/-/539546/539546/-/88oe25/-/index.html http://www.businessdailyafrica.com/Treasury+bails+out+City+Hall+/-/539546/1410812/-/d8cukj/-/index.html The Nairobi City Council has defaulted on the Sh212 million loan it borrowed from the United States Agency for International Development (USAID), forcing taxpayers into a multi-million shilling bail-out that uncovers the depth of City Hall’s financial troubles. 2012-05-21T18:26:18Z http://www.businessdailyafrica.com/Ban+flood+irrigation+parliamentary+team+asks+State+/-/539546/1410800/-/ljy83cz/-/index.html A parliamentary committee has threatened to block all funding to the National Irrigation Board (NIB) in a push to phase out flood irrigation. 2012-05-21T18:20:05Z http://www.businessdailyafrica.com/House+team+seeks+more+cash+for+ministry+in+2013+Budget+/-/539546/1410796/-/y63ienz/-/index.html The Local Government ministry is seeking additional funds to clear its debts including Sh659 million owed to contractors who built the Sh1 billion Muthurwa hawkers market in Nairobi. 2012-05-21T18:18:05Z http://www.businessdailyafrica.com/Sale+of+26+State+firms+faces+delay+in+busy+House+/-/539546/1410794/-/jlm7iq/-/index.html The privatisation of 26 state firms — which has stalled since 2010 — could face further delays due to the heavy parliamentary agenda because nominees have to be vetted. 2012-05-21T18:17:12Z http://www.businessdailyafrica.com/pressure+on+planners+to+fix+Ugandas+sugar++/-/539546/1410704/-/r7sad0z/-/index.html Uganda will need three more years to produce enough sugar to surpass its consumption needs, going by available statistics. But this will only come to pass if the country applies the right interventions to fix both internal and external bottlenecks; 2012-05-21T17:46:24Z http://www.businessdailyafrica.com/State+agencies+fail+to+spend+budget+billions+as+year+closes+/-/539546/1409904/-/smjxhgz/-/index.html Key government departments failed to spend the billions of shillings allocated to them in the national budget leaving the economy without the financing steam to power growth. 2012-05-20T16:03:14Z http://www.businessdailyafrica.com/America+plots+to+counter+China+in+EAC+with+new+pact++/-/539546/1409890/-/tdmfjy/-/index.html Kenya and other East Africa economies could witness a huge inflow of investment and development support as the US moves to counter the gains made by surging Asian nations such as China and India. 2012-05-20T15:56:15Z http://www.businessdailyafrica.com/VAT+refund+arrears+pile+despite+Kibaki+order+/-/539546/1409880/-/14d0mejz/-/index.html Unpaid value added tax (VAT) refunds have nearly doubled in the past two years despite a presidential directive to the Treasury that it pays the money promptly to enhance companies’ cashflow. 2012-05-20T15:48:12Z http://www.businessdailyafrica.com/Value+addition+spurs+trade+in+cassava+/-/539546/1409876/-/15uhdp7z/-/index.html A not-for-profit group, Farm Concern International, is seeking to boost value addition for cassava, which the poor largely consume as subsistence food, across the region. 2012-05-20T15:47:12Z http://www.businessdailyafrica.com/Treasury+falls+short+of+third+quarter+tax+target+by+Sh48bn+/-/539546/1409874/-/hag1mkz/-/index.html The Treasury fell short of revenue collection target by Sh47.7 billion at the end of the third quarter of the 2011/12, an official report issued at the weekend shows. 2012-05-20T15:46:25Z http://www.businessdailyafrica.com/Disputes+loom+as+House+picks+EALA+members++/-/539546/1409870/-/1f9p5s/-/index.html Parliament will next week elect nine nominees to the East African Legislative Assembly (EALA) for the first time, an exercise that is likely to test partisan political strengths following recent shifts in loyalties. 2012-05-20T15:45:22Z http://www.businessdailyafrica.com/Court+nullifies+Njoroges+appointment+as+CCK+boss+++/-/539546/1408302/-/fuxl6mz/-/index.html The appointment of public service executives on Thursday came under fresh scrutiny after the High Court nullified a Gazette Notice that legalised the controversial re-appointment of the CCK Director General. 2012-05-17T18:29:30Z http://www.businessdailyafrica.com/AG+pushes+for+changes+in+sharing+of+music+cash+/-/539546/1408300/-/57w0tsz/-/index.html Music producers and performers including guitarists, drummists and dancers will start getting equal remuneration from television and radio royalties, if proposed changes in the copyright laws are passed. 2012-05-17T18:29:09Z http://www.businessdailyafrica.com/Survey+shows+counties+may+face+jobs++/-/539546/1408264/-/7g8ebi/-/index.html Job creation should be top on the list of worries for the next national and county governments going by the disconcerting statistics released early this week. 2012-05-17T18:08:36Z http://www.businessdailyafrica.com/US+supports+extension+of+duty+waiver+/-/539546/1408252/-/ep9x1c/-/index.html The US favours the extension of a trade rule that allows for duty-free importation of African garments made from fabric sourced from other countries, a senior official has said. 2012-05-17T17:59:51Z http://www.businessdailyafrica.com/Lawyers+headed+for+showdown+over+county+appointments+/-/539546/1408248/-/h5wocqz/-/index.html Lawyers are headed for a legal showdown after taking different positions on President Mwai Kibaki’s appointment of 47 county commissioners last Friday. 2012-05-17T17:56:19Z http://www.businessdailyafrica.com/Chemical+blamed+as+fruit+exports+fall++/-/539546/1408240/-/kupk46/-/index.html Quarter one vegetables sales in the European market dropped after a ban on a pesticide said to cause cancer took its toll on exports. 2012-05-17T17:47:28Z http://www.businessdailyafrica.com/Kenya+approves+road+project+along+Nairobi+national+park/-/539546/1408076/-/bxdj1gz/-/index.html The Cabinet has approved the ongoing construction of a transport corridor along the northern edge of Nairobi National Park. 2012-05-17T16:01:42Z http://www.businessdailyafrica.com/-/539546/1407932/-/ox9be0/-/index.html Kenyan lawmakers turned against each other at a hearing to investigate the controversial awarding of multibillion-shilling energy contracts to a Norwegian company. 2012-05-17T14:38:35Z http://www.businessdailyafrica.com/MP+Lands+officials+to+be+arraigned+for+fraud/-/539546/1407928/-/y1slru/-/index.html The Member of Parliament for Msambweni, Omar Zonga and top Lands officials are expected in court on May 21, 2012 to face charges of attempts to defraud a company of its land. 2012-05-17T14:34:52Z http://www.businessdailyafrica.com/Lawyers+lobby+backs+county+appointments/-/539546/1407882/-/10pllfwz/-/index.html A lawyers’ association has backed President Kibaki’s appointment of county commissioners, saying it adheres to the law. 2012-05-17T14:01:57Z http://www.businessdailyafrica.com/MPs+call+for+early+warning+systems+to+forestall+fatalities/-/539546/1407708/-/4rct0a/-/index.html The overall effect of the 2008/2011 drought in Kenya stands at Sh968 billion in terms of destruction of physical and durable assets, and loses in the economy across all sectors. 2012-05-17T10:02:14Z http://www.businessdailyafrica.com/Ocampo+says+he+is+not+opposed+to+Kenya+ICC+trial+delay/-/539546/1407704/-/p9dxgv/-/index.html International Criminal Court Prosecutor Luis Moreno Ocampo has said he is not opposed to delaying the trial of four Kenyans facing crimes against humanity charges until an appeal on jurisdiction is determined. 2012-05-17T06:36:26Z http://www.businessdailyafrica.com/CBK+blames+Kimunya+in+currency+saga+/-/539546/1407486/-/meufwt/-/index.html Former Finance minister Amos Kimunya invoked a Cabinet decision to have the Central Bank of Kenya (CBK) cancel a money printing contract with De La Rue, the UK currency and security printer. 2012-05-16T18:40:43Z http://www.businessdailyafrica.com/Kimunya+ordered+to+file+defence+in+KPA+case+/-/539546/1407468/-/rmwdsbz/-/index.html Transport minister Amos Kimunya has been given two weeks to respond to a suit seeking revocation of the newly appointed Kenya Ports Authority (KPA) board members. 2012-05-16T18:33:01Z