/-/539552/539552/-/4mvsag/-/index.html http://www.businessdailyafrica.com/Shilling+falls+to+4month+low+raising+inflation+fears+/-/539552/1411458/-/8id4vez/-/index.html The shilling sunk to a four-month low against the dollar on Tuesday, confronting policy makers, previously widely hoped to cut key interest rate next month, with hard choices to make. 2012-05-22T17:43:41Z http://www.businessdailyafrica.com/Uchumi+share+surges+to+a+one+year+high+/-/539552/1411432/-/pwcg5j/-/index.html Uchumi Supermarket’s share price touched a one-year high of Sh19.50 on Tuesday as investors raised demand for the stock following the retailer’s announcement of expansion plans. 2012-05-22T17:13:00Z http://www.businessdailyafrica.com/Ngenye+Kariuki+out+of+licensees+list+/-/539552/1411354/-/iqpi2d/-/index.html The capital markets regulator has omitted Ngenye Kariuki & Company Stockbrokers from its annual list of licensees for 2012, casting doubts on prospects of the agent coming back to the market within the year. 2012-05-22T16:28:06Z http://www.businessdailyafrica.com/Swedish+investors+in+Sh6bn+Athi+River+housing+estate++/-/539552/1411336/-/37mwa4/-/index.html Urbanis Africa, a consortium of Kenyan and Swedish real estate investors, is planning to construct a Sh6 billion housing project in Athi River expected to accommodate 7,000 people. 2012-05-22T16:15:52Z http://www.businessdailyafrica.com/Ecobank+to+get+Sh2bn+injection+from+parent+firm+/-/539552/1411304/-/13yh7ctz/-/index.html Ecobank has received a Sh2 billion capital injection from its Togo-based holding company to finance its expansion plans and lower the cost of raising funds from the market. 2012-05-22T16:00:28Z http://www.businessdailyafrica.com/Minister+blames+low+T+Bill+rates+for+Kenya+shilling+fall/-/539552/1411068/-/o164kjz/-/index.html Finance minister says the recent depreciation of the Kenya shilling has been caused by the fall of returns on Treasury Bills as international speculators began to flee 2012-05-22T09:21:08Z http://www.businessdailyafrica.com/High+CBK+rate+slows+down+uptake+of+new+bank+loans+/-/539552/1410810/-/ufyushz/-/index.html Banks have recorded restrained growth in their loanbooks with leading lenders showing a zero to six per cent growth, according to published first quarter results. 2012-05-21T18:24:58Z http://www.businessdailyafrica.com/KCB+eyes+diaspora+cash+with+investment+scheme+/-/539552/1410622/-/43fbta/-/index.html KCB Group seeks to attract diaspora cash through an online investment scheme that is targeting remittances from East Africans living abroad. 2012-05-21T17:15:29Z http://www.businessdailyafrica.com/Import+bill+rise+renews+pressure+on+the+shilling+/-/539552/1410606/-/q0fwrpz/-/index.html The gap between Kenya’s earnings from exports and the national import bill widened to a Sh290.1 billion deficit as at the end of March, putting renewed pressure on the shilling, which has sunk to a three-month low. 2012-05-21T17:02:35Z http://www.businessdailyafrica.com/Kenya+Airways+share+rises+on+Virgin+Atlantic+exit+plan++/-/539552/1410590/-/oc7c6q/-/index.html The Kenya Airways share has gained by more than a tenth since last week’s announcement by Virgin Atlantic that it plans to exit the Nairobi-London route. 2012-05-21T16:45:54Z http://www.businessdailyafrica.com/Pension+schemes+get+lift+from+stock++market+resurgence+/-/539552/1410574/-/qyhwf/-/index.html Retirement schemes have recorded a 10.9 per cent gain in stock market investments in the first three months of the year, helped by a steady recovery of the bourse since January. 2012-05-21T16:38:00Z http://www.businessdailyafrica.com/Shilling+inches+to+85+against+dollar/-/539552/1410366/-/u0dn19/-/index.html The shilling inched lower towards 85 against the dollar on Monday due to widespread demand from importers. 2012-05-21T13:42:02Z http://www.businessdailyafrica.com/CBK+says+to+mop+up+Sh10bn+via+repos/-/539552/1410256/-/w8c1gx/-/index.html Central Bank of Kenya (CBK) sought to mop up Sh10 billion ($118.3 million) in excess liquidity via repurchase agreements for the seventh straight session on Monday. 2012-05-21T09:23:29Z http://www.businessdailyafrica.com/High+interest+rates+depress+mortgage+sales+/-/539552/1409882/-/4p46mxz/-/index.html A steep rise in interest rates has slowed down mortgage sales leaving key homes market players such as Housing Finance with a 39 per cent drop in sales in the first quarter of the year. 2012-05-20T15:52:23Z http://www.businessdailyafrica.com/New+banking+rules+to+reward+good+borrowers+/-/539552/1409718/-/pdlcuq/-/index.html Commercial banks will be required to share information on good borrowers in addition to blacklisting debt defaulters, in new rules that could reward customers with cheaper loans. 2012-05-20T11:55:45Z http://www.businessdailyafrica.com/Change+in+law+raises+competition+/-/539552/1409708/-/w5t2us/-/index.html Commercial banks will be compelled to publish their lending rates in new rules expected to raise competition for borrowers by revealing to them the cost of credit across the sector. 2012-05-20T11:43:10Z http://www.businessdailyafrica.com/CBK+battles+to+calm+market+as+shilling+weakens+/-/539552/1409700/-/enmre1z/-/index.html The Central Bank is expected to step up its presence in the currency market this week to cushion the shilling from a possible slide to 85 units to the dollar. 2012-05-20T11:38:21Z http://www.businessdailyafrica.com/Judge+to+rule+on+Muthokas+case+against+CMA+next+month+/-/539552/1409698/-/ikl0snz/-/index.html Constitutional and human rights judge Isaac Lenaola will rule on June 22 whether or not to commit the Capital Markets Authority (CMA) chairman Kung’u Gatabaki and six directors of CMC Group to civil jail for alleged contempt of court. 2012-05-20T11:35:43Z http://www.businessdailyafrica.com/Lawyer++only+AG+has+right+to+prosecute/-/539552/1408156/-/hq9767/-/index.html Former CMC chairman Peter Muthoka has no legal standing to prosecute contempt of court proceedings against rival directors and the capital markets regulator, a Nairobi court was told Thursday. 2012-05-17T16:48:36Z http://www.businessdailyafrica.com/Internet+outage+hits+currency+trade/-/539552/1408154/-/ubsrvs/-/index.html Currency trading was interrupted for six hours as the Internet link between dealers went down, occasioning losses for businesses and traders. 2012-05-17T16:47:44Z http://www.businessdailyafrica.com/Longhorn+Kenya+CEO+to+retire+year+end/-/539552/1408136/-/8shkpq/-/index.html Book publisher Longhorn Kenya’s chief executive, Janet Njoroge, is set to retire at the end of this year. 2012-05-17T16:42:52Z http://www.businessdailyafrica.com/Kestrel+values+KenolKobil+deal+at+Sh31+billion/-/539552/1408132/-/5wpe1u/-/index.html Transaction advisers say shares may fetch between Sh20.13 and Sh21 each 2012-05-17T16:37:15Z http://www.businessdailyafrica.com/Barclays+first+quarter+net+profit+grows+by+28pc/-/539552/1407304/-/d20if5z/-/index.html Barclays Bank of Kenya first quarter net profit rose 28.1 per cent helped by increased income from lending to the private sector and the government. 2012-05-16T16:31:46Z http://www.businessdailyafrica.com/Inflation+hits+bank+depositors+with+negative+returns/-/539552/1407278/-/1j1btdz/-/index.html Investors who saved money in commercial bank accounts last year lost nearly a fifth of the value of the deposits, the Economic Survey 2012 data shows. 2012-05-16T16:24:08Z http://www.businessdailyafrica.com/Kenyans+defy+high+costs+to+build+Sh46b+worth+of+new+homes/-/539552/1407272/-/cmuoms/-/index.html Private developers fuel growth amid rising demand for housing, availability of credit 2012-05-16T16:20:45Z