Business Daily - The Nairobi Online Business Directory

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Business Daily
BusinessDailyCorporate News Coca-Cola takes Chaywa coffee to new markets Coca-Cola is seeking to rejuvenate the sale of its tea and coffee by opening more outlets. More... Software developers risk losing out on school... Local software developers risk being locked out of the schools laptop project if the government awards the tender to Microsoft. More... Treasury snubs Telkom Kenya cash plea The State’s shareholding in Telkom Kenya is set to drop permanently to 30 per cent following a decision by the Treasury not to allocate any money to the firm. More... Transport PS nominee pledges to end RVR deal Rift Valley Railways’ contract to manage the rail link between Mombasa and Kampala will be terminated if the government buys a proposal by Transport principal secretary nominee Nduva Muli. More... Total offers mobile payments for fuel through... Airtel Kenya has entered into a partnership with Total Kenya that will see its customers pay for fuel, lubricants, car wash, car service and even goods through Airtel Money. More... Miller launches fortified maize flour A Nyeri-based maize flour miller has launched fortified products in the market, in line with a government policy aimed at increasing the nutritional value of processed foods. More... Sacco officials face prosecution over Sh70m... Teachers are calling for the prosecution of sacco officials implicated in the loss of more than Sh70 million and their properties attached to recover the money. More... Nakuru agricultural show goes high-tech to tame... Nakuru agricultural society officials have adopted a new electronic system to register participants in a bid to tame ticketing fraud. More... IT firm develops system to curb insurance fraud A local IT firm, Siltech Technologies, has launched an Internet-based medical scheme management system aimed at curbing rising cases of fraud in medical insurance. More... Energy sector regulator now launches hunt for... The energy sector regulator has started the search for a new CEO as the term of the incumbent, Kaburu Mwirichia, comes to an end. More... Treasury drags its feet on raising Telkom stake The Treasury is yet to inject Sh2.4 billion to increase its stake at Telkom Kenya to 40 per cent two weeks to a June 30 deadline. More... Deacons suspends its plans to list on the... Retail chain Deacons has suspended its plans to list at the Nairobi Securities Exchange after the company underwent a major dilution in the key clothing business. More... Small car dealers grow sales at expense of... Small new vehicle dealers used lower pricing to record a larger market share growth in the five months of the year at the expense of their dominant rivals. More... UIC statutory managers lose case against law firm The statutory managers of the collapsed United Insurance Company (UIC) have lost a case in which they were demanding Sh68.6 million from a law firm. More... Wheat farmers get Sh100m insurance payout over... CIC General Insurance has paid claims of more than Sh100 million to wheat farmers who lost their crop to bad weather. More... China supercomputer world's fastest: report A Chinese supercomputer is the fastest in the world, according to survey results announced Monday, comfortably overtaking a US machine which now ranks second. More... Schoolgirls invent affordable filter in quest... Lack of access to clean and safe water supply has become a great challenge to communities living in rural and urban areas. More... High demand for housing alters Nakuru’s skyline Nakuru’s skyline has been changing rapidly in the last five years. More... Telkom cuts China grip with UK firm network deal Telkom Kenya has loosened the dominance of Chinese operators in Kenya’s telecom infrastructure market after awarding a UK network leasing firm a 15- year contract. More... Car dealers gear up for windfall in lease plan New auto dealers and leasing firms are set for a windfall as the government moves to implement a multi-billion-shilling motor vehicle lease plan that was first mooted in 2010. More... Kenya Power to dim electricity demand with... Kenya Power will spend Sh1.3 billion to distribute free energy-saving bulbs this year to help cut electricity demand by 130 megawatts through lower consumption. More... KQ fails to pay dividend for first time in 14... Kenya Airways shareholders will not receive a dividend for the first time in 14 years after the carrier reported the biggest loss in the history of companies listed at the NSE. More... Merali accused of governance flaws at... Businessman Naushad Merali has been accused of breaking Central Bank of Kenya (CBK) governance rules on boardroom independence at Equatorial Commercial Bank that led to the resignation of its CEO in November. More... Nairobi museum earns global award for exemplary... The Nairobi National Museum has been awarded a global prize for exemplary services to tourists visiting the facility. More... NHC plans to build 50 green housing units in... The National Housing Corporation plans to construct at least 50 houses in each county, starting with police quarters, in the coming financial year. More... Articles last updated at Jun 20, 2013 13:38:19pm. Next update in 60 minutes.

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