/business/news/-/1006/1006/-/nd8pia/-/index.html http://www.nation.co.ke/business/news/Shilling-sheds-its-value-over-proposed-tax-on-capital-gain-/-/1006/1888452/-/kxkabyz/-/index.html The planned reintroduction of the Capital Gains Tax has seen both the shilling and the stock market weaken in the last one week even as confusion on whether the tax will apply on the trading of shares persists 2013-06-19T16:12:10Z http://www.nation.co.ke/business/news/-/1006/1888326/-/16nw44z/-/index.html Kenyans will see the last of the Local Authorities Transfer Fund (LATF) when the draft Financial Bill 2013 is tabled in parliament 2013-06-19T16:00:00Z http://www.nation.co.ke/business/news/-/1006/1888334/-/16nw3az/-/index.html The water sector has received a major boost with the injection of Sh13 billion to set up infrastructure 2013-06-19T14:57:46Z http://www.nation.co.ke/business/news/Airtel-strikes-deal-with-Total/-/1006/1888318/-/thn50sz/-/index.html Airtel Kenya has announced a partnership with oil marketer, Total, allowing customers to pay for fuel though Airtel Money 2013-06-19T14:46:51Z http://www.nation.co.ke/business/news/Facebook-touts-advertising-milestone/-/1006/1887742/-/b5d05k/-/index.html Facebook said Tuesday that more than a million businesses now advertise at the leading social network 2013-06-19T01:27:12Z http://www.nation.co.ke/business/news/Treasury-ropes-in-Saccos-in-bid-to-meet-Sh900bn-target/-/1006/1887188/-/v8u8xnz/-/index.html Savings and credit societies have been tapped to help government raise additional revenue by a requirement that they pay a 10 per cent excise duty on their transaction fee 2013-06-18T15:54:54Z http://www.nation.co.ke/business/news/-/1006/1887142/-/16omxjz/-/index.html The Kenya Power and water firms have been urged to improve governance and accountability to improve service delivery and reduce costs 2013-06-18T15:35:50Z http://www.nation.co.ke/business/news/Chevrolet-launches-new-pick-up-in-Kenya/-/1006/1887118/-/13nx5ndz/-/index.html Chevrolet has launched a new model in the country, as it seeks to capture the lucrative commercial segment in the motor vehicle industry 2013-06-18T15:28:15Z http://www.nation.co.ke/business/news/Poor-accounting-hurts-East-African-EU-talks/-/1006/1887112/-/8qkguz/-/index.html A lack of transparency has been blamed for lose of funding by a regional economic bloc to facilitate key trade talks with Europe 2013-06-18T15:23:07Z http://www.nation.co.ke/business/news/Kenyas-new-budgeting-process/-/1006/1887086/-/129n0n5z/-/index.html Although the dust raised by the upcoming financial year’s budget speech is yet to settle down, the National Treasury will soon have to buckle down and begin work on the 2014/2015 budget 2013-06-18T15:09:41Z http://www.nation.co.ke/business/news/World-Bank-calls-for-raft-of-changes-in-economy/-/1006/1886054/-/6sxoh7/-/index.html The structure of the Kenyan economy needs to change for the country to achieve sustainable growth rates, a new World Bank report says. 2013-06-17T15:55:25Z http://www.nation.co.ke/business/news/Bank-wants-survey-to-assess-poverty-policies/-/1006/1886044/-/a5jht9/-/index.html The World Bank has called for a new survey to evaluate the impact of government strategies on poverty reduction in Kenya. 2013-06-17T15:50:56Z http://www.nation.co.ke/business/news/Pressure-on--public-purse-linked-to-low-VAT-revenue/-/1006/1886040/-/nx2by1z/-/index.html Failure by legislators to pass VAT law has been linked to increased pressure on the government expenditure. 2013-06-17T15:49:27Z http://www.nation.co.ke/business/news/26-new-railways-to-ease-Nairobi-traffic/-/1006/1886026/-/a12q7wz/-/index.html Plans to decongest Nairobi city have gathered steam with the proposed construction of 26 new railway stations in the Nairobi metropolitan area. 2013-06-17T15:45:01Z http://www.nation.co.ke/business/news/EAC-rejects-Europe-trade-move/-/1006/1886010/-/6wmto2z/-/index.html East African countries have rejected attempts by the European Union to include clauses on governance and human rights in a trade agreement. 2013-06-17T15:37:37Z http://www.nation.co.ke/business/news/Lightning-and-thunder-steal-the-show-at-air-fair/-/1006/1886004/-/lkl3db/-/index.html The world’s biggest air show began with a huge order for the Airbus superjumbo, deals for Boeing’s troubled Dreamliner, and a bang from thunder and lightning on Monday. 2013-06-17T15:35:22Z http://www.nation.co.ke/business/news/Plan-for-Kenya-Uganda--oil-pipeline-picks-speed/-/1006/1885960/-/t8s6ayz/-/index.html Plans to build an oil pipeline between Kenya and Uganda have entered a crucial stage following a commitment by Uganda government to speed up the project. 2013-06-17T15:21:46Z http://www.nation.co.ke/business/news/KenolKobil-seeks-ERCs-help-in-row/-/1006/1885010/-/t6nbeg/-/index.html Troubled oil marketer KenolKobil has turned to the Energy Regulatory Commission to resolve a dispute in which the company has been denied fuel allocation from the Mombasa refinery 2013-06-16T15:37:39Z http://www.nation.co.ke/business/news/Telkom-signs-deal-with-London-firm/-/1006/1885000/-/11avvx5/-/index.html Telkom Kenya has signed a deal with a London-based company for the management of its passive network infrastructure 2013-06-16T15:30:53Z http://www.nation.co.ke/business/news/Fastjet-to-expand-operations/-/1006/1884986/-/xuydlx/-/index.html Fastjet, the African budget airline, operating from Kenya and Tanzania, will expand its operation soon, with flights to South Africa, Rwanda and Zambia by the end of the year 2013-06-16T15:23:35Z http://www.nation.co.ke/business/news/New-milk-plant-to-benefit-8000-farmers/-/1006/1884342/-/11ywnfvz/-/index.html More than 8,000 dairy farmers will benefit from a Sh7.5 million milk plant under construction in Rongai District of Nakuru County once it is operational in October. 2013-06-15T18:09:49Z http://www.nation.co.ke/business/news/Kindaruma-to-inject-additional-72MW-into-the-power-grid/-/1006/1884338/-/qvdl5sz/-/index.html Aprogramme to grow the country’s power supply has received a huge boost following the completion of an upgrading programme at the Kindaruma power plant. 2013-06-15T18:03:19Z http://www.nation.co.ke/business/news/Cost-of-doing-business-to-reduce-say-manufacturers/-/1006/1884334/-/h8chsz/-/index.html Manufacturers have welcomed this year’s Budget, saying it has paid attention to development of infrastructure that is central to manufacturing. 2013-06-15T17:59:19Z http://www.nation.co.ke/business/news/Ministry-rolls-out-plan-to-irrigate-one-million-acres/-/1006/1884330/-/g4m4ouz/-/index.html The government has set off the process of establishing the largest irrigation scheme in the country to achieve an ambitious plan to shift from rain-fed agriculture to resolve the frequent problem of food shortages. 2013-06-15T17:54:50Z http://www.nation.co.ke/business/news/Ruto-calls-for-greater-focus-on-industry/-/1006/1883670/-/11hj9lr/-/index.html Deputy President William Ruto has encouraged African countries to strengthen their efforts in pursuing an industrialisation agenda to achieve sustainable economic growth 2013-06-15T08:42:28Z http://www.nation.co.ke/business/news/-/1006/1883532/-/16rc4az/-/index.html Kenya's economic growth will be range-bound at 5 to 6 per cent in the period between 2013 to 2015, the global credit rating agency Moodys said on Friday. 2013-06-15T02:14:22Z http://www.nation.co.ke/business/news/Sugar-Board-opposes-new-law/-/1006/1883242/-/43067y/-/index.html The Kenya Sugar Board has urged farmers to resist attempts to implement the Agriculture, Livestock, Fisheries and Food Authority Act saying it will hurt the industry. 2013-06-14T16:05:09Z http://www.nation.co.ke/business/news/Blow-for-the-poor-as-kerosene-price-up-by-Sh2/-/1006/1883236/-/el5jjf/-/index.html Low income households will spend more on fuel in the coming month following a directive by the Energy Regulatory Commission to raise the price of kerosene. 2013-06-14T15:59:17Z http://www.nation.co.ke/business/news/Counties-urged-to-help-revive-coffee-crop/-/1006/1883234/-/d8tul7z/-/index.html County governments have been asked to assist in reviving coffee farming which provide jobs for 5 million Kenyans. 2013-06-14T15:56:57Z http://www.nation.co.ke/business/news/Kenya-Airways-records-Sh7-8bn-net-loss-as-passengers-reduce/-/1006/1883232/-/9lmp8nz/-/index.html Kenya Airways recorded a Sh7.8 billion net loss for the 12 months through to March 2013 on low passenger numbers and loss on currency exchange. 2013-06-14T15:54:41Z http://www.nation.co.ke/business/news/Turkish-leaders-urged-to-invest-in-Kenya/-/1006/1882862/-/vvauci/-/index.html President Uhuru Kenyatta has assured international investors that the government will support them if they do business in Kenya. 2013-06-14T11:28:53Z http://www.nation.co.ke/business/news/-/1006/1882714/-/16ryw9z/-/index.html Kenya Airways posted an Sh7.86 billion loss after tax for the year ended March, hit by a drop in passenger numbers after several foreign governments advised their citizens against travelling to the country due to security concerns. 2013-06-14T08:33:29Z http://www.nation.co.ke/business/news/Google-warns-of-user-names-theft-in-Iran/-/1006/1882204/-/6od2s0/-/index.html Google says it has been battling what appeared to be politically targeted efforts to steal the user names and passwords of tens of thousands of account holders in Iran. 2013-06-13T16:57:08Z http://www.nation.co.ke/business/news/Yahoo-buys-smartphone-photo-app-maker-GhostBird/-/1006/1882200/-/e7vv5tz/-/index.html Yahoo! has announced it has bought a start-up that makes picture-taking applications for iPhones to enhance its Flickr photo service. 2013-06-13T16:55:29Z http://www.nation.co.ke/business/news/yuMobile-set-to-launch-3G-network/-/1006/1882194/-/vs0ss4/-/index.html yuMobile will soon roll out a 3G network as it seeks to increase revenues from its data business. 2013-06-13T16:52:52Z http://www.nation.co.ke/business/news/Bank-lowers-2013-growth-prospects/-/1006/1882188/-/kolubhz/-/index.html The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis. 2013-06-13T16:46:26Z http://www.nation.co.ke/business/news/Oil-agencys-move-on-defaulters-splits-firms/-/1006/1882166/-/crorhv/-/index.html Oil marketers are sharply divided over a threat by the Energy Regulatory Commission to withdraw licences of firms that have defaulted on payment for products from the Kenya Petroleum Refineries Ltd. 2013-06-13T16:30:21Z http://www.nation.co.ke/business/news/Slow-pace-in-clearing-cargo-hurts-business/-/1006/1882164/-/13gngu2/-/index.html Cargo movement at the Malaba border has slowed down as trucks are being held up at weighbridges. 2013-06-13T16:27:30Z http://www.nation.co.ke/business/news/KRA-told-to-go-after-landlords/-/1006/1882150/-/13xsngyz/-/index.html The taxman has up to the end of this year to establish a robust institutional framework that will bring landlords in all major cities into the national tax bracket. 2013-06-13T16:22:23Z http://www.nation.co.ke/business/news/State-to-spend-Sh800m-on-weighbridges/-/1006/1880822/-/12wwrce/-/index.html The government will spend more than Sh800 million to set up modern weighbridges to improve efficiency along the Northern Corridor 2013-06-12T15:33:22Z http://www.nation.co.ke/business/news/CMC-now-scouts-for-partner/-/1006/1880814/-/u0uu04z/-/index.html Car dealer, CMC holdings Ltd, is seeking a strategic partner to boost its business. The move could result in a strategic investment or a takeover. 2013-06-12T15:29:48Z http://www.nation.co.ke/business/news/Firms-seek-to-end-deal-with-refinery/-/1006/1880802/-/15f7kclz/-/index.html The oil industry’s Supply Co-ordination Committee will hold a meeting on Thursday to discuss several concerns facing the sector 2013-06-12T15:24:07Z http://www.nation.co.ke/business/news/-/1006/1880790/-/16tdcmz/-/index.html Kenya Commercial Bank has received a high rating in the ability to meet its financial obligations 2013-06-12T15:20:42Z http://www.nation.co.ke/business/news/Sudan-orders-firms-to-shut-pipeline/-/1006/1880052/-/q424vbz/-/index.html Sudan's oil ministry formally told oil companies on Tuesday to block exports of South Sudanese crude following an order from President Omar al-Bashir 2013-06-12T02:18:46Z http://www.nation.co.ke/business/news/State-cuts-Sh47bn-development-expenditure-over-higher-pay-push/-/1006/1879604/-/rrjxw1z/-/index.html Pressure to increase pay for civil servants and falling revenue collection forced the government to slash development budget by Sh47 billion in the year ending June 30. 2013-06-11T16:28:13Z http://www.nation.co.ke/business/news/Anti-counterfeits-law-set-for-review-/-/1006/1879602/-/oab7ck/-/index.html The anti-counterfeit law will be reviewed to make it possible for collaboration among regulatory agencies in curbing the menace that is costing the economy an estimated Sh70 billion every year. 2013-06-11T16:26:31Z http://www.nation.co.ke/business/news/Foreign-investors-NSE-activity-drops/-/1006/1879594/-/phg1k1z/-/index.html Foreign investors’ participation at the stock market has declined for the third consecutive month as local investors edge them out. 2013-06-11T16:24:01Z http://www.nation.co.ke/business/news/Asian-tension-spurs-demand-for-planes/-/1006/1879588/-/cuu85dz/-/index.html Simmering territorial tensions over Asian seas and the rise of piracy are fuelling demand for naval patrol planes, now one of the fastest growing segments in the aeronautic military plane sector. 2013-06-11T16:20:35Z http://www.nation.co.ke/business/news/Airtel-in-fresh-row-with-Essar/-/1006/1879586/-/65c4h0/-/index.html Airtel Networks wants a court to order Essar Telecom to deposit US$ 3.9 million (Sh330 million) in court in a fresh dispute over transmission stations. 2013-06-11T16:16:46Z http://www.nation.co.ke/business/news/Sudan-shuts-pipeline/-/1006/1878740/-/ctyemnz/-/index.html The United States said Monday an order by Sudanese President Omar al-Bashir to shut down an oil pipeline carrying South Sudanese crude was "deeply disappointing" 2013-06-11T02:16:13Z http://www.nation.co.ke/business/news/Jetlink-seeks-to-fly-out-of-debts/-/1006/1878184/-/j76c4xz/-/index.html Troubled airline Jetlink Express is pursuing a restructuring deal that could lift it off the ground and provide relief to hundreds of its former employees. 2013-06-10T15:28:37Z http://www.nation.co.ke/business/news/Coop-Bank-to-open-30-branches/-/1006/1878172/-/oxsago/-/index.html Co-operative Bank plans to open 30 new branches in the country by the end of the year at a time when most of the first-tier banks have scaled down on office expansion. 2013-06-10T15:18:43Z http://www.nation.co.ke/business/news/NMG-fetes-Nakuru-business-community/-/1006/1878160/-/hdb1bv/-/index.html Leading businesspeople in Nakuru county were feted by the Nation Media Group during the launch of the annual top 100 mid-sized companies national survey for 2013/2014. 2013-06-10T15:10:51Z http://www.nation.co.ke/business/news/MPs-propose-more-money-for-farmers/-/1006/1878154/-/qh44ux/-/index.html Pyrethrum and coffee farmers are among those who will benefit if Parliament adopts a report by the Budget and Appropriations Committee tabled last week. 2013-06-10T15:06:37Z http://www.nation.co.ke/business/news/More-tourists-expected-as-flights-resume/-/1006/1877284/-/igca2h/-/index.html Moi International Airport is expected to be busy next month when more than 10 European chartered airlines resume flights to Mombasa 2013-06-09T17:00:00Z http://www.nation.co.ke/business/news/Sh10bn-EAC-budget-approved/-/1006/1877286/-/14shhj4/-/index.html The East African Legislative Assembly has approved the EAC budget, paving the way for consolidating of the Common Market protocol 2013-06-09T15:54:17Z http://www.nation.co.ke/business/news/Tobacco-firms-join-hands/-/1006/1877276/-/27upci/-/index.html Four international tobacco companies have forged efforts to fight illegal trafficking of cigarettes and weed out counterfeits that have adversely affected their sales 2013-06-09T15:42:53Z http://www.nation.co.ke/business/news/Flavoured-milk-now-a-big-hit/-/1006/1877246/-/ollub9z/-/index.html Flavoured milk is set to spur growth in the regional dairy market in the next three years, a report by Tetra Pak East Africa shows 2013-06-09T15:03:47Z http://www.nation.co.ke/business/news/State-intends-to-tax-basic-commodities-says-Rotich/-/1006/1877218/-/tq1w8q/-/index.html The controversial Bill which proposes a 16 per cent Value-Added Tax (VAT) on bread, maize flour and other basic commodities is a priority for the National Treasury, if only to ensure that the taxman meets his revenue targets 2013-06-09T14:57:00Z http://www.nation.co.ke/business/news/Pyrethrum-Board-set-for-overhaul/-/1006/1877228/-/789hg0/-/index.html Agriculture Cabinet Secretary Felix Kosgey has promised to institute radical changes in the financially troubled Pyrethrum Board of Kenya (PBK) in a bid to encourage farmers to plant the crop 2013-06-09T14:54:05Z http://www.nation.co.ke/business/news/Ethiopia-to-press-ahead-with-dam-despite-Egypt-s-warning/-/1006/1876582/-/ffvqrlz/-/index.html Ethiopia will press ahead with the construction of its Grand Renaissance Dam on the Blue Nile River, officials have said. This is after Egypt warned “all options are open” if its water supply is affected. 2013-06-08T16:17:48Z http://www.nation.co.ke/business/news/Horticultural-farmers-to-get-affordable-loans/-/1006/1876580/-/a8ipamz/-/index.html Horticultural farmers may soon benefit from the government’s move to make affordable loans available. 2013-06-08T16:13:03Z http://www.nation.co.ke/business/news/International-mineral-firms-now-seeking-local-investors/-/1006/1876578/-/te2id0/-/index.html International mineral exploration companies are seeking investors as they near production stage with the hope of attracting more local shareholders. 2013-06-08T16:09:18Z http://www.nation.co.ke/business/news/245-pension-fund-schemes-exceed-legal-idle-cash-limit/-/1006/1876576/-/yepae1/-/index.html About 245 investment schemes charged with managing pension funds in the country broke the law by holding more cash than is legally required. 2013-06-08T16:05:21Z http://www.nation.co.ke/business/news/Bank-creates-new-shares-as-it-seeks-to-raise-Sh10bn-/-/1006/1875674/-/ryetepz/-/index.html National Bank of Kenya has created additional shares as it prepares to raise Sh10 billion in a rights issue next year. 2013-06-07T17:10:56Z http://www.nation.co.ke/business/news/Shake-up-at-Mumias-Sugar-after-staff-exit-/-/1006/1875672/-/a85rfi/-/index.html Mumias Sugar Company has radically changed in its top management after two directors left. 2013-06-07T17:10:31Z http://www.nation.co.ke/business/news/East-Africa-joins-push-on-property-laws-deadline-/-/1006/1875670/-/ovmvos/-/index.html The East African Community has thrown its weight behind a campaign to insulate poor countries from stringent international intellectual property laws. 2013-06-07T17:10:04Z http://www.nation.co.ke/business/news/Equity-appoints-new-head-of-finance-innovation/-/1006/1874348/-/m0oeb0z/-/index.html Equity Bank has appointed Mr John Stanley to the position of chief officer in charge of Finance, Innovation and Technology in a restructuring effort intended to harness the bank’s operations 2013-06-06T16:18:14Z http://www.nation.co.ke/business/news/CCK-differ-with-ministry-on-digital-distribution-licences/-/1006/1874344/-/vnaef3z/-/index.html The communications industry regulator appears to be reading from a different script from its parent ministry on the controversial issue of digital signal distribution licences 2013-06-06T16:10:57Z http://www.nation.co.ke/business/news/Energy-sector-regulations-under-review/-/1006/1874338/-/9tgfrqz/-/index.html The government is fast-tracking the review of regulations for the oil sector ahead of anticipated commercial exploitation of the resource 2013-06-06T16:06:30Z http://www.nation.co.ke/business/news/Jubilee-sets-eyes-on-new-markets/-/1006/1874272/-/132ibhwz/-/index.html Jubilee Insurance plans to venture into new markets across Africa to tap into the growing sector. Speaking during the annual meeting on Thursday, Jubilee Group chairman Nizar Juma 2013-06-06T14:46:58Z http://www.nation.co.ke/business/news/UAP-buys-60-per-cent-stake-in-Tanzanian-firm/-/1006/1874268/-/7ayp73/-/index.html UAP insurance has bought controlling stake in a Tanzanian insurance firm as its seeks to establish a footprint in the region 2013-06-06T14:42:55Z http://www.nation.co.ke/business/news/Outlet-for-Jaguar-now-opened-in-Nairobi/-/1006/1873342/-/5758lhz/-/index.html New Jaguar Land Rover franchise holders in Kenya, RMA has opened the first of three outlets it plans to put up in the country by the end of the year 2013-06-05T15:58:08Z http://www.nation.co.ke/business/news/Firms-call-for-reforms-in-the-mining-sector/-/1006/1873308/-/a6xgfez/-/index.html An Australian company has urged the Kenyan government to overhaul the mining law in order to make the business climate for favourable for investors in the sector 2013-06-05T15:42:10Z http://www.nation.co.ke/business/news/Treasury-say-it-cant-meet-Senate-demand-for-more-cash/-/1006/1873304/-/kcs60y/-/index.html Treasury has said it will not meet the Senate’s demand to increase funding to counties without eroding the allocations made to the national government 2013-06-05T15:35:10Z http://www.nation.co.ke/business/news/Centums-earnings-after-tax-rise-110pc-/-/1006/1873294/-/12e2wcn/-/index.html Centum Investment’s profit after tax more than doubled in the full year financial period ending March 2013 following impressive growth in investment income 2013-06-05T15:30:21Z http://www.nation.co.ke/business/news/World-Bank-to-channel-funds-direct-to-counties/-/1006/1872280/-/1jttc4/-/index.html The World Bank has undertaken to fund county government projects directly over the next five years in a move aimed at supporting devolution 2013-06-04T15:31:37Z http://www.nation.co.ke/business/news/Sh2-billion-project-to-increase-coffee-yield-five-fold/-/1006/1872264/-/787f00z/-/index.html A new Sh2.3 billion coffee project targets to raise production five-fold in five years. With joint funding from the Dutch government and Ecom Coffee, an international coffee processor, the project targets farmers in Kenya and other East African countries 2013-06-04T15:18:13Z http://www.nation.co.ke/business/news/Sh15-billion-power-plant-for-Lamu/-/1006/1872258/-/a0qn04z/-/index.html A wind power plant will be set up in Lamu by a Belgian company. Electrawinds, which has been developing a wind farm in Mpeketoni since 2011, says it will be working with the International Finance Corporation’s InfraVentures 2013-06-04T15:14:05Z http://www.nation.co.ke/business/news/StarTimes-users-to-pay-more-for-upgrade/-/1006/1872252/-/vu9l02/-/index.html Subscribers of Chinese pay TV provider StarTimes will pay an extra Sh2,000 to upgrade to a new model of digital set-top boxes that will give them access to free-to-air channels without paying subscription fees 2013-06-04T15:09:30Z