/-/539552/539552/-/4mvsag/-/index.html 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 http://www.businessdailyafrica.com/Regulator+says+it+acted+within+law+in+CMC+dispute/-/539552/1407266/-/w7y0s8/-/index.html The Capital Markets Authority (CMA) Wednesday asked a judge to absolve it of contempt of court proceedings brought against the regulator by ousted CMC chairman Peter Muthoka. 2012-05-16T16:19:43Z http://www.businessdailyafrica.com/CIC+Insurance+valued+at+Sh7+7bn+ahead+of+listing/-/539552/1407258/-/9x27cdz/-/index.html CIC Insurance has been valued at Sh7.7 billion ahead of its debut at the stock market, making it potentially the third biggest of the five insurers listed at the Nairobi Securities Exchange (NSE). 2012-05-16T16:16:11Z http://www.businessdailyafrica.com/Shilling+falls+vs+dollar++CBK+eyed/-/539552/1407008/-/mkpxav/-/index.html The shilling fell against the dollar on Wednesday pushed down by heavy demand for the US currency worldwide as investors spooked by a political crisis in Greece that threatens its future in the euro zone seek out the safest assets. 2012-05-16T09:42:39Z http://www.businessdailyafrica.com/Treasury+defends+cost+of+Sh52bn+syndicated+loan+/-/539552/1406546/-/6cl9jfz/-/index.html The Treasury has defended the cost of the Sh52.2 billion ($600 million) syndicated loan borrowed from international banks, 2012-05-15T16:20:41Z http://www.businessdailyafrica.com/Sovereign+bond+money+to+pay+off+international+debt+/-/539552/1406540/-/813kmpz/-/index.html The Treasury plans to borrow money through a sovereign bond to settle all or part of the Sh52 billion ($600 million) syndicated loan sourced from international banks, Finance minister Njeru Githae has said. 2012-05-15T16:17:06Z http://www.businessdailyafrica.com/UAP+secures+Sh415m+loan+for+Juba+project++/-/539552/1406520/-/phjhje/-/index.html UAP Group has secured a Sh415 million ($5 million) loan from the World Bank’s private lending arm, the IFC, which it will use to finance the construction of a 12-storey building in South Sudan’s capital Juba. 2012-05-15T16:04:08Z