/business/news/-/1006/1006/-/nd8pia/-/index.html http://www.nation.co.ke/business/news/SA+firm+plans+to+invest+Sh6+5b+in+new+brewery+/-/1006/1324928/-/yg4mxw/-/index.html SABMiller, East African Breweries Limited’s fiercest rival in the region, plans to invest $80 million (Sh6.5 billion) to set up a new brewery at its Ugandan subsidiary, Nile Breweries (NBL). 2012-02-11T16:42:05Z http://www.nation.co.ke/business/news/Construction+of+carriageway+to+start+in+2013+/-/1006/1324916/-/dsixc9/-/index.html Traders in the central and eastern regions of the country are set to benefit from the planned construction of Thika-Sagana-Marwa dual carriageway. 2012-02-11T16:25:25Z http://www.nation.co.ke/business/news/Most+women+and+youth+are+not+ready+for+business/-/1006/1324896/-/i1jkk8z/-/index.html Six out of every 10 women seeking money from the government business fund are ill-equipped to run an owner-managed businesses, a new study shows. 2012-02-11T16:14:20Z http://www.nation.co.ke/business/news/NHIF+to+review+medical+premium+for+teachers/-/1006/1324886/-/fggn52z/-/index.html The National Hospital Insurance Fund (NHIF) will have an opportunity to test-run the new medical scheme for teachers for four months to gauge whether the Sh4.2 billion premiums to be paid by members can sustain the programme. 2012-02-11T16:05:41Z http://www.nation.co.ke/business/news/Insurer+shakes+up+top+brass+to+rejuvenate+growth+strategy+/-/1006/1324252/-/gasnrlz/-/index.html British American Investment Company has made several key changes in its senior management personnel in what the insurer says is meant to help it achieve its growth strategy. 2012-02-10T13:55:50Z http://www.nation.co.ke/business/news/No+refund+on+beer+taxes+charged+since+June+2011+/-/1006/1324216/-/11j9soo/-/index.html The government will not refund any taxes on beers and cigarettes collected by the revenue authority since June last year, even if Parliament fails to ratify tax measures in the pending Finance Bill 2011. 2012-02-10T13:30:07Z http://www.nation.co.ke/business/news/Nokia+to+set+up+global+research+hub+in+Nairobi+/-/1006/1324200/-/xv04aq/-/index.html Nokia plans to make Nairobi its global hub for research and investment for the India, Middle East and Africa region. 2012-02-10T13:20:23Z http://www.nation.co.ke/business/news/Bata+steps+up+expansion+drive+to+increase+sales+/-/1006/1324186/-/12w8ufgz/-/index.html Bata shoe company is banking on an expansion drive to increase its presence both in the Kenyan and regional markets as competition for footwear hots up. 2012-02-10T13:11:16Z http://www.nation.co.ke/business/news/Insurance+firms+betting+on+polls+/-/1006/1323570/-/3lvdx9/-/index.html Insurance companies are betting on risks related to an election season to sign in new clients. 2012-02-09T16:18:41Z http://www.nation.co.ke/business/news/CBK+wants+lawyer+barred+from+defending+bank/-/1006/1323564/-/1obhi7/-/index.html The Central Bank of Kenya (CBK) on Thursday asked the High Court to prohibit Dr John Khaminwa from defending a bank, which was allegedly investigated in the Goldenberg inquiry. 2012-02-09T16:14:25Z http://www.nation.co.ke/business/news/Horticulture+exporters+get+tougher+rules+/-/1006/1323558/-/15epfcgz/-/index.html Horticulture exporters must now identify farms where they source their fresh produce from or risk losing their licences 2012-02-09T16:11:15Z http://www.nation.co.ke/business/news/Construction+of+new+airport+terminal+on+course+says+KAA+/-/1006/1323540/-/hyb3clz/-/index.html The Kenya Airports Authority has maintained that the planned construction of a $500 million (Sh42.5 billion) new terminal complex at Jomo Kenyatta International Airport is on course 2012-02-09T16:02:54Z http://www.nation.co.ke/business/news/Trade+barriers+costing+Africa+billions+of+dollars+says+WB+/-/1006/1322886/-/j2yqwrz/-/index.html African countries are losing billions of dollars in trade opportunities within the continent due to trade barriers, a new study by the World Bank says. 2012-02-08T15:22:03Z http://www.nation.co.ke/business/news/Sugar+farmers+to+get+Sh500+million+loan+boost+/-/1006/1322814/-/3dsu9jz/-/index.html Sugar farmers have a reason to smile after the Kenya Sugar Board released Sh500 million to be used as loans, charged at 5 per cent interest per annum. 2012-02-08T14:30:04Z http://www.nation.co.ke/business/news/Beijing+office+rents+rise+by+75+per+cent+/-/1006/1322774/-/14762ysz/-/index.html Office rents in Beijing are more expensive than New York after rising 75 per cent last year, as China’s rapid economic growth sparked strong demand 2012-02-08T14:03:35Z http://www.nation.co.ke/business/news/Brazil+files+suits+against+Twitter++/-/1006/1322768/-/51dibp/-/index.html The Brazilian government has filed a lawsuit against Twitter and its users in a bid to stop publication of messages alerting drivers to police speed traps 2012-02-08T14:00:16Z http://www.nation.co.ke/business/news/Demand+for+cut+flowers+at+optimum+/-/1006/1322758/-/5y7pbpz/-/index.html Demand for cut flowers has reached peak season, as Valentine’s Day beckons. 2012-02-08T13:52:25Z http://www.nation.co.ke/business/news/iPhone+sales+soar+but+Android+handsets+win+/-/1006/1321956/-/1e6qo/-/index.html An outbreak of iPhone fever made Apple the hottest smartphone maker worldwide at the end of 2011 2012-02-07T13:55:41Z http://www.nation.co.ke/business/news/Nine+million+pupils+to+get+milk+in+schools+this+year+/-/1006/1321954/-/77233g/-/index.html An estimated nine million school-going children could start getting milk in school this year. 2012-02-07T13:52:10Z http://www.nation.co.ke/business/news/Pyrethrin+extraction+set+to+commence+/-/1006/1321948/-/6008ms/-/index.html Debt-wracked Pyrethrum Board of Kenya is set to resume production of pyrethrin following the importation of 44 tonnes of solvent worth Sh11 million to extract the product. 2012-02-07T13:46:08Z http://www.nation.co.ke/business/news/World+youth+cringe+over+jobless+future+/-/1006/1321942/-/3aidpi/-/index.html The world’s young increasingly fear a future without jobs, according to a UN report released on Monday 2012-02-07T13:38:38Z http://www.nation.co.ke/business/news/Investors+who+lost+in+Discount+Securities+to+get+compensation+/-/1006/1321936/-/8plfaez/-/index.html Investors who lost money after the collapse of Discount Securities Limited in 2008 will start receiving compensation 2012-02-07T13:32:45Z http://www.nation.co.ke/business/news/Discount+Securities+victims+to+get+dues+after+three+year+wait/-/1006/1321826/-/14ju3wq/-/index.html Investors who lost money after the collapse of DSL in 2008 will start receiving compensation beginning Wednesday 2012-02-07T10:04:05Z http://www.nation.co.ke/business/news/Billionaire+threatens+family+ransom+funds++/-/1006/1321546/-/qw6c72z/-/index.html Asia’s richest woman, Australian mining magnate Gina Rinehart, threatened to axe her children’s ransom insurance as a bitter legal dispute raged over a family trust, reports said on Monday. 2012-02-06T17:20:28Z http://www.nation.co.ke/business/news/Sh1+2bn+loan+to+aid+bank+credit+SMEs+/-/1006/1321482/-/20tdiaz/-/index.html I&M bank has secured a Sh1.26 billion credit line from DEG — a subsidiary of the German Development Bank, in a sign of the times by local banks to borrow from global market. 2012-02-06T16:43:27Z http://www.nation.co.ke/business/news/Swift+cargo+clearance+system+to+run+in+December+/-/1006/1321472/-/pom901z/-/index.html The government is fast-tracking the implementation plan to ease congestion and accelerate cargo clearance at Mombasa Port. 2012-02-06T16:24:23Z http://www.nation.co.ke/business/news/Bank+refutes+it+was+censured+over+shilling+crisis+/-/1006/1321440/-/ve315e/-/index.html Standard Chartered Bank has denied allegations that it is one of three banks censured by Central Bank over currency speculation last year. 2012-02-06T16:01:15Z http://www.nation.co.ke/business/news/Mitsubishi+to+wind+up+Europe+plant+over+debt+/-/1006/1321400/-/ngos0e/-/index.html Japan’s Mitsubishi Motors said on Monday it would stop manufacturing automobiles in Europe by the end of this year, blaming a difficult operating environment in the debt-wracked continent. 2012-02-06T15:33:37Z http://www.nation.co.ke/business/news/Cane+poaching+cuts+back+sugar+firms+revenues+/-/1006/1321390/-/35pwcuz/-/index.html Cut-throat competition and rampant poaching of cane are negatively impacting on Mumias Sugar Company financial outlook. 2012-02-06T15:22:01Z http://www.nation.co.ke/business/news/Firm+launches+Sh50+cooking+gas/-/1006/1321372/-/ujq6ap/-/index.html Premier Gas Limited has introduced a one kilogramme cooking gas cylinder setting stage for battle in the local market for the product. 2012-02-06T14:52:58Z http://www.nation.co.ke/business/news/CMA+calls+for+new+interim+board+to+run+CMC/-/1006/1321330/-/j5plvxz/-/index.html The capital markets regulator wants a clean interim board constituted to manage CMC Holdings for one year in what could see the current directors mentioned adversely in two forensic reports locked out. 2012-02-06T13:56:05Z http://www.nation.co.ke/business/news/KWS+board+to+run+paperless+operations++/-/1006/1320820/-/1w2i6tz/-/index.html Kenya Wildlife Service (KWS) has introduced a new web application system that will enable its board of trustees to run operations without paper. 2012-02-05T16:03:31Z http://www.nation.co.ke/business/news/Moroccos+airline+gets+clearance+/-/1006/1320816/-/er6iv4/-/index.html The Kenya Government has cleared Morocco’s national carrier Royal Air Maroc for a direct flight from Casablanca to Nairobi, to boost connectivity of the two countries. 2012-02-05T15:57:31Z http://www.nation.co.ke/business/news/Kenya+Airways+prepares+for+rights+issue+/-/1006/1320808/-/p381ynz/-/index.html Kenya Airways has appointed Crested Stock Securities Limited and Orbit Securities Company to join the transaction team that will steer its planned rights issue later this year. 2012-02-05T15:54:04Z http://www.nation.co.ke/business/news/Livestock+farmers+advised+on+disaster+preparedness+/-/1006/1320800/-/ucvcs8/-/index.html The lack of rains being experienced currently spells doom for livestock farmers, as drought threatens to reverse the gains of high milk and beef production. 2012-02-05T15:49:52Z http://www.nation.co.ke/business/news/Uganda+transport+sector+set+for+major+facelift+/-/1006/1320776/-/u6mf0qz/-/index.html Public transport in Uganda is set for major transformation with the launch of a passenger shuttle service that will offer transport services within the country’s capital city. 2012-02-05T15:43:50Z http://www.nation.co.ke/business/news/Real+estate+investors+eye+Eldoret+/-/1006/1320768/-/s0mpjqz/-/index.html Eldoret town is turning out to be a landing pad for real estate developers being pushed out of Nairobi by the high costs of land. 2012-02-05T15:37:55Z http://www.nation.co.ke/business/news/Firm+opposes+planned+chemical+ban+/-/1006/1320764/-/2cu7kc/-/index.html A company has refuted claims that a chemical it relies on to manufacture pesticides causes cancer. 2012-02-05T15:26:54Z http://www.nation.co.ke/business/news/Bank+protests+to+Parliament+over+shilling+probe/-/1006/1320524/-/fh0miu/-/index.html The Co-operative Bank complains to Parliament over claims of currency manipulation 2012-02-04T18:53:20Z http://www.nation.co.ke/business/news/Diaspora+cash+hurts+economy+study+shows+/-/1006/1320320/-/4xukaez/-/index.html Kenyans received Sh75.7 billion in remittances from abroad last year, but experts warn that if not managed properly, such income could end up harming the country’s economy. 2012-02-04T15:43:59Z http://www.nation.co.ke/business/news/Teach+about+GMO+in+schools+say+educators+/-/1006/1320316/-/pigt9d/-/index.html Teaching on genetically modified crop production technology should be made part of the education curriculum to help in inform the debate on the viability of the technology in addressing food security in Kenya. 2012-02-04T15:38:18Z http://www.nation.co.ke/business/news/WB+to+vote+on+funding+civil+society+/-/1006/1320312/-/157iym2z/-/index.html The World Bank board will meet in Washington in April to consider a drastic change in it’s policies by voting to begin funding civil society groups. 2012-02-04T15:33:36Z http://www.nation.co.ke/business/news/Emerging+coffee+growing+regions+smell+top+profits+/-/1006/1320294/-/5fg58pz/-/index.html As traditional coffee-growing areas shrink due to pressure from real estate development and population growth, new farming zones are taking their place and raising hopes of increased production. 2012-02-04T15:24:43Z http://www.nation.co.ke/business/news/Kenyan+banks+to+blame+for+shilling+fal/-/1006/1319834/-/p34b2s/-/index.html The role that banks played in the weakening of the shilling to a historical low is now clear 2012-02-03T19:30:40Z http://www.nation.co.ke/business/news/China+doesnt+intend+to+buy+Europe+PM+/-/1006/1319636/-/132b0i8z/-/index.html China’s Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to “buy Europe” 2012-02-03T14:47:59Z http://www.nation.co.ke/business/news/Energy+use+dips+despite+drop+in+prices+/-/1006/1319634/-/idq6ds/-/index.html Consumption and production of energy dropped in December despite falling prices of oil 2012-02-03T14:46:43Z http://www.nation.co.ke/business/news/Tullow+Oil+Uganda+sign+asset+sale+deal++/-/1006/1319632/-/q1dov2/-/index.html Uganda signs production agreements with Anglo-Irish firm Tullow Oil 2012-02-03T14:45:18Z http://www.nation.co.ke/business/news/Safaricom+apologises+over+Valentine+Katia+gaffe+/-/1006/1319624/-/epqhsbz/-/index.html Safaricom is forced to cancel its valentine season campaign and apologise to its subscribers for sending messages deemed offensive by the public. 2012-02-03T14:31:44Z http://www.nation.co.ke/business/news/World+Bank+to+invest+Sh157bn+in+water+and+energy+by+2014+/-/1006/1319622/-/xwfk72z/-/index.html The World Bank has announced that it will invest Sh157.7 billion in water and energy industries in Kenya 2012-02-03T14:30:07Z http://www.nation.co.ke/business/news/PSVs+in+Nairobi+earmarked+for+census/-/1006/1319620/-/6vl23qz/-/index.html A census of matatus will be carried out in Nairobi with a view to impose regulations on fair competition. 2012-02-03T14:29:54Z http://www.nation.co.ke/business/news/EAC+region+one+of+fastest+growing++/-/1006/1318982/-/14uhfy4z/-/index.html Economies of the East African Community member states grew by more than five per cent last year, making the region one of the fastest growing in world. 2012-02-02T18:07:27Z http://www.nation.co.ke/business/news/Facebook+fever+as+firm+goes+public++/-/1006/1318972/-/bmcxm/-/index.html Investors came down with Facebook fever after the social networking titan filed to go public and seek to raise $5 billion 2012-02-02T18:04:46Z http://www.nation.co.ke/business/news/Transport+sector+in+western+to+get+facelift+/-/1006/1318968/-/qyd2giz/-/index.html President Mwai Kibaki and Prime minister Raila Odinga landed in Kisumu on Thursday, with a bag of goodies targeting the transport sector in the region. 2012-02-02T18:01:54Z http://www.nation.co.ke/business/news/Dispute+between+oil+refinery+and+KRA+headed+to+the+courts+/-/1006/1318776/-/67u6yn/-/index.html A dispute between the taxman and the oil refinery over payment of Sh1.6 billion in customs duty and penalties appears to be headed for the long haul 2012-02-02T16:04:31Z http://www.nation.co.ke/business/news/Central+bank+maintains+its+key+lending+rate+at+18+per+cent+/-/1006/1318200/-/15fbvxlz/-/index.html Central Bank of Kenya left its key lending rate unchanged at 18 per cent yesterday, signalling its determination to keep the rates high until inflation is contained. 2012-02-01T16:24:40Z http://www.nation.co.ke/business/news/World+Bank+Vice+President+to+visit++Kenya+projects+/-/1006/1318194/-/ycyyiwz/-/index.html A World Bank Group vice president is in Kenya on a three day visit. 2012-02-01T16:14:45Z http://www.nation.co.ke/business/news/Banks+now+turn+to+foreign+lenders++/-/1006/1318190/-/oo43ucz/-/index.html Two commercial banks have secured a Sh1.49 billion loan from the European Investment Bank for lending. 2012-02-01T16:10:36Z http://www.nation.co.ke/business/news/European+Union+banks+reluctant+to+lend+says+survey+/-/1006/1318188/-/mso125/-/index.html Eurozone banks are tightening lending conditions for both businesses and households even as demand falls as the sovereign debt crisis drags on. 2012-02-01T16:05:12Z http://www.nation.co.ke/business/news/CBK+retains+lending+rate+at+18pc/-/1006/1318118/-/10j86cb/-/index.html Kenya's Central Bank’s monetary policy committee on Wednesday retained its benchmark lending rate at 18 per cent to consolidate the gains already made in stabilizing the local currency and curb high levels of inflation. 2012-02-01T14:37:30Z http://www.nation.co.ke/business/news/Kengen+to+pay+compensation+for+oil+spill/-/1006/1318034/-/genyp1/-/index.html Kenya's top environmental agency has said it will compel electricity producing firm Kengen to pay for damages after a power station at Kipevu caused an oil spill in the Indian Ocean. 2012-02-01T12:18:13Z http://www.nation.co.ke/business/news/CBK+boss+grilled+in+House+shilling+probe+/-/1006/1317734/-/gl2blez/-/index.html The Central Bank Governor survives a hyped censure from Parliament 2012-01-31T19:29:04Z http://www.nation.co.ke/business/news/Kenya+faces+burden+of+poor+and+aging+population/-/1006/1317474/-/iqvddrz/-/index.html Kenya risks having a big burden of a poor and aging population. Most people are taking advantage of government regulation that allows them to withdraw their pensions before retirement. 2012-01-31T15:47:28Z http://www.nation.co.ke/business/news/Informal+traders+shun+the+bourse+owing+to+poor+info+/-/1006/1317468/-/5xdpnmz/-/index.html Poor investor education coupled with collapse of several stock brokerage firms has seen millions of informal traders shun the bourse. 2012-01-31T15:44:08Z http://www.nation.co.ke/business/news/North+Korea+bans+use+of+foreign+currency+in+markets+/-/1006/1317464/-/ssjffjz/-/index.html North Korea has banned the use of China’s yuan and other foreign currencies in its markets 2012-01-31T15:41:09Z http://www.nation.co.ke/business/news/Inflation+eases+in+January+but+cost+of+medicine+dilutes+gains+/-/1006/1317460/-/75dcc3/-/index.html The cost of living reduced marginally in January, the second month in a row, offering relief to consumers. 2012-01-31T15:34:45Z http://www.nation.co.ke/business/news/Fly+540+seeks+investor+to+enter+global+market+/-/1006/1317456/-/ll12xl/-/index.html Fly 540 is looking for a strategic partner to invest into its business to enable it spread its wings into the international airspace. 2012-01-31T15:29:35Z http://www.nation.co.ke/business/news/Airtel+decries++move+to+halt+call+charges+/-/1006/1317448/-/dpl35sz/-/index.html President Kibaki’s move to stop further cuts in mobile interconnection charges was against a gentleman’s agreement that Airtel made with the country 2012-01-31T15:24:06Z http://www.nation.co.ke/business/news/-/1006/1317384/-/41e27xz/-/index.html Kenya's annual inflation declined for the second consecutive month to 18.31 percent in December due to falls in food prices 2012-01-31T14:21:34Z http://www.nation.co.ke/business/news/General+Electric+to+invest+in+Kenyas+infrastructure+sector+/-/1006/1316984/-/2wh9epz/-/index.html US infrastructure firm, General Electric, has signed an agreement with the government to modernise Kenya’s transport, health and aviation industries. 2012-01-30T17:32:15Z http://www.nation.co.ke/business/news/China+axes+incentives+on+motor+companies+/-/1006/1316974/-/ai638/-/index.html China has withdrawn support for foreign investment in auto manufacturing under new rules that took effect on Monday 2012-01-30T17:27:51Z http://www.nation.co.ke/business/news/Court+stops+sale+of+Posta+land++/-/1006/1316968/-/rnf1oc/-/index.html The High Court has issued an injunction restraining the Postal Corporation of Kenya from selling a prime piece of land which had earlier been offered to Bharti Airtel. 2012-01-30T17:24:49Z http://www.nation.co.ke/business/news/Kenya+Airways+profits+to+drop+by+25+per+cent+/-/1006/1316966/-/bcxws2/-/index.html Kenya Airways expects at least a 25 per cent drop in profits in the year ending March from what it earned last year despite growing its customer numbers. 2012-01-30T17:21:45Z http://www.nation.co.ke/business/news/Eveready+EA+likely+to+engage+in+job+cuts+/-/1006/1316958/-/110tdeg/-/index.html Eveready East Africa is likely to lay off staff depending on the outcome of a study of its employee needs as it struggles to reverse its dwindling revenues.   2012-01-30T17:18:10Z http://www.nation.co.ke/business/news/Google+Kenya+boss+exits+as+data+scam+purge+takes+toll+/-/1006/1316954/-/11c0iafz/-/index.html Google country manager Olga Arara-Kimani has left the firm days after the Internet giant said it had taken action against employees implicated in a recent data poaching scandal. 2012-01-30T17:11:45Z http://www.nation.co.ke/business/news/Eveready+EA+slides+into+loss+making+zone+/-/1006/1316238/-/15dilqjz/-/index.html Eveready East Africa Ltd has slid into loss making territory after years of depressed earnings and hinted at reviewing its personnel with an aim of cutting costs. 2012-01-29T16:22:31Z http://www.nation.co.ke/business/news/Soil+acidity+stifles+maize+yields+/-/1006/1316236/-/xroytv/-/index.html Maize output in North Rift region is fast deteriorating as effects of soil acidity take toll owing to continued use of non-organic fertilisers. 2012-01-29T16:20:30Z http://www.nation.co.ke/business/news/Cellulant+to+run+Barclays+M+Banking+services+/-/1006/1316226/-/l9jeoaz/-/index.html Cellulant Kenya has sealed a deal to provide mobile banking services for Barclays Africa across its markets in the continent. 2012-01-29T16:15:34Z http://www.nation.co.ke/business/news/Sorghum+project+to+shore+up+farmers+earnings/-/1006/1316210/-/e7wqykz/-/index.html Over 500 farmers in Siaya County stand to benefit from a new sorghum growing venture that will start next month.  2012-01-29T16:10:53Z http://www.nation.co.ke/business/news/Current+licence+fees+for+telcom+firms+to+stay/-/1006/1316168/-/s7bhw6/-/index.html Telcom firms will continue paying their monthly license fees at the current rates until June, the regulator’s board has affirmed. 2012-01-29T15:47:28Z http://www.nation.co.ke/business/news/Textile+firms+fear+losses+amid+uncertainty+over+Agoa+fate+/-/1006/1315654/-/5g3kts/-/index.html Textile and apparel firms operating under the Africa Growth and Opportunities Act (Agoa) that allows free access to the American market for designated goods are uncertain about the future of the arrangement. 2012-01-28T16:15:16Z