/-/539546/539546/-/88oe25/-/index.html http://www.businessdailyafrica.com/Muthoka+loses+board+ouster+suit+to+CMA++/-/539546/1413064/-/k6efm4/-/index.html A judge on Thursday validated the ouster of Peter Muthoka from the board of motor dealer CMC Group saying his reinstatement would not be in the interest of shareholders. 2012-05-24T17:58:57Z http://www.businessdailyafrica.com/Former+Kemri+CEOs+Sh125m+case+suspended+/-/539546/1412988/-/1357fdd/-/index.html A judge has suspended the Sh125 million claim suit by former Kenya Medical Research Institute (Kemri) director Davy Koech for alleged wrongful termination. 2012-05-24T16:49:56Z http://www.businessdailyafrica.com/MPs+push+for+transfer+of+Sh34bn+to+agriculture+/-/539546/1412986/-/psh73m/-/index.html A House committee is pushing for the transfer of Sh34 billion, intended for irrigation and importation of maize, to the Agriculture ministry to boost food production. 2012-05-24T16:48:57Z http://www.businessdailyafrica.com/PM+opposes+the+creation+of+State+firms+watchdog+/-/539546/1412980/-/7q12t2z/-/index.html Prime Minister Raila Odinga has opposed a proposal to establish an oversight authority for State corporations, saying it would introduce more bureaucracy. 2012-05-24T16:48:03Z http://www.businessdailyafrica.com/State+set+to+buy+View+Park+Hazina+Towers+for+Sh7bn+/-/539546/1412978/-/f2vwoxz/-/index.html The government is seeking to acquire the landmark View Park Towers and Hazina Towers at a cost of Sh7.2 billion to house its growing agencies, weeks after NSSF halted a bid to publicly auction them. 2012-05-24T16:47:14Z http://www.businessdailyafrica.com/Funding+crisis+hits+bid+for+digital+Lands+registry+/-/539546/1412974/-/lt9vd8/-/index.html Automation of Lands registries has slowed down due to inadequate funds and shortage of competent staff to implement the project, a new report has revealed. 2012-05-24T16:45:35Z http://www.businessdailyafrica.com/Afreximbank+mulls+setting+up+regional+branch+in+Kenya/-/539546/1412726/-/9svpw7/-/index.html Africa Export Import Bank (Afreximbank) is considering setting up operations in Nairobi to provide financing of trade-related infrastructure projects 2012-05-24T13:56:02Z 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