former CMC chairman Jeremiah Kiereini has come out to defend himself against involvement More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 84.1417 84.0250 84.2583 16.May.2012 STG POUND 134.3425 134.1433 134.5417 16.May.2012 More... What Facebook listing means If you are one of the almost one billion people who use Facebook, you are unlikely to notice any major changes when you sign in this weekend. More... Rates set to fall as State seeks to borrow from... Borrowers could soon get a reprieve from the high interest rates, following the Government’s decision More... Sugarcane farmers wary of new seed varieties Sugarcane farmers in western Kenya zone are reluctant to take up new seed varieties More... Brookside to pay 33pc more to farmers Dairy farmers delivering milk to Brookside depots could be a happy lot, following a 33 per cent raise More... Swiss firm plans to buy-out investors Minority shareholders in KenolKobil could be bought out through a mandatory share offer More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.9469 83.8472 84.0467 15.May.2012 STG POUND 135.1657 134.9881 135.3432 15.May.2012 More... Facebook raises IPO share price range Facebook has bumped up the price it plans to charge for shares at its stock market debut, giving the leading social network a value that could top $100 billion. More... SA beating Kenya in battle for visitors Kenya is losing to South Africa in the battle to woo visitors from new markets in East Asia. More... ERC raises pump prices again Kenyan motorists are set for harder times after the energy regulator increases petrol prices for the second month running. More... Kenya increases fuel prices The Energy Regulatory Commission (ERC) on Monday increased pump prices by margins More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.6764 83.5833 83.7694 14.May.2012 STG POUND 134.4478 134.2793 134.6163 14.May.2012 More... State urged to stop wastage of resources The Government should track spending in ministries, cut on wastage and direct resources to priority areas More... KCB an attraction to foreign investors KCB shares are the main attraction for foreigners seeking to invest in local financial institutions. More... Want a piece of Facebook? Get in line Facebook may be the year’s hottest stock issue — but try getting a piece of it. More... Unpredictable wage rise worries employers The unpredictable rise in minimum wages makes it difficult for labour intensive companies to budget for their employees’ pay. More... Kenya third in foreign investment rise: report Kenya is third after South Africa and Morocco in the list of countries in Africa that attracted the most foreign Direct Investment projects in 2011. More... Captain tossed from troubled Yahoo! ship Yahoo! boss Scott Thompson stepped down Sunday in the face of controversy about his More... Kenya sitting on untapped raw materials, says... Kenya is sitting on untapped raw materials that are being shipped out of the country only to be imported back as finished goods More... Expert urges debate on Facebook’s impact Facebook’s big stock offering on Wall Street must be followed by an intensive debate on Main Street about social media’s powerful impact on children More... Kindaruma dam upgrade on its last lap Nairobi residents could soon enjoy improved power supply once an upgrade of the Kindaruma power station that begun two years ago is complete. More... Kenya tops Africa in mobile payments Kenya ranks top in Africa in readiness to adopt mobile payments, a new report shows. More... UN introduces new rules to curb land grabs in... New rules which will try to protect poor farmers in Africa’s historic land rights from acquisitions by large western multinational companies have been introduced by the United Nations. More... South Africa set to be Kenya’s fastest... The number of tourists visiting Kenya from South Africa grew by 28 per cent in the first three months of 2012 More... No respite for consumers as milk prices remain... One and a half months after the onset of the long rains, consumers are yet to see the shelf price of milk go down as was expected. More... SA firm to invest Sh200m to explore minerals... South African mining firm Cortec has announced plans to invest a further $2.4 million (Sh200 million) to continue prospecting for rare earths and niobium in Kwale County. More... Rifts over plan to create umbrella agriculture... The proposed creation of an umbrella office to manage agriculture affairs in the country has run into fierce opposition that has sharply divided senior officials in the ministries of Agriculture and that of Livestock Development. More... Judge dismisses petition to wind up Akamba even... Akamba, East Africa’s oldest transport company, survived an attempt to close it down after the High Court rejected a petition seeking to wind it up. More... How an internal family matter ended up in court The dispute among four brothers over the management of Tuskys Supermarket chain will be resolved out of court. More... The tale of Kenya’s three biggest chain of... Thirty years ago, the three families who shape the face of Kenya’s retail business were hardly noticeable. More... ‘Smart city’ plan may ease traffic hitches... Inability to manage existing infrastructure efficiently is what causes the many traffic problems in Kenya, a study has revealed. More... Warm up to GM maize meal by 2014 Kenyans could start consuming genetically modified maize by 2014, according to the National Biosafety Authority. More... Drive to have all employers enrol with pension... Financial services provider Alexander Forbes wants the government to make it mandatory for employers to register their workers in pension schemes. More... Price hikes and M-Pesa cushion Safaricom from... A 33 per cent increase in calling rates in October last year has cushioned Safaricom from a bigger drop in profitability, after it reported a 4 per cent decline. More... Use of plastic money grows 40 per cent The value of plastic card transactions in Kenya jumped 40 per cent to Sh214 billion in the first three months of 2012, despite rising insecurity and fraud cases. More... Court kick-starts Tatu City cases finally A court has kick-started cases involving real estate firm Tatu City, offering hope that the seven cases which have been delaying a multi-billion real estate project may be concluded quickly. More... Ray of hope for apparel makers Apparel manufacturers on Thursday received a ray of hope for the extension of the African Growth and Opportunities Act More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.3972 83.3083 83.4861 10.May.2012 STG POUND 134.6141 134.4457 134.7824 10.May.2012 More... Safaricom posts a 4pc dip in profits Safaricom has posted a Ksh 12.63 billion after-tax profit for the year ending March 2012, down from Ksh 13.16 billion last year. More... Fresh headache for policy makers as import bill... Kenya’s ability to pay for its increasing imports continues to weaken with the widening in More... Nock enters deal with Japan to explore for oil State-owned National Oil Corporation of Kenya (Nock) has entered into a deal with More... Boda boda operators could soon pay taxes Motorcycle operators commonly known as boda boda will soon be compelled to pay taxes and join savings More... Kenya Building Society back in business Mortgage provider Housing Finance has revived its construction subsidiary, giving it headroom to tap into More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.2958 83.2139 83.3778 09.May.2012 STG POUND 134.4613 134.3013 134.6213 09.May.2012 More... Biwott oil firm sold to Swiss energy company in... Key shareholders of oil marketer, Kenol Kobil, have struck an exclusive deal to sell a majority stake More... Nyaga hard pressed to explain allocation to... Cooperative minister Joseph Nyagah was on Tuesday hard pressed to explain why the matatu industry More... Efforts to improve lives deterred by food prices Soaring international food prices have watered down efforts to improve living standards More... Woes of the Sudans worry World Bank The World Bank warned on Tuesday of its “deep concern” at the struggling economies of foes More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.2831 83.2067 83.3594 08.May.2012 STG POUND 134.7159 134.5667 134.8651 08.May.2012 More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.2703 83.1911 83.3494 07.May.2012 STG POUND 134.2563 134.1092 134.4033 07.May.2012 More... World stocks fall on Greek, French votes World stocks fell, the euro wavered and French borrowing rates rose on Monday on renewed uncertainties for eurozone debt policy after voters in Greece and France turned against austerity. More... World stocks fall on Greek, French votes World stocks fell, the euro wavered and French borrowing rates rose on Monday on renewed uncertainties for eurozone debt policy after voters in Greece and France turned against austerity. More... NSSF cancels sale of property tender, citing... The National Social Security Fund (NSSF) has cancelled a tender detailing the sale of some of its properties in Nairobi, citing discrepancies. More... Floods destroy sugarcane fields leading to huge... Cane farmers in Nyanza Sugar Belt want millers to redistribute seeds on credit following floods that are destroying crops in the region. More... IFC in deal to support small lenders World Bank’s private investment arm has entered into a partnership with a credit card company to help extend financial services to low-income earners. More... Young entrepreneurs get boost A micro-finance company has entered into partnerships with several corporate bodies to offer loans to creative youth for start-ups across the country. More... CBK asked to return Akiba’s property The Central Bank has been ordered to release and return items of a micro-finance institution it confiscated on suspicion that it was operating as a bank. More... Immigration laws affecting labour in EAC Lack of awareness on immigration procedures is hindering free movement of labour in the East African Community. More... Africa’s new World Bank boss takes over A former World Bank Kenya country director, Makhtar Diop, assumed office as the bank’s vice president for Africa on Monday. More... Forex Market Indicative Rates for Major... Currency Mean Buy Sell Date US DOLLAR 83.2806 83.1972 83.3639 04.May.2012 STG POUND 134.8059 134.6561 134.9557 04.May.2012 More... Dairy industry set to earn Sh300bn in five years Kenya’s dairy sector could quadruple in size and earn the country up to Sh300 billion in the next five years, a report by Tetra Pak East Africa shows. More... CMA to target low income earners Low income earners are the new target of the Capital Markets Authority (CMA), which aims to have Kenyans from all income brackets investing in the markets. More... CCK, Ndemo differ over network rates The question of whether or not to resume reduction of interconnection charges across mobile phone networks has divided industry stakeholders. More... Mobile phones to be used to buy bonds Kenyans will soon be able to buy government debt including Treasury Bills and bonds using their mobile phones More... Why capping of interest rates was opposed Capping interest rates could jeopardise the Government’s credit line with multilateral financial institutions, Finance minister Njeru Githae has said More... Increased collection of fines boosts revenue... The Judiciary will almost double its revenue collection to Sh1.5 billion in the next financial year, helped by increased fine thresholds. More... RBA to act on employers who withold cash for... The pensions regulator has called for an urgent meeting to save the Pyrethrum Board of Kenya Staff Superannuation Scheme from total collapse. More... Food prices in Kenya high, survey shows Kenya has the highest consumer food prices among the five member states of the East African Community (EAC), according to a new survey. And it is also the second- least food secure country after Burundi. More... Kenya tops in Africa in wooing investors Kenya is leading the rest of Africa in attracting foreign direct investment, according to a new investor confidence survey that has further raised the profile of the country. More... Most farmers still waiting for cheap fertiliser... When President Kibaki gave his State of the Nation address in Parliament two weeks ago, he reassured farmers that the government would supply them with subsidised fertiliser and seeds in an effort to boost food production. More... State gives Sh106m to fund digital content ideas The government has released Sh106.2 million to various technology businesses in the country to fund the development of local digital content. More... Articles last updated at May 19, 2012 05:49:38am. Next update in 60 minutes.

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