BusinessDailyMoney Markets /-/539552/539552/-/4mvsag/-/index.html Battle lines drawn as gas makers eye carbon dioxide http://www.bdafrica.com/Battle%20lines%20drawn%20as%20gas%20makers%20eye%20carbon%20dioxide%20/-/539552/876108/-/12gyaup/-/index.html The contrasting financial performance of Kenya’s two main gas manufacturers looks set to shape up investments in the gas markets with investor focus turned to Carbon Dioxide. 2010-03-09T21:00:00Z Insurance companies seek new strategies to attract customers http://www.bdafrica.com/Insurance%20companies%20seek%20new%20strategies%20to%20attract%20customers%20/-/539552/876106/-/2l8tiqz/-/index.html Insurance companies are speeding up the search for new distribution channels to cover a bigger market. 2010-03-09T21:00:00Z Toyota finds no flaw with safety electronic system http://www.bdafrica.com/Toyota%20finds%20no%20flaw%20with%20safety%20electronic%20system%20/-/539552/876012/-/d8gnjs/-/index.html Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems. 2010-03-09T21:00:00Z IMF pushes for insurance on bank deposits http://www.bdafrica.com/IMF%20pushes%20for%20insurance%20on%20bank%20deposits%20/-/539552/876102/-/13ajibg/-/index.html Bank depositors may sleep more soundly if the Kenya government adopts IMF proposals to speed up the introduction of deposit insurance as part of reforms to strengthen the financial sector. 2010-03-09T21:00:00Z S&L change in strategy spurs profits http://www.bdafrica.com/S&L%20change%20in%20strategy%20spurs%20profits%20/-/539552/875534/-/s1p758/-/index.html Mortgage lender S&L’s change in strategy has paid off after the firm reported the doubling of its pre-tax profits for the year ended December 2009. 2010-03-08T21:00:00Z Regulator steps up drive for cheaper Internet solutions http://www.bdafrica.com/-/539552/875530/-/6cidqf/-/index.html The international body that assigns internet addresses has urged African countries to expand the reach and affordability of the internet to help improve the economic wellbeing of their citizens 2010-03-08T21:00:00Z SA and Nigeria plan sovereign bonds http://www.bdafrica.com/SA%20and%20Nigeria%20plan%20sovereign%20bonds%20/-/539552/875500/-/i8wp7p/-/index.html South Africa and Nigeria intend to issue sovereign bonds worth $2.5 billion (Sh188 billion), indicating their confidence in the global financial markets that may be emulated by other prospective issuers, including Kenya. 2010-03-08T21:00:00Z Sale of firms renews rivalry among advisers http://www.bdafrica.com/Sale%20of%20firms%20renews%20rivalry%20among%20advisers%20/-/539552/875494/-/q4m6c3/-/index.html The planned privatisation of East Africa Portland Cement Company (EAPCC) and KenGen began to take shape with the invitation of advisers, pointing to a scramble for the contracts among legal and financial advisory firms. 2010-03-08T21:00:00Z Pressure forces IMF to review lending terms http://www.bdafrica.com/Pressure%20forces%20IMF%20to%20review%20lending%20terms%20%20/-/539552/875676/-/5n3dwez/-/index.html The International Monetary Fund (IMF) is ditching its prescriptive fund disbursement method for a quicker, country-specific process. 2010-03-08T21:00:00Z Africans getting wealthier quickly, says new study http://www.bdafrica.com/-/539552/874364/-/6chmx4/-/index.html Africans are getting wealthier more quickly than previously believed, according to a new study that also suggests the poorest continent’s riches are spreading beyond the narrow confines of its elite. 2010-03-07T21:00:00Z EADB defends sale of former Triton boss’s prime property http://www.bdafrica.com/-/539552/874392/-/6chn0p/-/index.html East African Development Bank (EADB) has defended its selling of a prime Nairobi property belonging to former Triton Petroleum chairman, Yagnesh Devani.  2010-03-07T21:00:00Z Bank completes integration process http://www.bdafrica.com/-/539552/874372/-/6chmxx/-/index.html CfC Stanbic Bank has installed a new core banking platform, Temenos (T24), the last phase in the integration of its operations. 2010-03-07T21:00:00Z Banks, stockbrokers fight for bonds market millions http://www.bdafrica.com/-/539552/874466/-/6chnpm/-/index.html A recent bonds market boom has renewed an old rivalry between banks and brokers that now threatens to suck in the financial services and capital markets regulators – the Central Bank of Kenya and the Capital Markets Authority. 2010-03-07T21:00:00Z Housing Finance seeks long-term capital for growth http://www.bdafrica.com/-/539552/874354/-/6chmw8/-/index.html Housing Finance (HF) is planning to raise long-term capital to allow it expand its mortgage business and address the current mismatch exposure between short-term deposits and the long-term lending associated with provision of mortgage facilities. 2010-03-07T21:00:00Z Lucrative trade in bonds sparks turf wars and staff flight http://www.bdafrica.com/-/539552/874482/-/6chnra/-/index.html Increased trading in bonds has sparked staff movements with an investment bank losing nearly a whole department that specialises in securities. 2010-03-07T21:00:00Z Financial sector stocks seen slowing down http://www.bdafrica.com/-/539552/873248/-/6cgwrt/-/index.html Banking stocks trading at one-year highs have been placed on a hold watchlist by some market analysts, a signal to investors that buying the shares now may not yield capital gains in the short term. 2010-03-04T21:00:00Z Locking out bad debtors promises cheaper credit http://www.bdafrica.com/-/539552/873238/-/6cgwqx/-/index.html Bankers have promised Kenyan borrowers to expect a reduction in the cost of loans following the launch of a new tool that is expected to weed out serial defaulters and shut them from unsuspecting lenders. 2010-03-04T21:00:00Z StanChart defies harsh economy to post profit growth http://www.bdafrica.com/-/539552/873250/-/6cgwsh/-/index.html Standard Chartered Bank has come off the block as the most profitable bank in an environment where its peers have had to settle for muted growth on the back of a soft economy. 2010-03-04T21:00:00Z TransCentury to invest in energy sector http://www.bdafrica.com/-/539552/873244/-/6cgwrp/-/index.html Kenyan investment firm Transcentury plans to invest $100 million-$150 million this year, mainly in the African energy and infrastructure sectors, its chief executive said on Thursday. 2010-03-04T21:00:00Z Planned merger of Coast water firms targets financiers http://www.bdafrica.com/-/539552/872530/-/6cgarw/-/index.html The Water ministry plans to merge the seven water companies at the Coast to make them attractive to lenders. 2010-03-03T21:00:00Z Industrialists seek linkages to boost trade with Malawi http://www.bdafrica.com/-/539552/872536/-/6cgas3/-/index.html Kenyan manufacturers are scouting for cheaper channels of getting goods into Malawi in a campaign that could significantly improve the volume of exports to the southern African countries. 2010-03-03T21:00:00Z Kenya misses out on carbon trading billions http://www.bdafrica.com/-/539552/872504/-/6cgapd/-/index.html Kenyan companies are missing billions of shillings in new revenue because of lack of expertise to develop projects that help reduce carbon dioxide emissions and therefore earn from the global carbon trading market. 2010-03-03T21:00:00Z Kenya now sees stable inflation rate http://www.bdafrica.com/-/539552/872544/-/6cgasw/-/index.html Kenya expects a stable inflation rate for the rest of this year thanks to good food harvests, the head of the statistics office said on Wednesday. 2010-03-03T21:00:00Z New Marshalls board raises queries over books http://www.bdafrica.com/-/539552/871844/-/6cfnu4/-/index.html Marshalls East Africa postponed its Annual General Meeting (AGM) once again following concerns over its audited books throwing shareholders into confusion. 2010-03-02T21:00:00Z Burundi receives Sh750m from IMF after progress in reforms http://www.bdafrica.com/-/539552/871918/-/6cfok1/-/index.html Burundi, the smallest economy in the East African Community, has received Sh750 million ($10 million) as part of a Sh3 billion ($40.5 million) package from the International Monetary Fund having made progress in reforms after years of conflict. 2010-03-02T21:00:00Z