/Corporate-News/-/539550/539550/-/1565as2/-/index.html http://www.businessdailyafrica.com/Corporate-News/Miller-launches-fortified-maize-flour/-/539550/1887210/-/h80e3oz/-/index.html A Nyeri-based maize flour miller has launched fortified products in the market, in line with a government policy aimed at increasing the nutritional value of processed foods. 2013-06-18T16:06:44Z http://www.businessdailyafrica.com/Corporate-News/Sacco-officials-face-prosecution-over-Sh70m-scandal/-/539550/1887208/-/3sv61u/-/index.html Teachers are calling for the prosecution of sacco officials implicated in the loss of more than Sh70 million and their properties attached to recover the money. 2013-06-18T16:05:38Z http://www.businessdailyafrica.com/Corporate-News/Nakuru-agricultural-show-goes-high-tech-to-tame-fraud/-/539550/1887196/-/vp6ngcz/-/index.html Nakuru agricultural society officials have adopted a new electronic system to register participants in a bid to tame ticketing fraud. 2013-06-18T15:59:08Z http://www.businessdailyafrica.com/Corporate-News/IT-firm-develops-system-to-curb-insurance-fraud/-/539550/1887154/-/ky53d4z/-/index.html A local IT firm, Siltech Technologies, has launched an Internet-based medical scheme management system aimed at curbing rising cases of fraud in medical insurance. 2013-06-18T15:42:09Z http://www.businessdailyafrica.com/Corporate-News/Energy-sector-regulator-now-launches-hunt-for-new-CEO/-/539550/1887152/-/ltdg1w/-/index.html The energy sector regulator has started the search for a new CEO as the term of the incumbent, Kaburu Mwirichia, comes to an end. 2013-06-18T15:41:41Z http://www.businessdailyafrica.com/Corporate-News/Treasury-drags-its-feet-on-raising-Telkom-stake-/-/539550/1886114/-/s2wkpvz/-/index.html The Treasury is yet to inject Sh2.4 billion to increase its stake at Telkom Kenya to 40 per cent two weeks to a June 30 deadline. 2013-06-17T16:36:20Z http://www.businessdailyafrica.com/Corporate-News/Deacons-suspends-its-plans-to-list-on-the-Nairobi-bourse/-/539550/1886112/-/xtidtsz/-/index.html Retail chain Deacons has suspended its plans to list at the Nairobi Securities Exchange after the company underwent a major dilution in the key clothing business. 2013-06-17T16:35:43Z http://www.businessdailyafrica.com/Corporate-News/Small-car-dealers-grow-sales-at-expense-of-dominant-rivals-/-/539550/1886110/-/ogp79u/-/index.html Small new vehicle dealers used lower pricing to record a larger market share growth in the five months of the year at the expense of their dominant rivals. 2013-06-17T16:34:48Z http://www.businessdailyafrica.com/Corporate-News/UIC-statutory-managers-lose-case-against-law-firm-/-/539550/1886108/-/58vhrbz/-/index.html The statutory managers of the collapsed United Insurance Company (UIC) have lost a case in which they were demanding Sh68.6 million from a law firm. 2013-06-17T16:34:08Z http://www.businessdailyafrica.com/Corporate-News/-/539550/1885718/-/10p49j2/-/index.html CIC General Insurance has paid claims of more than Sh100 million to wheat farmers who lost their crop to bad weather. 2013-06-17T13:28:28Z http://www.businessdailyafrica.com/Corporate-News/-/539550/1885490/-/10p47dj/-/index.html A Chinese supercomputer is the fastest in the world, according to survey results announced Monday, comfortably overtaking a US machine which now ranks second. 2013-06-17T10:52:46Z http://www.businessdailyafrica.com/Corporate-News/Schoolgirls-invent-affordable-filter-in-quest-for-safe-water/-/539550/1884890/-/mt3w0oz/-/index.html Lack of access to clean and safe water supply has become a great challenge to communities living in rural and urban areas. 2013-06-16T13:59:47Z http://www.businessdailyafrica.com/Corporate-News/High-demand-for-housing-alters-Nakuru-skyline/-/539550/1884888/-/fscdtwz/-/index.html Nakuru’s skyline has been changing rapidly in the last five years. 2013-06-16T13:59:05Z http://www.businessdailyafrica.com/Corporate-News/Telkom-cuts-China-grip-with-UK-firm-network-deal/-/539550/1884880/-/h4i0lu/-/index.html Telkom Kenya has loosened the dominance of Chinese operators in Kenya’s telecom infrastructure market after awarding a UK network leasing firm a 15- year contract. 2013-06-16T13:52:22Z http://www.businessdailyafrica.com/Corporate-News/Car-dealers-gear-up-for-windfall-in-lease-plan/-/539550/1884874/-/12gd2afz/-/index.html New auto dealers and leasing firms are set for a windfall as the government moves to implement a multi-billion-shilling motor vehicle lease plan that was first mooted in 2010. 2013-06-16T13:44:45Z http://www.businessdailyafrica.com/Corporate-News/Kenya-Power-to-dim-electricity-demand-with-Sh1-3bn-free-bulbs/-/539550/1884864/-/wcjawk/-/index.html Kenya Power will spend Sh1.3 billion to distribute free energy-saving bulbs this year to help cut electricity demand by 130 megawatts through lower consumption. 2013-06-16T13:40:43Z http://www.businessdailyafrica.com/Corporate-News/KQ-fails-to-pay-dividend-for-first-time-in-14-years/-/539550/1884852/-/mtgwud/-/index.html Kenya Airways shareholders will not receive a dividend for the first time in 14 years after the carrier reported the biggest loss in the history of companies listed at the NSE. 2013-06-16T13:32:40Z http://www.businessdailyafrica.com/Corporate-News/Merali-accused-of-governance-flaws-at-Equatorial-bank/-/539550/1884824/-/acd0nr/-/index.html Businessman Naushad Merali has been accused of breaking Central Bank of Kenya (CBK) governance rules on boardroom independence at Equatorial Commercial Bank that led to the resignation of its CEO in November. 2013-06-16T13:04:50Z http://www.businessdailyafrica.com/Corporate-News/Nairobi-museum-earns-global-award-for-exemplary-services/-/539550/1884684/-/d3wnutz/-/index.html The Nairobi National Museum has been awarded a global prize for exemplary services to tourists visiting the facility. 2013-06-16T10:18:16Z http://www.businessdailyafrica.com/Corporate-News/NHC-plans-to-build-50-green-housing-units-in-each-county/-/539550/1884648/-/duebucz/-/index.html The National Housing Corporation plans to construct at least 50 houses in each county, starting with police quarters, in the coming financial year. 2013-06-16T09:28:32Z http://www.businessdailyafrica.com/Corporate-News/Kenya-Airways-sees-peace-and-cheaper-oil-restoring-profit/-/539550/1883760/-/1d04l7/-/index.html Peaceful elections, lower oil prices and the easing of tensions in neighbouring Somalia should help Kenya Airways recover from a tough two years that saw it swing to a pre-tax loss in the year ended March. 2013-06-15T09:47:50Z http://www.businessdailyafrica.com/Corporate-News/Reprieve-for-motorists-as-fuel-prices-go-down/-/539550/1883160/-/lq483yz/-/index.html The Energy Regulatory Commission (ERC) has cut retail fuel prices due to lower crude oil international prices and a stronger shilling to the dollar. 2013-06-14T15:15:47Z http://www.businessdailyafrica.com/Corporate-News/Govt-revokes-Tarda-MD-appointment/-/539550/1883100/-/10676o3z/-/index.html The government has revoked the appointment of Abdul Agonga as the managing director of the Tana and Athi River Development Authority (Tarda). 2013-06-14T14:07:15Z http://www.businessdailyafrica.com/Corporate-News/yumobile-now-seeks-to-invest-in-3G-network/-/539550/1883076/-/s47pyh/-/index.html The firm had previously said it would skip investing in 3G and instead move to the superior technology 4G so as to save on the licensing fees but on Wednesday confirmed that it has applied for the license. 2013-06-14T13:38:40Z http://www.businessdailyafrica.com/Corporate-News/-/539550/1882632/-/10p25to/-/index.html Kenya Airways posted an Sh7.86 billion loss after tax for the year ended March, hit by a drop in passenger numbers after several foreign governments advised their citizens against travelling to the country due to security concerns. 2013-06-14T08:33:29Z