/-/539552/539552/-/4mvsag/-/index.html http://www.businessdailyafrica.com/Canadian+firm+finds+larger+niobium++rare+earth+reserves+in+Kenya/-/539552/1324180/-/be9159z/-/index.html Canadian-based minerals and metals firm Pacific Wildcat Resources said further drilling at its Kenyan mining project near Mombasa had established larger reserves of niobium and rare earth than earlier projected. 2012-02-10T13:03:57Z http://www.businessdailyafrica.com/Former+MP+given+ultimatum+to+surrender+lease+documents/-/539552/1323574/-/c0g7e/-/index.html Former MP Njehu Gatabaki and his lawyer, Ashford Muriuki, have been given two weeks to deposit in court lease documents for 16 residential houses and five acres of land at the centre of a family property dispute. 2012-02-09T16:20:29Z http://www.businessdailyafrica.com/Equity+most+traded+stock+in+January/-/539552/1323566/-/e7ygswz/-/index.html Bank jumps to top turnover spot, beating Safaricom after Sh1.1bn deals 2012-02-09T16:14:48Z http://www.businessdailyafrica.com/CBK+rejects+investor+bids+to+tame+rise+in+interest+rates/-/539552/1323550/-/10e4eq7/-/index.html The Central Bank of Kenya (CBK) rejected more than half of investors’ bids for the 182-day treasury bills this week, showing a strong resolve to cap interest rates on government securities. 2012-02-09T16:08:51Z http://www.businessdailyafrica.com/Williamson+pays+record+dividend+after+house+sale/-/539552/1323538/-/jx9gg0/-/index.html Agricultural firm’s Sh50 per share record payout to investors is four times the amount it paid out last year 2012-02-09T16:02:47Z http://www.businessdailyafrica.com/-/539552/1323050/-/56yje2z/-/index.html Directive expected to make it difficult for investors to acquire land in urban areas for real estate development and limit use of land titles to access bank loans 2012-02-08T17:20:53Z http://www.businessdailyafrica.com/Greeks+seek+elusive+debt+bailout+deal/-/539552/1322918/-/123jotx/-/index.html EU tempers fray as leaders warn eurozone can survive without Athens 2012-02-08T15:55:24Z http://www.businessdailyafrica.com/Retail+investors+dump+stocks+for+high+yielding+Treasury+bills/-/539552/1322910/-/gduel3z/-/index.html Retail investors have increased their stock of treasury securities by close to four times in the past six months as they seek to take advantage of high returns from the government papers. 2012-02-08T15:50:14Z http://www.businessdailyafrica.com/NSE+January+turnover+slumps+to+two+year+low/-/539552/1322906/-/5f31rhz/-/index.html Nairobi Securities Exchange’s data shows a drop to Sh3.54bn compared to Sh2.59bn at end of 2009 2012-02-08T15:47:27Z http://www.businessdailyafrica.com/Kenya+shilling+hits+11+month+high+against+dollar/-/539552/1322686/-/14ewgeqz/-/index.html The Kenya shilling touched 82.90 units against the dollar, a level it last traded at on February 28 last year. 2012-02-08T12:19:49Z http://www.businessdailyafrica.com/Non+performing+loans+rise+by+Sh3bn+amid+higher+lending+costs+/-/539552/1322208/-/7jt94t/-/index.html The stock of non-performing loans held by commercial banks rose by Sh3 billion in the month of October last year as the impact of a sharp increase in lending rates and high costs of living took a toll on borrowers. 2012-02-07T17:24:25Z http://www.businessdailyafrica.com/Property+market+developers+shift+to+city+outskirts+/-/539552/1322194/-/124oo85/-/index.html The value of new building plans approved within Nairobi in the fourth quarter of last year declined by 11 per cent compared to the third quarter, showing initial signs of a slowing growth in the property market and a shift to the city outskirts. 2012-02-07T17:21:12Z http://www.businessdailyafrica.com/KCB+shares+rise+on+speculative+demand+ahead+of+annual+results+/-/539552/1322184/-/8vvyt2z/-/index.html KCB Group shares have risen by 14 per cent over the first five weeks of this year driven mostly by speculative demand from investors accumulating bank stocks in anticipation of profit and dividend announcements by the lenders. 2012-02-07T17:18:13Z http://www.businessdailyafrica.com/Cost+of+public+debt+surges+to+Sh41bn+on+interest+rate+rise+/-/539552/1322172/-/24lblxz/-/index.html The government’s cost of borrowing shot up by 13 per cent in the first half of the current financial year, reflecting the sharp increase in interest rates by the Central Bank of Kenya (CBK) late 2011. 2012-02-07T17:10:40Z http://www.businessdailyafrica.com/CMA+to+pay+off+Discount+Securities+investors+from+Wednesday/-/539552/1321796/-/12fi1lp/-/index.html Market regulator Capital Markets Authority (CMA) will start compensating investors who incurred losses through fallen stockbroker Discount Securities Limited from Wednesday. 2012-02-07T08:37:42Z http://www.businessdailyafrica.com/Kenya+Airways+taps+three+stockbrokers+to+boost+rights+issue++/-/539552/1321574/-/bf703u/-/index.html Kenya Airways’ appointment of three different sponsoring stockbrokers in Kenya, Uganda and Tanzania for its forthcoming Sh22 billion rights issue will boost chances of hitting the share sale target, analysts said. 2012-02-06T17:41:35Z http://www.businessdailyafrica.com/AFC+hires+debt+bureau+to+aid+recovery+/-/539552/1321570/-/wtfefk/-/index.html Borrowers given 90-day ultimatum to pay arrears or be listed as defaulters 2012-02-06T17:39:42Z http://www.businessdailyafrica.com/Construction+boom+drives+gypsum+mining+firms+to+northern+Kenya+/-/539552/1321568/-/mynxko/-/index.html A vibrant construction sector has spurred the mining of gypsum in northern Kenya, which has seen an increase in start-up firms scouring for the mineral that is used as a raw material by cement makers. 2012-02-06T17:37:50Z http://www.businessdailyafrica.com/Brookside+targets+double+capacity++in+Sh2bn+upgrade+/-/539552/1321562/-/7xrv9nz/-/index.html Milk processor Brookside Dairy has set a year-end deadline to complete a Sh2 billion expansion that will more than double its capacity. 2012-02-06T17:35:38Z http://www.businessdailyafrica.com/Francis+Thuo+to+negotiate+for+stake+at+the+NSE/-/539552/1321556/-/a1c86d/-/index.html Francis Thuo and Partners will negotiate for recognition as shareholder of the Nairobi Securities Exchange (NSE) following a High Court ruling that advised directors of the failed stockbroker to settle an ownership dispute with the bourse out of court. 2012-02-06T17:31:21Z http://www.businessdailyafrica.com/Treasury+tests+limit+for+shilling+support+funds+/-/539552/1321550/-/12k6p04/-/index.html Lack of concessional support from the IMF may weaken ability to curb currency’s slide 2012-02-06T17:26:26Z http://www.businessdailyafrica.com/Shilling+to+remain+stable+as+tight+market+liquidity+yields/-/539552/1321304/-/6koufgz/-/index.html High yields on short term government securities and tight market liquidity are expected to hold the shilling firm in the days to come offering importers room to cut expenses. 2012-02-06T13:27:48Z http://www.businessdailyafrica.com/World+Bank+lines+up+Sh128bn+for+infrastructure+projects+/-/539552/1320664/-/v9r05nz/-/index.html The World Bank will lend to Kenya up to Sh128 billion ($1.5 billion) low-interest loans in the next two years to finance infrastructure projects in energy, road and water sectors. 2012-02-05T13:21:43Z http://www.businessdailyafrica.com/Small+banks+bear+brunt+of+weak+growth+/-/539552/1320660/-/12y2hgpz/-/index.html Funding costs rise faster for lenders with limited access to interbank markets 2012-02-05T13:18:08Z http://www.businessdailyafrica.com/Francis+Thuo+to+negotiate+for+stake+at+the+NSE/-/539552/1320658/-/a1bjmp/-/index.html Francis Thuo and Partners will negotiate for recognition as shareholder of the Nairobi Securities Exchange (NSE) following a High Court ruling that advised directors of the failed stockbroker to settle an ownership dispute with the bourse out of court. 2012-02-05T13:16:08Z