/-/539444/539444/-/rdynki/-/index.html http://www.businessdailyafrica.com/Bill-proposes-tough-penalties-for-terrorism-financiers/-/539546/1888744/-/1fco7r/-/index.html Companies and individuals doing business with terrorists will face steep fines and longer jail terms if Parliament passes proposed amendments to the Prevention of Terrorism Act. 2013-06-19T18:23:37Z http://www.businessdailyafrica.com/State-targets-cash-transfers-to-ease-VAT-Bill-impact/-/539546/1888742/-/69vjbnz/-/index.html The Treasury will increase subsidies to the poor following expected changes in taxation laws that will make basic commodities more expensive. 2013-06-19T18:22:32Z http://www.businessdailyafrica.com/Battle-for-higher-salaries-begins-as-workers-strike--/-/539546/1888554/-/ncroal/-/index.html Industrial action by workers intensified on Wednesday with teachers, nurses at the Kenyatta National Hospital and Nairobi County government staff downing their tools. 2013-06-19T17:07:51Z http://www.businessdailyafrica.com/EAC-states-move-to-raise-the-status-of-regional-bank/-/539546/1888526/-/vsi76t/-/index.html The East African Development Bank (EADB) is set to play a major role in the planned monetary union as member states raise its lending status and shield its assets from legal action. 2013-06-19T16:48:30Z http://www.businessdailyafrica.com/Kenya-woos-Dubai-companies-eyeing-investment-opportunities-/-/539546/1888522/-/rmjbkh/-/index.html Kenya is angling for capital from Dubai as traders from the Middle East hub deepen their search for investment deals in Africa. 2013-06-19T16:47:51Z http://www.businessdailyafrica.com/Kenyans-get-South-Korea-nuclear-scholarships-/-/539546/1888514/-/wsm3yd/-/index.html The government of South Korea has granted Kenya additional scholarships to train professionals in nuclear power engineering as part of a technology transfer pact. 2013-06-19T16:40:45Z http://www.businessdailyafrica.com/Tourism-ministry-Sh2bn-budget-cut-sparks-outrage-/-/539546/1888510/-/12jwy5/-/index.html MPs’ move to slash the Tourism ministry budget by Sh2 billion has sparked outrage with hoteliers saying Kenya is unlikely to meet its target of three million visitors annually. 2013-06-19T16:39:30Z http://www.businessdailyafrica.com/Compar-Investments-seeks-to-bar-demolition-of-its-building-/-/539546/1888498/-/ug6qkvz/-/index.html Owners of a building earmarked for demolition to pave the way for the Eastern bypass have moved to court questioning the legality of the move. 2013-06-19T16:33:58Z http://www.businessdailyafrica.com/Booksellers-accuse-school-heads-of-graft-and-nepotism-/-/539546/1888496/-/hw4p8dz/-/index.html A row is brewing between booksellers and head teachers over payment for supplies under the free primary and the subsidised secondary education programmes. 2013-06-19T16:32:40Z http://www.businessdailyafrica.com/Corporate-News/Coca-Cola-takes-Chaywa-coffee-to-new-markets/-/539550/1888484/-/g6l69nz/-/index.html Coca-Cola is seeking to rejuvenate the sale of its tea and coffee by opening more outlets. 2013-06-19T16:25:35Z http://www.businessdailyafrica.com/Corporate-News/Software-developers-risk-losing-out-on-school-laptops-deal/-/539550/1888476/-/5knae2/-/index.html Local software developers risk being locked out of the schools laptop project if the government awards the tender to Microsoft. 2013-06-19T16:24:08Z http://www.businessdailyafrica.com/Corporate-News/Treasury-snubs-Telkom-Kenya-cash-plea/-/539550/1888470/-/nn0ea1z/-/index.html The State’s shareholding in Telkom Kenya is set to drop permanently to 30 per cent following a decision by the Treasury not to allocate any money to the firm. 2013-06-19T16:23:17Z http://www.businessdailyafrica.com/Corporate-News/Transport-PS-nominee-pledges-to-end-RVR-deal/-/539550/1888468/-/wa51ga/-/index.html Rift Valley Railways’ contract to manage the rail link between Mombasa and Kampala will be terminated if the government buys a proposal by Transport principal secretary nominee Nduva Muli. 2013-06-19T16:22:50Z http://www.businessdailyafrica.com/Treasury-to-issue-Kenya-first-eurobond-in-September-/-/539552/1888456/-/8bccg7/-/index.html The Treasury is targeting to issue Kenya’s first eurobond by the end of September in a bid to plug the huge funding gap in its Sh1.64 trillion national Budget. 2013-06-19T16:14:56Z http://www.businessdailyafrica.com/Insurance-costs-to-fall-as-life-span-rises-to-57-years-/-/539552/1888418/-/jo1cyfz/-/index.html The cost of life insurance covers is set to drop beginning next year with the adoption of new mortality tables, which show that Kenya’s life expectancy has increased by 5.06 years. 2013-06-19T15:55:47Z http://www.businessdailyafrica.com/Investor-wealth-in-steep-drop-as-NSE-bull-run-halts/-/539552/1888416/-/y7elwo/-/index.html Investor wealth at the NSE has retreated by Sh100 billion in the past two weeks as concerns over the government’s taxation and spending plans halted the recent bullish run. 2013-06-19T15:55:30Z http://www.businessdailyafrica.com/Retirement-cash-trustees-face-vetting-/-/539552/1888394/-/gtjow4z/-/index.html Trustees of retirement funds are set to face fresh vetting by the industry regulator in line with new laws aimed at monitoring money laundering and the financing of terrorism. 2013-06-19T15:46:07Z http://www.businessdailyafrica.com/Opinion-and-Analysis/County-governors-must-style-up/-/539548/1888374/-/f9i8mfz/-/index.html Something is not right at the county governments. Of course we expected the initial teething problems as the transition progresses, but the apparent emergence of governors as tin-gods is worrying. 2013-06-19T15:36:14Z http://www.businessdailyafrica.com/Opinion-and-Analysis/Reforms-at-Mombasa-port-are-long-overdue/-/539548/1888372/-/3oyjm7/-/index.html The directive by President Kenyatta that all operations relating to the port of Mombasa must go to the port itself has come as a relief to many a user of the facility. 2013-06-19T15:36:08Z http://www.businessdailyafrica.com/Failure-to-reward-employees-holds-back-in-house-systems/-/1248928/1888370/-/7h9uqj/-/index.html Failure to reward employees who come up with innovative systems is holding back the development of in-house IT solutions, an industry expert has said. 2013-06-19T15:22:20Z http://www.businessdailyafrica.com/State-ought-to-rethink-its-laptops-for-pupils-model/-/1248928/1888368/-/crjplyz/-/index.html The number has been dropped — Sh130 billion allocated in the 2013/14 budget to the Ministry of Education to cater for, among others, the ambitious laptops-for-schools. 2013-06-19T15:21:25Z http://www.businessdailyafrica.com/Telcos-now-target-commuters-with-Internet-access/-/1248928/1888364/-/uxk907/-/index.html Getting airtime play on television and radio stations has always been a big challenge for budding local musicians. 2013-06-19T15:20:38Z http://www.businessdailyafrica.com/M-Kodi-app-spares-landlords-and-tenants-the-hassle/-/1248928/1888356/-/235koa/-/index.html Paul Kinuthia Njenga had for many years endured the hassle of knocking on his tenants’ doors to collect rent, chase after defaulters and reconcile his books of accounts. 2013-06-19T15:06:52Z http://www.businessdailyafrica.com/Opinion-and-Analysis/Kenya-must-rethink-proposal-to-tax-basic-goods-/-/539548/1888354/-/41tdht/-/index.html Kenyans must reject the proposal to reintroduce Value Added Tax (VAT) on basic consumer goods, as it would have dire repercussions particularly on the poor youth.  2013-06-19T15:05:56Z http://www.businessdailyafrica.com/Opinion-and-Analysis/Do-not-use-tax-measures-to-rip-off-Ugandans-/-/539548/1888348/-/1ettd6z/-/index.html A lot has been said about last week’s Uganda budget especially the proposed new tax measures. 2013-06-19T15:05:43Z