/business/news/-/1006/1006/-/nd8pia/-/index.html http://www.nation.co.ke/business/news/Eggs-tomatoes-missing-from-Kakamega-shops/-/1006/1856580/-/135iy90/-/index.html Many families in Kakamega County are not eating eggs and tomatoes because of an acute shortage in the region 2013-05-18T16:33:01Z http://www.nation.co.ke/business/news/-/1006/1856576/-/18juq2z/-/index.html The government has started a campaign to increase the use of technology by cooperative societies 2013-05-18T16:26:08Z http://www.nation.co.ke/business/news/NSE-woos-oil-mining-firms-to-the-bourse/-/1006/1856570/-/gpcbl6z/-/index.html The Nairobi Securities Exchange is now wooing oil, gas, coal and other mining companies with operations in Kenya to consider listing on the exchange as way of raising capital and also to comply with the shareholding rules 2013-05-18T16:21:08Z http://www.nation.co.ke/business/news/Conmen-target-Kirinyaga-land-compensation-scheme/-/1006/1856564/-/11hv63z/-/index.html Fraudsters have invaded Kirinyaga County and are frustrating government’s efforts to compensate farmers to pave way for the construction of Sh13 billion water dam for the expansion of rice irrigation 2013-05-18T16:18:06Z http://www.nation.co.ke/business/news/Counties-face-procurement-nightmare/-/1006/1856560/-/13liyfbz/-/index.html County governments are faced with the prospect of being unable to absorb allocated funds due to lengthy procurement processes even as some plan to borrow to cover expected shortfalls in allocations 2013-05-18T16:14:31Z http://www.nation.co.ke/business/news/Top-Total-Kenya-staff-face-Sh45m-fraud-claim/-/1006/1856558/-/aaen13z/-/index.html Oil marketer Total Kenya has lost a bid to stop the arrest of nine of its top managers wanted by police on allegations of committing fraud that cost the company Sh45 million 2013-05-18T16:14:10Z http://www.nation.co.ke/business/news/Facebook-and-Twitter-launch-software-for-Google-eyeware-/-/1006/1856002/-/oug735/-/index.html Facebook and Twitter have launched applications for Google glasses as developers rushed to learn more about tailoring software for the Internet-linked eyewear yet to hit the market. 2013-05-17T20:23:32Z http://www.nation.co.ke/business/news/High-growth-tops-Treasury-plan-/-/1006/1855992/-/14iqahoz/-/index.html Four of the newly appointed Cabinet Secretaries took over offices Friday, promising to keep the country on the reform and growth path. 2013-05-17T20:14:28Z http://www.nation.co.ke/business/news/Survey-to-clear-Kenya-as-yellow-fever-risk-country-launched--/-/1006/1855774/-/9hby6xz/-/index.html The government has launched a survey on prevalence of yellow fever as it seeks to clear Kenya as a high risk country, a plan that is likely to boost tourism. 2013-05-17T16:01:14Z http://www.nation.co.ke/business/news/Board-seeks-Sh8bn-more-to-repair-roads-/-/1006/1855764/-/rpdlue/-/index.html Kenya Roads Board is seeking an additional of Sh8.5 billion for emergency repairs countrywide following floods which swept bridges and rendered most roads impassable. 2013-05-17T15:54:52Z http://www.nation.co.ke/business/news/Greece-youth-delay-moving-out-on-harsh-times/-/1006/1855282/-/7nbxi3/-/index.html In a society where family ties traditionally play a prominent role, Greece's deep economic crisis apparently offers a few Greek mothers a reason to be happy. 2013-05-17T04:00:38Z http://www.nation.co.ke/business/news/Dell-profits-plunge-on-PC-woes/-/1006/1855230/-/j16ddj/-/index.html US computer giant Dell said Thursday its quarterly profit plunged 79 per cent from a year ago, as a shift away from PCs hammered the company's bottom line. 2013-05-17T01:35:25Z http://www.nation.co.ke/business/news/Agencies-push-for-single-identification-number-for-persons/-/1006/1854692/-/37c7v1/-/index.html State agencies are pushing for the adoption of one identification number that will be used on all documents ranging from birth certificates, ID cards, passport, national social security number, national hospital insurance fund number and driving licence 2013-05-16T14:43:10Z http://www.nation.co.ke/business/news/Safaricom-share-price-under-pressure-at-bourse/-/1006/1854676/-/4q8kw1/-/index.html Safaricom’s share price came under pressure from profit takers two days after announcing impressive full year financial results 2013-05-16T14:22:04Z http://www.nation.co.ke/business/news/KCB-unveils-Sh5bn-hotel-for-tourists/-/1006/1854650/-/lowrwf/-/index.html A Sh5 billion furnished five-star luxury marina was Thursday unveiled at the coast. 2013-05-16T14:00:42Z http://www.nation.co.ke/business/news/-/1006/1854634/-/18l8ojz/-/index.html NIC Bank has appointed a new managing director to replace Mr James Macharia who has resigned to take up the position of Cabinet Secretary for Health 2013-05-16T13:50:39Z http://www.nation.co.ke/business/news/Uhurus-pledge-to-private-sector-/-/1006/1853896/-/o89ykqz/-/index.html President Uhuru Kenyatta has said his government is working on policies that will boost the growth of the private sector. 2013-05-15T16:41:27Z http://www.nation.co.ke/business/news/NSSF-to-lay-off-500-workers-in-costs-cut-drive-/-/1006/1853882/-/8vewcez/-/index.html The public pensioner will lay off over 500 staff to cut costs. 2013-05-15T16:34:30Z http://www.nation.co.ke/business/news/Six-firms-fail-to-meet-Central-Banks-rules--/-/1006/1853870/-/l4gktaz/-/index.html Six commercial banks failed to meet standards set by the Central Bank as at the end of 2012. 2013-05-15T16:13:24Z http://www.nation.co.ke/business/news/President-Uhuru-pledges-support-for-private-sector/-/1006/1853584/-/vyf6y9z/-/index.html President Uhuru Kenyatta has said his government will continue to support growth of the private sector in Kenya. 2013-05-15T12:07:10Z http://www.nation.co.ke/business/news/-/1006/1853536/-/18lxs4z/-/index.html The National Social Security Fund (NSSF) has said it will conduct a door-to-door inspection in residential houses to ensure all domestic workers are registered. 2013-05-15T11:15:03Z http://www.nation.co.ke/business/news/Safaricom-earnings-increase-39-pc/-/1006/1852824/-/mr4jjr/-/index.html Safaricom on Tuesday reported a Sh17.5 billion in after tax profit making it the most profitable listed company in the region 2013-05-14T17:13:42Z http://www.nation.co.ke/business/news/Reprieve-as-fuel-cost-goes-down/-/1006/1852822/-/o9hupwz/-/index.html Fuel prices went down by as high as Sh5 as the regulator announced this month’s pump prices, offering relief to consumers and a boost to the falling cost of living 2013-05-14T17:11:54Z http://www.nation.co.ke/business/news/Airtel-Kenya-unveils-new-bundles/-/1006/1852820/-/5q872f/-/index.html Airtel Kenya has introduced a new range of bundles that will see its customers enjoy voice calls, SMS and data services from as low as Sh10 daily 2013-05-14T17:10:46Z http://www.nation.co.ke/business/news/Uchumi-turns-to-investors-for-more-cash/-/1006/1852818/-/1077jcgz/-/index.html The Uchumi supermarket chain is seeking more money from its shareholders, which is expected to indicate the level of confidence the investors have in the company 2013-05-14T17:08:44Z http://www.nation.co.ke/business/news/CMA-set-to-step-up-oversight/-/1006/1852814/-/4opeya/-/index.html The Capital Markets Authority is reviewing corporate governance guidelines to enhance scrutiny on companies and directors of public-listed companies 2013-05-14T17:07:10Z http://www.nation.co.ke/business/news/Reinsurer-reaps-from-rush-for-political-cover/-/1006/1852808/-/wl29t5z/-/index.html A rush to insure against political risk in the lead up to the March 4, 2013 General Election earned a handsome profit for a reinsurance company 2013-05-14T17:05:03Z http://www.nation.co.ke/business/news/ERC-announces-reduction-in-fuel-prices/-/1006/1852692/-/ce88nz/-/index.html The Energy Regulatory Commission has reduced the price of fuel in a move that offers some reprieve to consumers 2013-05-14T15:00:41Z http://www.nation.co.ke/business/news/-/1006/1852028/-/18mr2ez/-/index.html Telecoms firm Safaricom has recorded a 39 per cent increase in profit after tax to Sh17.5 billion for the period ended March 2013. 2013-05-14T05:45:01Z http://www.nation.co.ke/business/news/Microfinance--licensed-to-take-deposits-/-/1006/1851774/-/xbteypz/-/index.html A microfinance institution has been issued with a licence to collect deposits from the public. 2013-05-13T19:54:52Z http://www.nation.co.ke/business/news/Tourism-looking-up-says-PS-/-/1006/1851766/-/dcgsypz/-/index.html The peaceful government transition has restored confidence in Kenya as a safe tourist destination, a permanent secretary has said. 2013-05-13T19:52:56Z http://www.nation.co.ke/business/news/Toyota-starts-to-assemble-Hino-buses-in-Nakuru-/-/1006/1851762/-/sly4vg/-/index.html Toyota Kenya has begun assembling its Hino buses and trucks in Nakuru Town as it seeks to increase its presence in counties. 2013-05-13T19:50:21Z http://www.nation.co.ke/business/news/7m-Jua-Kali-workers-to-benefit-from-new-retirement-scheme-/-/1006/1851746/-/kju5hsz/-/index.html More than seven million Kenyans working in the informal sector are set to benefit from a new partnership between the World Bank and the Retirement Benefits Authority. 2013-05-13T19:44:37Z http://www.nation.co.ke/business/news/Kenyan-experts-search-for-swine-fever-vaccine/-/1006/1850560/-/dcdqlgz/-/index.html Scientists in Kenya have launched research of a vaccine to be used against African swine fever 2013-05-12T20:30:00Z http://www.nation.co.ke/business/news/SMEs-bank-on-new-law-to-win-contracts/-/1006/1850386/-/q0mts7z/-/index.html Investors in the micro and small business industry are banking on a new law to open trade opportunities in the national and county governments 2013-05-12T17:51:51Z http://www.nation.co.ke/business/news/Bloc-rolls-out-plan-to-ease-supply-of-drugs/-/1006/1850384/-/4jxn4kz/-/index.html A regional secretariat has started implementing a plan that is set to address the challenges faced in the supply of drugs 2013-05-12T17:50:27Z http://www.nation.co.ke/business/news/Investors-share-purchases-hit-Sh23bn/-/1006/1850364/-/13moptl/-/index.html Share purchases by foreign investors at the bourse almost doubled in the first four months this year, highlighting the increasing attraction of Kenya’s equity market 2013-05-12T17:48:06Z http://www.nation.co.ke/business/news/Cigarette-maker-seeks-ban-on-Uganda-firms/-/1006/1850350/-/158qjnrz/-/index.html A Kenyan cigarette maker has asked the government to impose a ban on Ugandan firms using the country as a transit route of their products 2013-05-12T17:46:32Z http://www.nation.co.ke/business/news/Stock-markets-ride-high-but-beware-of-a-fall/-/1006/1849892/-/1hi0gx/-/index.html Optimism is blowing through stock markets around the world, lifting many of them to record high levels but this contrasts with widespread economic gloom and leads some analysts to wonder if some of it is just hot air. 2013-05-12T06:04:11Z http://www.nation.co.ke/business/news/Buildings-on-road-bypass-in-Kajiado-to-be-pulled-down-/-/1006/1849642/-/h5o4mdz/-/index.html Encroachment on parts of a 23-kilometre bypass meant to link Kitengela and Ongata Rongai has derailed construction work since last year despite a Sh323 million government allocation to the project. 2013-05-11T16:01:55Z http://www.nation.co.ke/business/news/Oil-gas-finds-spur-investor-interest-in-eastern-Africa-/-/1006/1849626/-/n49jqh/-/index.html Kenya has been touted as one of the hottest frontiers for investment in oil and gas exploration in the world. 2013-05-11T14:55:57Z http://www.nation.co.ke/business/news/New-rules-to-stamp-out-money-laundering-/-/1006/1849616/-/2mvwgq/-/index.html Money transferring is to come under greater scrutiny as the government moves to reduce the risk of laundering and transactions meant to sustain terrorism. 2013-05-11T14:48:54Z http://www.nation.co.ke/business/news/Debate-rages-over-14-pc-pay-directive-/-/1006/1849608/-/vmxhyh/-/index.html Debate continues over President Uhuru Kenyatta’s order raising the minimum wage by 14 per cent as employers as manufacturers complain it will have a negative impact on the economy. 2013-05-11T14:39:54Z http://www.nation.co.ke/business/news/World-Bank-data-on-measure-of-global-poverty-level-faulted/-/1006/1848684/-/3efvklz/-/index.html In early 2012, outgoing World Bank President Robert Zoellick announced that the Millennium Development Goal of halving the global poverty rate relative to its 1990 level had been achieved in 2010 – five years ahead of schedule. 2013-05-10T16:11:10Z http://www.nation.co.ke/business/news/Check-your-bank-account-status-lobby-urges-clients/-/1006/1848682/-/bk92n4z/-/index.html The Kenya Bankers Association (KBA) is calling on all bank account holders to confirm the status of their money or any other assets before they are surrendered to the recently formed unclaimed financial assets authority. 2013-05-10T16:08:14Z http://www.nation.co.ke/business/news/Kenya-Power-share-price-sheds-6pc/-/1006/1848678/-/sdd5pt/-/index.html Kenya Power share price declined by 6.7 per cent to touch a two-month low a day after the government rejected its proposal to increase power tariffs. 2013-05-10T16:01:49Z http://www.nation.co.ke/business/news/Annan-demands-tighter-G8-resource-rules-to-aid-Africa/-/1006/1848688/-/150249tz/-/index.html The Group of Eight (G8) economic powers must adopt tough new rules for the energy and mining sectors to stem corruption and tax evasion that is bleeding wealth from Africa, according to former UN secretary general Kofi Annan. 2013-05-10T01:55:23Z http://www.nation.co.ke/business/news/Kenya-Power-loses-bid-to-raise-tariffs/-/1006/1847674/-/7lxghi/-/index.html Kenya Power’s intention to increase electricity tariffs hit a dead end on Thursday following the government’s rejection of the proposal 2013-05-09T18:00:27Z http://www.nation.co.ke/business/news/StanCharts-branch-to-run-without-cashiers/-/1006/1847666/-/hmy9h0z/-/index.html A move to do away with bank cashiers took a first step on Thursday with the introduction of an unmanned digital branch by Standard Chartered Bank 2013-05-09T17:55:21Z http://www.nation.co.ke/business/news/Safaricom-arm-to-build-300-houses/-/1006/1847662/-/132hkgd/-/index.html Safaricom Investment Cooperative (SIC) is to construct 300 housing units at a cost of Sh1 billion at Mlolongo in Machakos County 2013-05-09T17:52:56Z http://www.nation.co.ke/business/news/EABL-to-scale-up-sale-of-cheap-brand/-/1006/1847650/-/d4x8yj/-/index.html Beer manufacturer East African Breweries Ltd will open new distribution centres countrywide for its low cost beer brands as part of a move to eat into the illicit brew market 2013-05-09T17:44:15Z http://www.nation.co.ke/business/news/Nokia-unveils-new-Asha-series-phone/-/1006/1847638/-/xjwc2rz/-/index.html Finnish phone manufacturer Nokia, in its fight to regain lost ground in the global mobile phone market, has unveiled a new handset in its mid-range Asha series 2013-05-09T17:39:16Z http://www.nation.co.ke/business/news/One-time-gains-boost-News-Corp-profit/-/1006/1846948/-/n0ro7p/-/index.html News Corp said Wednesday profit in the past quarter tripled to $2.85 billion, boosted by a one-time gain from its German satellite TV operations, and improvements in cable TV and film operations 2013-05-09T02:41:28Z http://www.nation.co.ke/business/news/Kenya-ready-to-produce-oil-now/-/1006/1846570/-/13ojlfu/-/index.html Kenya could start producing oil earlier than expected, with the company currently exploring oil saying it’s ready to start production “now” if the road network is improved. 2013-05-08T16:47:43Z http://www.nation.co.ke/business/news/KCB-gets-25pc-rise--in-profit-/-/1006/1846568/-/kc0a9y/-/index.html Kenya Commercial Bank has recorded a 25 per cent increase in profits after tax for the first three months to March 31 supported by cheaper deposits and increase in foreign exchange income. 2013-05-08T16:47:03Z http://www.nation.co.ke/business/news/Top-100-company-award-entries-expand-to-counties---/-/1006/1846564/-/ksi1bqz/-/index.html This year’s Top-100 mid-sized company’s awards will receive entries from all the 47 counties. 2013-05-08T16:46:15Z http://www.nation.co.ke/business/news/-/1006/1846550/-/196eobz/-/index.html President Dilma Rousseff has hailed the election of Brazilian Roberto Azevedo as new head of the World Trade Organisation, saying, it will help bring about a “more dynamic and just” world economic order. 2013-05-08T16:43:21Z http://www.nation.co.ke/business/news/-Branson-open-to-total-sale-of-Virgin-Australia/-/1006/1845884/-/9sinae/-/index.html Virgin Group chief Richard Branson has aired the possibility of selling his entire stake in budget carrier Virgin Australia, saying the airline's branding is more important to him than ownership. 2013-05-08T03:01:20Z http://www.nation.co.ke/business/news/Central-Bank-cuts-benchmark-lending-rate/-/1006/1845554/-/ro5nnz/-/index.html The benchmark lending rate has been reduced for the second time this year to support credit growth in the economy following a peaceful General Election 2013-05-07T17:52:40Z http://www.nation.co.ke/business/news/Galaxy-S4-launch/-/1006/1845542/-/ucicjxz/-/index.html The South Korean electronics firm, Samsung, launched the much-touted latest Galaxy S4 models in Kenya, heightening smartphone wars in the market 2013-05-07T17:49:09Z http://www.nation.co.ke/business/news/Firm-sells-health-arm-to-meet-new-rule/-/1006/1845528/-/1224hwe/-/index.html Alexander Forbes has sold its Kenyan healthcare arm in a bid to comply with a directive by the insurance authority on individual ownership and risk-based supervision 2013-05-07T17:43:23Z http://www.nation.co.ke/business/news/Shot-in-the-arm-for-Turkana-wind-power-project/-/1006/1845506/-/a4qe3z/-/index.html The Turkana wind power project has been given a new lease of life after African Development Bank approved $149.5 million (Sh12bn) funding, bringing to an end a seven-year battle with various authorities over its implementation 2013-05-07T17:36:35Z http://www.nation.co.ke/business/news/Cost-of-electricity-to-come-down-in-2017/-/1006/1845440/-/4uqss5z/-/index.html Electricity cost is expected to come down from 2017 when the country will get power from Ethiopia 2013-05-07T17:28:51Z http://www.nation.co.ke/business/news/NMG-and-KIM/-/1006/1845422/-/hgghd/-/index.html The Nation Media Group and the Kenya Institute of Management will offer small and medium enterprises an opportunity to share their business models while learning from each other on the best practices 2013-05-07T17:20:31Z http://www.nation.co.ke/business/news/SAA-fights-to-keep-flag-flying/-/1006/1844676/-/bcunhw/-/index.html South African Airlines is one of the continent's leading carriers, but financial battles and seemingly endless changes of leadership have put its future at risk 2013-05-07T03:56:56Z http://www.nation.co.ke/business/news/North-Rift-leaders-want-fertiliser-agency-set-up/-/1006/1844070/-/q91u3o/-/index.html Leaders in the North Rift are calling for the establishment of a special agency to deal with the supply and distribution of subsidised fertiliser. 2013-05-06T15:58:45Z http://www.nation.co.ke/business/news/Poll-jitters-eat-into-cash-from-diaspora/-/1006/1844066/-/rdqmoi/-/index.html Diaspora remittances increased marginally in the first quarter that ended in March with inflows hampered by reduced economic activity due to the General Election. 2013-05-06T15:56:12Z http://www.nation.co.ke/business/news/South-African-firm-in-bid-to-buy-AcessKenya--/-/1006/1844062/-/lfltg/-/index.html South African technology giant Dimension Data wants to acquire Kenyan internet service provider AcessKenya for Sh3.05 billion as part of its strategy to expand its footprint in sub-Saharan Africa. 2013-05-06T15:52:36Z http://www.nation.co.ke/business/news/Equity-plans-holding-firm-to-oversee-regional-businesses/-/1006/1844050/-/ggyg14z/-/index.html Equity Bank plans to establish a holding company that will run its operations in East Africa. 2013-05-06T15:42:31Z http://www.nation.co.ke/business/news/Equity-Bank-s-2013-1st-quarter-net-profit-up-21-per-cent/-/1006/1843386/-/ywfx9a/-/index.html Equity Bank’s net profit for the first quarter of 2013 rose 21 per cent to Sh3.2 billion from Sh2.6 billion the same period last year. 2013-05-06T07:43:17Z http://www.nation.co.ke/business/news/State-to-vaccinate-61-million-livestock/-/1006/1843116/-/hnqq43/-/index.html The government has unveiled a plan to improve trade in livestock by vaccinating 61 million livestock in the next financial year 2013-05-05T20:30:00Z http://www.nation.co.ke/business/news/Energy-body-coming-up-with-new-laws/-/1006/1843132/-/x7ax1yz/-/index.html A regulator has said it is setting a new legislative framework and regulation on transportation of petroleum in the country 2013-05-05T19:36:01Z http://www.nation.co.ke/business/news/Involve-us-in-cashless-matatu-fare-talks/-/1006/1843130/-/8vmgw5z/-/index.html A matatu lobby group wants all investors in the public service transport consulted before the proposed cashless payment of fares is included in the Traffic Act 2013-05-05T19:34:01Z http://www.nation.co.ke/business/news/Why-you-pay-Sh10-more-for-a-litre-of-fuel/-/1006/1842342/-/bxlai4z/-/index.html Kenyans are paying up to Sh10 more for a litre of fuel due to inefficiencies at the oil refinery in Mombasa, a new report says. 2013-05-04T15:34:08Z http://www.nation.co.ke/business/news/Insurers-lose-billions-in-medical-fraud-racket/-/1006/1842340/-/ww5fghz/-/index.html Kenyan medical insurance firms are losing billions of shillings through a well-coordinated racket involving traders and card-holders. 2013-05-04T15:31:04Z http://www.nation.co.ke/business/news/Coffee-prices-decline-as-quality-dips-/-/1006/1842336/-/kae3rjz/-/index.html The price of Kenyan coffee has declined for the last five sessions in a row of trading at the Nairobi Coffee Exchange in what dealers attribute to low quality beans. 2013-05-04T15:25:07Z http://www.nation.co.ke/business/news/Budget-faces-legal-hitch-over-how-revenue-will-be-raised/-/1006/1842328/-/qs2stw/-/index.html Despite rushing the Budget estimates to Parliament last Tuesday evening, the Treasury did not fulfil the requirements of the Constitution by failing to submit its estimates on revenue, an MP has said. 2013-05-04T15:17:00Z http://www.nation.co.ke/business/news/Taxman-in-a-tight-spot-to-net-Sh920bn-new-revenue-target/-/1006/1841404/-/vkb97xz/-/index.html The Sh1.6 trillion budget tabled on Thursday has put the taxman in a tight spot over tax collection because the government set a higher target despite missing the present one. 2013-05-03T16:37:04Z http://www.nation.co.ke/business/news/State-cuts-energy-budget-by-Sh1-4bn-despite-blackouts/-/1006/1841154/-/81p6vez/-/index.html The government has scaled down spending on energy even as power outages hit a crisis level. 2013-05-03T14:50:38Z http://www.nation.co.ke/business/news/Sh84bn-set-to-anchor-devolution/-/1006/1841140/-/oedeydz/-/index.html The government has set aside Sh84.9 billion to help anchor devolution over the next financial year at the county level. 2013-05-03T14:36:42Z