/-/539546/539546/-/88oe25/-/index.html http://www.businessdailyafrica.com/MPs+want+speedy+payment+of+Sh3bn+Anglo+Leasing+debt+/-/539546/1412228/-/113ikaw/-/index.html Parliament wants the Treasury to speed up payment of the Sh3 billion (€26.9 million) that the government owes a Spanish shipbuilder for a contract that was part of the Anglo Leasing scandal. 2012-05-23T17:54:26Z http://www.businessdailyafrica.com/Ministry+cautions+traders+on+fake+KMC+stamps+use+/-/539546/1412216/-/nb9224/-/index.html Kenya is still exporting meat to the Middle East but the Ministry of Livestock has warned that the market is at risk if unscrupulous traders are able to export substandard products using fake Kenya Meat Commission (KMC) stamps. 2012-05-23T17:53:06Z http://www.businessdailyafrica.com/Policy+team+seeks+overhaul+of+mining+laws+/-/539546/1412190/-/115la7e/-/index.html The laws governing mining are set for an overhaul after a key adviser to the Cabinet joined the growing calls to give more say to residents in the management of natural resources. 2012-05-23T17:38:02Z http://www.businessdailyafrica.com/Power+outages+slow+down+plan+for+special+zones+/-/539546/1412132/-/1013bdl/-/index.html Poor infrastructure is likely to hinder Kenya’s plan of developing Special Economic Zones (SEZs), acting Industrialisation minister Amason Kingi said on Wednesday. 2012-05-23T17:07:26Z http://www.businessdailyafrica.com/Kenya+gets+Sh37bn+World+Bank+loan+for+power+deal+/-/539546/1412128/-/15le6gxz/-/index.html Kenya has edged closer to tapping Ethiopian hydropower after the World Bank loaned it Sh37 billion (about $441 million) following talks with a delegation led by Energy PS Patrick Nyoike and Kenya Electricity Transmission Company (Ketraco) officials. 2012-05-23T17:05:44Z http://www.businessdailyafrica.com/Entry+of+global+firms+set+to+shake+up+the+fuel+market+/-/539546/1412074/-/fxna2l/-/index.html Kenya’s oil sector is set to undergo major changes in coming weeks as two international traders with direct supply links prepare to take over top domestic brands. 2012-05-23T16:50:39Z http://www.businessdailyafrica.com/Kenya+gets+Sh8+5bn+Chinese+grant+for+CCTV+surveillance/-/539546/1411882/-/4hqt94/-/index.html Grant to be used for installation of closed-circuit television cameras (CCTV) in major cities and towns to minimise terrorism attacks. 2012-05-23T14:12:24Z http://www.businessdailyafrica.com/Kenya+builds+six+more+tanneries+as+leather+exports+grow/-/539546/1411794/-/yqwr1t/-/index.html Kenya will set up six tanneries to boost processing of leather following a 600 per cent growth in exports of hides and skins last year compared to 2010. 2012-05-23T11:51:50Z http://www.businessdailyafrica.com/Treasury+to+stop+financing+indebted+state+corporations++/-/539546/1411464/-/2lnkhkz/-/index.html State corporations and agencies that fail to meet their financial obligations will not be bailed out but will be left to collapse, Finance minister Njeru Githae said on Tuesday. 2012-05-22T17:45:29Z http://www.businessdailyafrica.com/MPs+push+to+stop+posting+of+county+commissioners+/-/539546/1411448/-/v909po/-/index.html Controversy over the recent appointment of 47 county commissioners has prompted MPs to ask for suspension of the officials’ posting to the devolved units until a clear policy is put in place to guide deployment. 2012-05-22T17:31:34Z http://www.businessdailyafrica.com/University+plans+course+on+medical+equipment+design/-/539546/1411392/-/t50hnq/-/index.html Kimathi University College of Technology plans to launch an engineering course to help Kenya manufacture its own medical equipment. 2012-05-22T16:47:28Z http://www.businessdailyafrica.com/-/539546/1411390/-/oxqjss/-/index.html The Office of the Auditor-General is seeking to have its budget determined by Parliament and not the Treasury, citing lack of independence. 2012-05-22T16:46:44Z http://www.businessdailyafrica.com/Kenya+gets+Sh29bn+loan+for+bypass+in+Mombasa/-/539546/1411386/-/xe39x6z/-/index.html Kenya has secured a Sh29 billion loan from Japan for construction of a bypass in Mombasa, boosting efforts to ease movement of cargo from the port. 2012-05-22T16:44:06Z http://www.businessdailyafrica.com/-/539546/1411384/-/oxqjs1/-/index.html Salaries team says an independent firm will work out job details for state officials 2012-05-22T16:43:19Z http://www.businessdailyafrica.com/Kenya+MPS+file+motion+to+probe+secessionist+group+grievances/-/539546/1411162/-/h35gjb/-/index.html Two members of Parliament have filed two separate motions seeking to establish a select committee to look into the grievances of the banned secessionist Mombasa Republican Council 2012-05-22T14:20:22Z http://www.businessdailyafrica.com/Treasury+bails+out+City+Hall+/-/539546/1410812/-/d8cukj/-/index.html The Nairobi City Council has defaulted on the Sh212 million loan it borrowed from the United States Agency for International Development (USAID), forcing taxpayers into a multi-million shilling bail-out that uncovers the depth of City Hall’s financial troubles. 2012-05-21T18:26:18Z http://www.businessdailyafrica.com/Ban+flood+irrigation+parliamentary+team+asks+State+/-/539546/1410800/-/ljy83cz/-/index.html A parliamentary committee has threatened to block all funding to the National Irrigation Board (NIB) in a push to phase out flood irrigation. 2012-05-21T18:20:05Z http://www.businessdailyafrica.com/House+team+seeks+more+cash+for+ministry+in+2013+Budget+/-/539546/1410796/-/y63ienz/-/index.html The Local Government ministry is seeking additional funds to clear its debts including Sh659 million owed to contractors who built the Sh1 billion Muthurwa hawkers market in Nairobi. 2012-05-21T18:18:05Z http://www.businessdailyafrica.com/Sale+of+26+State+firms+faces+delay+in+busy+House+/-/539546/1410794/-/jlm7iq/-/index.html The privatisation of 26 state firms — which has stalled since 2010 — could face further delays due to the heavy parliamentary agenda because nominees have to be vetted. 2012-05-21T18:17:12Z http://www.businessdailyafrica.com/pressure+on+planners+to+fix+Ugandas+sugar++/-/539546/1410704/-/r7sad0z/-/index.html Uganda will need three more years to produce enough sugar to surpass its consumption needs, going by available statistics. But this will only come to pass if the country applies the right interventions to fix both internal and external bottlenecks; 2012-05-21T17:46:24Z http://www.businessdailyafrica.com/State+agencies+fail+to+spend+budget+billions+as+year+closes+/-/539546/1409904/-/smjxhgz/-/index.html Key government departments failed to spend the billions of shillings allocated to them in the national budget leaving the economy without the financing steam to power growth. 2012-05-20T16:03:14Z http://www.businessdailyafrica.com/America+plots+to+counter+China+in+EAC+with+new+pact++/-/539546/1409890/-/tdmfjy/-/index.html Kenya and other East Africa economies could witness a huge inflow of investment and development support as the US moves to counter the gains made by surging Asian nations such as China and India. 2012-05-20T15:56:15Z http://www.businessdailyafrica.com/VAT+refund+arrears+pile+despite+Kibaki+order+/-/539546/1409880/-/14d0mejz/-/index.html Unpaid value added tax (VAT) refunds have nearly doubled in the past two years despite a presidential directive to the Treasury that it pays the money promptly to enhance companies’ cashflow. 2012-05-20T15:48:12Z http://www.businessdailyafrica.com/Value+addition+spurs+trade+in+cassava+/-/539546/1409876/-/15uhdp7z/-/index.html A not-for-profit group, Farm Concern International, is seeking to boost value addition for cassava, which the poor largely consume as subsistence food, across the region. 2012-05-20T15:47:12Z http://www.businessdailyafrica.com/Treasury+falls+short+of+third+quarter+tax+target+by+Sh48bn+/-/539546/1409874/-/hag1mkz/-/index.html The Treasury fell short of revenue collection target by Sh47.7 billion at the end of the third quarter of the 2011/12, an official report issued at the weekend shows. 2012-05-20T15:46:25Z