/Corporate-News/-/539550/539550/-/1565as2/-/index.html http://www.businessdailyafrica.com/Corporate-News/K-Rep-Bank-taps-into-water-projects-to-boost-growth/-/539550/1857978/-/13n7iolz/-/index.html K-Rep Bank is seeking to capture a larger segment of the local market as it aggressively takes to financing water projects at the county level. 2013-05-20T13:33:53Z http://www.businessdailyafrica.com/Corporate-News/Uganda-police-raid-Monitor-Publications/-/539550/1857914/-/d5uv37z/-/index.html Uganda Police have raided Monitor Publications Limited (MPL) in Kampala and barred staff from accessing the premise. 2013-05-20T11:59:01Z http://www.businessdailyafrica.com/Corporate-News/National-Bank-Q1-pretax-profit-edges-up-3pc/-/539550/1857852/-/93odcm/-/index.html National Bank of Kenya's pre-tax profit rose 3.3 per cent year on year in the first quarter to 508.1 million shillings, thanks to a fall in loan loss provisions. 2013-05-20T10:35:04Z http://www.businessdailyafrica.com/Corporate-News/National-Bank-targets-Sh10bn-in-cash-call/-/539550/1857674/-/i0i9wmz/-/index.html National Bank of Kenya will raise more than 10 billion shillings in a cash call next year to fund expansion and increased lending, its chief executive said. 2013-05-20T07:47:39Z http://www.businessdailyafrica.com/Corporate-News/Tender-rules-block-women-from-contracts/-/539550/1857188/-/wx6bte/-/index.html Lawyers are pushing for review of public procurement laws to take care of people with disabilities and women. 2013-05-19T13:28:28Z http://www.businessdailyafrica.com/Corporate-News/Revenue-collection-rises-to-Sh1m-daily-in-Trans-Nzoia/-/539550/1857184/-/6hd5t4z/-/index.html Daily revenue collections in Trans Nzoia County have risen from Sh200,000 to Sh1 million after dismissal of corrupt workers. 2013-05-19T13:26:33Z http://www.businessdailyafrica.com/Corporate-News/Farmers-face-delay-of-subsidised-fertiliser/-/539550/1857180/-/cn884iz/-/index.html Distribution of subsidised fertiliser is likely to delay if the State does not intervene in a tender dispute between cereals board and a supplier. 2013-05-19T13:23:00Z http://www.businessdailyafrica.com/Corporate-News/Maternity-hospital-vacates-premises-after-controversy/-/539550/1857174/-/331axdz/-/index.html Top-end maternity services firm Royal Gardens Hospital has finally vacated the premises it has been using for slightly over a year. 2013-05-19T13:13:29Z http://www.businessdailyafrica.com/Corporate-News/KK-Security-to-enter-southern-Africa-in-buyout/-/539550/1857164/-/h9b3kez/-/index.html KK Security is set to close an acquisition in southern Africa this year and the firm will be inviting new equity investors to fund expansion to new markets. 2013-05-19T13:05:26Z http://www.businessdailyafrica.com/Corporate-News/Equity-Bank-moves-closer-to-becoming-a-foreign-lender/-/539550/1857148/-/12b8gykz/-/index.html Equity Bank has inched closer to becoming a foreign lender as international investors’ purchase of the firm’s shares nears the 50 per cent mark. 2013-05-19T12:53:38Z http://www.businessdailyafrica.com/Corporate-News/Kenya-Power-puts-Mama-Ngina-on-top-shareholders-list/-/539550/1857144/-/a58fcl/-/index.html Kenya Power has listed Mama Ngina Kenyatta as its fourth largest individual investor, making the electricity distributor the only Nairobi bourse-listed company bearing her name on the shareholder list. 2013-05-19T12:42:04Z http://www.businessdailyafrica.com/Corporate-News/Total-Kenya-managers-fail-to-block-prosecution/-/539550/1856984/-/iveh0v/-/index.html Nine senior managers of Total Kenya risk going to jail after a court okayed their prosecution in a case where they were initially the witnesses. 2013-05-19T10:04:48Z http://www.businessdailyafrica.com/Corporate-News/ICT-summit-to-chart-way-for-digital-services-in-county-govts/-/539550/1855650/-/790c83z/-/index.html Stakeholders in the ICT industry converge in Mombasa next week to take stock of Kenya’s developments in the technology scene and develop a strategy to deepen digitisation of government operations. 2013-05-17T14:16:20Z http://www.businessdailyafrica.com/Corporate-News/University-of-Nairobi-set-to-expand-facilities-with-Sh2bn-tower/-/539550/1855598/-/9lg9ix/-/index.html The University of Nairobi is set to construct a 22-storey complex valued at Sh2.3 billion to meet increased demand for academic and administrative facilities at the main campus. 2013-05-17T13:45:16Z http://www.businessdailyafrica.com/Corporate-News/Dell-profits-plunge-on-PC-woes/-/539550/1855412/-/cyqcr/-/index.html US computer giant Dell said Thursday its quarterly profit plunged 79 per cent from a year ago, as a shift away from PCs hammered the company's bottom line. 2013-05-17T01:35:25Z http://www.businessdailyafrica.com/Corporate-News/Why-Safaricom-is-keen-on-growing-data-usage/-/539550/1854932/-/jx0yrkz/-/index.html Safaricom is banking on its non-voice segments such as M-Pesa and data to drive growth in the coming years. 2013-05-16T18:08:19Z http://www.businessdailyafrica.com/Corporate-News/Entrepreneur-mints-millions-from-nuts/-/539550/1854890/-/vqimfrz/-/index.html The small signboard at the entrance to Patrick Wainaina’s firm in Thika summarises his passion: “Welcome to Jungle Nuts, where we are nuts about nuts.’’ 2013-05-16T17:38:03Z http://www.businessdailyafrica.com/Corporate-News/Cotton-sector-faces-tough-task-in-bid-to-regain-former-glory/-/539550/1854860/-/h522e7z/-/index.html While stakeholders in the cotton industry are nostalgic about the success of the sector in the 1960s, a clear route to its revival is yet to be mapped out. 2013-05-16T17:19:08Z http://www.businessdailyafrica.com/Corporate-News/Two-China-firms-in-court-over-Sh350m-debt/-/539550/1854852/-/t3huhaz/-/index.html A Nairobi court has declined to strike out a case involving two Chinese firms battling over a Sh350 million debt linked to the construction of Greatwall Apartments. 2013-05-16T17:09:47Z http://www.businessdailyafrica.com/Corporate-News/NIC-starts-executive-search-after-naming-acting-chief/-/539550/1854838/-/cu0cmtz/-/index.html NIC Bank has named the executive director in charge of corporate banking as acting CEO as the lender seeks a permanent successor to James Macharia. 2013-05-16T17:03:36Z http://www.businessdailyafrica.com/Corporate-News/Cheap-deposits-boost-DTB-first-quarter-profit-/-/539550/1854824/-/38o1an/-/index.html Diamond Trust Bank’s net profit for the first quarter grew 29.7 per cent helped by cheap deposits. 2013-05-16T16:57:46Z http://www.businessdailyafrica.com/Corporate-News/CMC-postpones-shareholders-meeting-again/-/539550/1854814/-/15da91g/-/index.html Motor dealer CMC Holdings has once again delayed its annual general meeting that was set for next Friday. 2013-05-16T16:49:23Z http://www.businessdailyafrica.com/Corporate-News/Kenya-Re-to-upgrade-West-Africa-office-into-subsidiary/-/539550/1854808/-/goyed/-/index.html Kenya Re will upgrade its regional office in Abidjan, Ivory Coast, to a subsidiary by the end of the year to meet regulatory requirements. 2013-05-16T16:42:18Z http://www.businessdailyafrica.com/Corporate-News/Zuku-TV-raises-monthly-fees-by-20pc-to-lift-sales/-/539550/1854804/-/13wdf9p/-/index.html Wananchi Group, the owners of Zuku pay television, has followed in the footsteps of rival DStv and increased the monthly fees by an average of 20 per cent to lift sales. 2013-05-16T16:37:10Z http://www.businessdailyafrica.com/Corporate-News/NSSF-grows-stake-in-Bamburi-Cement/-/539550/1854800/-/o0icru/-/index.html The National Social Security Fund (NSSF) has increased its stake in Bamburi Cement to enhance its bid to reclaim a seat in the board of the cement firm. 2013-05-16T16:22:26Z