/-/539552/539552/-/4mvsag/-/index.html http://www.businessdailyafrica.com/Central+bank+intervenes+as+shilling+falls+past+84+mark/-/539552/1406388/-/kyseppz/-/index.html Central Bank intervened in the market to mop up liquidity after the shilling deepened losses against the dollar on market expectations that falling inflation could prompt an interest rate cut. 2012-05-15T15:06:57Z http://www.businessdailyafrica.com/Shilling+loses+against+dollar+as+euro+falls+/-/539552/1405832/-/kfx5qmz/-/index.html The shilling dropped to nearly 84 units against the dollar as rising concerns about the European economy weakened the Euro while strengthening the US currency. 2012-05-14T17:17:01Z http://www.businessdailyafrica.com/Foreign+demand+lifts+FTSE+NSE+15+share+index+by+18+per+cent+/-/539552/1405818/-/w84poiz/-/index.html The FTSE NSE 15-share index, which tracks changes in prices of the 15 largest Nairobi Securities Exchange listed companies by market capitalisation, is among the highest gaining indices in Africa this year. 2012-05-14T17:08:38Z http://www.businessdailyafrica.com/Discount+statutory+manager+pays+investors+Sh8m++/-/539552/1405810/-/55o5rz/-/index.html Only 900 out of the 150,000 investors who had bought shares through the collapsed stockbroker, Discount Securities, have been compensated by the capital markets regulator. 2012-05-14T17:04:21Z http://www.businessdailyafrica.com/Small+banks+reduce+lending+rates+/-/539552/1405808/-/142mx6s/-/index.html Small banks reduced their lending rates in the first three months of the year as the large banks defied public outcry to increase their loan charges, a survey by the banking sector regulator has showed. 2012-05-14T17:04:21Z http://www.businessdailyafrica.com/Kenyan+shilling+weakens+slightly+against+dollar/-/539552/1405454/-/nsn8u4z/-/index.html The Kenyan shilling weakened slightly against a globally stronger dollar on Monday and traders said they expected it to weaken further, pulled down by increased liquidity in the market. 2012-05-14T08:51:26Z http://www.businessdailyafrica.com/Investors+rush+for+lender+s+share+at+NSE+/-/539552/1405018/-/xd10siz/-/index.html Kenya Commercial Bank (KCB) Group has become the most attractive stock to foreign investors in recent months, 2012-05-13T15:08:46Z http://www.businessdailyafrica.com/KCB+targets+acquisition+in+Uganda+/-/539552/1405006/-/ivpaiy/-/index.html The Kenya Commercial Bank (KCB) Group is considering buying out a bank in Uganda to shore up its market share in the country. 2012-05-13T14:57:57Z http://www.businessdailyafrica.com/Alexander+Forbes+pays+Sh1+bn+to+retrenched+workers+in+a+year+/-/539552/1404998/-/13i3ilg/-/index.html Retrenched workers withdrew Sh1.1 billion from Alexander Forbes’ pool of retirement savings last year, taking advantage of a government directive that allowed early access to pension benefits. 2012-05-13T14:53:30Z http://www.businessdailyafrica.com/Longhorns+share+priced+at+Sh14+ahead+of+listing++/-/539552/1404964/-/mr3s1wz/-/index.html Longhorn Kenya’s shares have been priced at Sh14 each, valuing the book publisher at nearly Sh1 billion ahead of the company’s debut at the stock market. 2012-05-13T14:29:25Z http://www.businessdailyafrica.com/Kenya+shilling+steady++vulnerable+to+liquidity+jump/-/539552/1403814/-/14bh7tl/-/index.html The Kenyan shilling steadied against the dollar on Friday, but traders said the local currency could weaken further in coming days pressured by a surge in liquidity from debt redemptions and rejected bids at primary sales. 2012-05-11T10:39:40Z http://www.businessdailyafrica.com/Use+of+cheques+drops+15+8pc+as+banks+adopt+new+system/-/539552/1403414/-/k49a2iz/-/index.html The usage of cheques has dropped by 15.8 per cent since the introduction of an electronic cheque processing system in August last year. 2012-05-10T16:18:55Z http://www.businessdailyafrica.com/Low+share+prices+lift+NSE+as+foreign+investors+flock+in/-/539552/1403402/-/gmn0em/-/index.html Low share prices have pulled foreign investors to the Nairobi Securities Exchange (NSE) in recent months, pushing turnover to an 11-month high. 2012-05-10T16:11:33Z http://www.businessdailyafrica.com/CBK+opens+long+term+bonds+after+interest+rates+ease/-/539552/1403400/-/71plmhz/-/index.html The Central Bank of Kenya (CBK) is set to issue a long-term bond for the first time in more than a year. 2012-05-10T16:10:38Z http://www.businessdailyafrica.com/Longhorn+sets+June+listing+date+as+CMA+approves+application/-/539552/1403380/-/u1rwelz/-/index.html Company to become the region’s first publisher to go public after winning regulator go-ahead 2012-05-10T16:04:39Z http://www.businessdailyafrica.com/Kenya+Equity+could+consider+overseas+listing/-/539552/1403140/-/lwbmc0/-/index.html Kenya's Equity Bank could consider an overseas listing as rapid expansion puts it in danger of outgrowing its home stock market, its chief executive said on Wednesday. 2012-05-10T12:28:19Z http://www.businessdailyafrica.com/Revenues+bloom+as+rose+exports++to+Japan+increase+/-/539552/1402886/-/g7x1atz/-/index.html A growing number of Japanese buyers are opting for direct importation of Kenyan flowers in a move likely to boost sales of the country’s roses in Asia. 2012-05-09T17:42:12Z http://www.businessdailyafrica.com/CIC+Insurance+set+to+list+shares+by+end+month+/-/539552/1402766/-/mjd77q/-/index.html CIC Insurance could list its shares on the stock market before the end of this month, making it the first company to join the bourse this year. 2012-05-09T16:33:41Z http://www.businessdailyafrica.com/House+shortage+rises+to+400000+units+as+slum+settlements+grow+/-/539552/1402720/-/15p0das/-/index.html The average shortage in annual supply of housing has more than doubled to 400,000 units since the last real estate census was done three decades ago, a pilot survey by the government has established. 2012-05-09T16:10:36Z http://www.businessdailyafrica.com/KenolKobil+deal+worth+Sh25bn+analysts+estimate+/-/539552/1402698/-/10ls88oz/-/index.html Analysts have estimated that the Swiss oil company, Puma Energy, will pay more than Sh25 billion to buy out KenolKobil and about Sh17.5 billion to acquire 70 per cent of the Kenyan firm’s shares. 2012-05-09T15:56:17Z http://www.businessdailyafrica.com/Total+Kenya+gets+equity+injection+to+repay+bank+loans+/-/539552/1402032/-/9s5ysoz/-/index.html Total Kenya is set to get a Sh5.2 billion equity injection from its parent company Total Outre, which will be used to retire more than half of its loans portfolio that is owed to commercial banks. 2012-05-08T16:24:35Z http://www.businessdailyafrica.com/Microfinanciers+set+to+blacklist+serial+loan+defaulters+/-/539552/1402000/-/4j3ujtz/-/index.html Microfinance institutions (MFIs) are set to begin submitting names of loan defaulters to credit reference bureaus next month, further locking out bad borrowers from the accessing debt. 2012-05-08T16:03:25Z http://www.businessdailyafrica.com/CFC+Stanbic+transfers+asset+management+to+insurance+arm+/-/539552/1401984/-/av57le/-/index.html CFC Stanbic Holdings has transferred its 24.42 per cent stake in Stanbic Investment Management Services (SIMS)- East Africa to Liberty Holdings, 2012-05-08T15:38:55Z http://www.businessdailyafrica.com/Tax+authority+loses+Sh200+billion+to+informal+sector+/-/539552/1401976/-/1eggdwz/-/index.html The Kenya Revenue Authority (KRA) has lost more than Sh200 billion in three years due to government’s inability to tax the informal sector, the Parliamentary Budget Office has said. 2012-05-08T15:21:46Z http://www.businessdailyafrica.com/Total+Kenya+posts+Sh88m+loss++cites+high+financing+costs/-/539552/1401688/-/aqce1m/-/index.html Total Kenya has announced a Sh88 million in net losses for the first three months ending March with management citing high financing costs that have eaten into its profit margins. 2012-05-08T08:31:05Z