/-/539444/539444/-/rdynki/-/index.html http://www.businessdailyafrica.com/Kenya-poverty-level-is-down-to-38-per-cent-says-World-Bank-/-/539552/1886338/-/hboscsz/-/index.html Kenya’s success in becoming a middle-income country hangs on the nation’s ability to grow its exports and decrease poverty, the World Bank economists said Monday. 2013-06-17T18:03:10Z http://www.businessdailyafrica.com/Government-says-it-will-not-bail-out-NCPB-in-Sh550m-row-/-/539546/1886332/-/rnse49z/-/index.html The government on Monday insisted it will not pay a court award to a supplier which has seen the National Cereals and Produce Board (NCPB) bank accounts frozen. 2013-06-17T18:00:30Z http://www.businessdailyafrica.com/Fifteen-lawyers-elevated-to-Senior-Counsel-position-/-/539546/1886330/-/49abm7z/-/index.html High ranking government officials and former chairmen of the Law Society of Kenya are among 15 lawyers promoted to the rank of Senior Counsel. 2013-06-17T17:59:38Z http://www.businessdailyafrica.com/Kimemia-asks-PSs-to-leave-office-by-Wednesday/-/539546/1886328/-/l2evfuz/-/index.html All permanent secretaries (PSs) have been asked to vacate their offices Wednesday, the same day the vetting of principal secretaries who will replace them is scheduled to begin. 2013-06-17T17:58:41Z http://www.businessdailyafrica.com/There-are-more-opportunities-in-budget-than-doom/-/1248928/1886256/-/muid1rz/-/index.html Joseph’s interpretation of Pharaoh’s dream in the Bible to mean seven fat years followed by seven lean years is an everlasting economic truth 2013-06-17T17:30:37Z http://www.businessdailyafrica.com/Poor-nations-lose-Sh94bn-daily-to-tax-cheats-says-Oxfam---/-/539546/1886194/-/3d4cjb/-/index.html Developing nations lose Sh93.5 billion per day in illicit financial flows that end up in tax havens around the world, international aid agency Oxfam says 2013-06-17T17:20:26Z http://www.businessdailyafrica.com/Audit-queries-loopholes-in-KCC-portfolio-/-/539546/1886192/-/hsn8r2/-/index.html Property worth nearly Sh4 billion belonging to New Kenya Co-operative Creameries ( New KCC) cannot be accounted for, the Auditor-General has revealed. 2013-06-17T17:19:43Z http://www.businessdailyafrica.com/Lobby-group-opposes-review-of-scrap-metal-export-laws/-/539546/1886190/-/p281wrz/-/index.html A lobby group has vowed to fight attempts to amend a controversial Bill that seeks to ban the export of scrap metal. 2013-06-17T17:19:05Z http://www.businessdailyafrica.com/UN-report-faults-rising-inequality-in-Kenya-/-/539546/1886186/-/12h5msez/-/index.html Kenya must focus more on gender equality, access to education and health, youth employment and regional trade integration in order to improve its human development record. 2013-06-17T17:16:38Z 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/Kenya-public-debt-to-hit-Sh2-trillion-in-three-years-time-/-/539552/1886080/-/d855i4z/-/index.html The Treasury has projected that Kenya’s public debt will hit Sh2.4 trillion in the next three years, equivalent to a growth of Sh520 billion from the current level. 2013-06-17T16:16:50Z http://www.businessdailyafrica.com/Local-ownership-rule-scaring-foreign-investors-says-World-Bank/-/539552/1886058/-/2v4hj4/-/index.html A requirement by the government for foreign investors to partner with locals while setting up businesses has slowed down inflow of international investments, the World Bank has said. 2013-06-17T15:58:49Z http://www.businessdailyafrica.com/Credit-rating-firms-raise-the-red-flag-over-borrowing/-/539552/1886022/-/3c1gd1/-/index.html Rating agencies have said that Kenya’s borrowing risk profile could increase should the government continue adding on debt. 2013-06-17T15:41:42Z http://www.businessdailyafrica.com/UK-oil-firm-opens-Nairobi-office-to-tap-regional-deals-/-/539552/1886002/-/fjejow/-/index.html London-based oil and gas exploration and production company, Delonex Energy, has opened a regional office in Nairobi to tap into the mineral boom in eastern and central Africa. 2013-06-17T15:35:04Z http://www.businessdailyafrica.com/Kenya-Airways-share-holds-firm-after-loss-/-/539552/1885982/-/1081amtz/-/index.html The Kenya Airways share was stable in Monday’s trading after announcing a record annual loss on Friday and failing to pay a dividend for the first time in 14 years. 2013-06-17T15:28:23Z http://www.businessdailyafrica.com/Kenya-shilling-hits-13-week-low--shares-extend-slide/-/539552/1885976/-/12pt4dtz/-/index.html The Kenyan shilling slipped to a 13-week low on Monday and shares fell for the seventh straight session, to track weaker emerging markets due to uncertainty surrounding global monetary stimulus programs. 2013-06-17T15:27:17Z http://www.businessdailyafrica.com/Football-maker-gives-jobs-hope-to-youth-in-slums/-/1248928/1885932/-/konxyi/-/index.html Like most children, Juliet Auma played football purely for enjoyment while growing up. But without a mother, the death of her father at ten years of age thrust her and her five brothers into a life of hardship that most times, football was all they had to keep body and soul together. 2013-06-17T15:15:18Z http://www.businessdailyafrica.com/Marketing-is-a-key-factor-in-the-growth-of-your-business/-/1248928/1885928/-/vbmruqz/-/index.html Almost 200 years ago, American essayist, lecturer and poet Ralph Waldo Emerson coined a statement that later would become a mantra in business practice. 2013-06-17T15:13:45Z http://www.businessdailyafrica.com/Vava-Coffee-blazes-the-trail-in-value-addition/-/1248928/1885926/-/kgsdl6/-/index.html In a world where demand for corporate social responsibility and ethical business practices is rapidly growing, sustainability is a virtue among businesses. 2013-06-17T15:12:25Z http://www.businessdailyafrica.com/Dairy-goat-rearing-proves-a-major-success-for-farmer/-/1248928/1885920/-/y6dryjz/-/index.html Most small-scale farmers rear goats either for sentimental reasons or to provide meat for their families. 2013-06-17T15:10:42Z http://www.businessdailyafrica.com/Consultants-eight-year-venture-into-business-finally-pays-off/-/1248928/1885908/-/ob8oa6z/-/index.html Offering consultancy in an environment yet to fully embrace its significance in business performance is an uphill task. 2013-06-17T15:07:32Z http://www.businessdailyafrica.com/Opinion-and-Analysis/-/539548/1885876/-/qlb7xs/-/index.html The politics of infrastructure sharing among competitors is back in the news again. This time, the Postal Corporation of Kenya wants courier firms to share vehicle fleets and premises. 2013-06-17T14:55:35Z