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Monday, April 21st, 2008

April 2008
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• Let Talk On Refugees Be in Good Faith: The issue of the internally displaced people is becoming more vexed with each passing day, and the auguries for a quick cure for what is, essentially, Kenya's festering sore, do not look very promising.
• Difficult Task Ahead for Truth Commission: Kenya is about to undertake a crucial exercise towards national rebirth.
• Kibaki Appoints 19 New Permanent Secretaries: President Kibaki has appointed 19 new Permanent Secretaries and dropped nine others as he put final touches to the grand coalition government unveiled last week.
• Break Culture of Impunity: One can only hope that the International Criminal Court (ICC) will indeed make follow up of the killings that occurred in Kenya after the disputed December elections and get the culprits and put them to book.
• Safaricom IPO Headed for Full Subscription: News filtering from stock dealers indicate that the Safaricom initial public offering could be headed for full subscription.
• CBK Allays Fears Over Drop in Mortgage Loans: Central Bank of Kenya has moved to allay fears that the reduction in the value of mortgage loan advancements to the real estate sector may dampen the economy and reduce further gross domestic product projections for this year, which has been reviewed...
• Banks Rush to Borrow From Emergency Window At CBK: Early signs of a funding strain have emerged, signalling the possibility that aggressive expansion in the banking sector has stretched the capital base of major banks too thin.
• Save Zimbawe, Raila Tells Africa: Prime Minister Raila Odinga has asked leaders of African countries to act with speed to save Zimbabwe from collapse.
• Excluded From the Fight: FOR FEAR OF THE STIGMA that usually comes with HIV and Aids, Christine Kyaterekera lived in denial for 10 years - a decision that eventually contributed to her blindness.
• Slum Artist to Exhibit in Czech Republic: KENYAN ARTIST ADAM MASAVA will go to the Czech Republic next month for an exhibition of his unique work.
• Back to the Wild: FOUR YEARS AFTER THEIR repatriation from the US, a herd of bongo antelopes will be released into the wild in Mount Kenya forest.
• Nakumatt Sets Up Shop: Giant Kenyan giant retailer Nakumatt Holdings has concluded a $3 million buy out of the proprietor of City Market Supermarket in Kigali, Rwanda, and will open its first regional outlet in the capital in July.
• Country Goes Mobile With a Vengeance: IT IS TURNING INTO AN EXCITING YEAR FOR KEnya's mobile telephony sector. The country's largest service provider, Safaricom, will be listed on the Nairobi Stock Exchange and two other companies - Econet Wireless and Telkom Kenya - are expected to...
• Season of More Food, Income to Siaya Farmers: Peasants in Kenya's Siaya district are now making more money after they diversified into production of high-value crops and expanded value-added processing.
• I Support Obama to Win Only If He Promises to Leave The Continent Alone: Apart from a few people like former South Africa president Nelson Mandela, I have great difficulty finding politicians who excite me.
• Possible Extension of Safricom IPO to Bring Tanzanian Investors: The Safaricom initial public offering closes this Wednesday, April 23, but a dramatic last-minute extension could be made for Tanzania if the country relaxes the ban on its citizens participating.
• Econet, Telkom Entry Could Hit Safaricom's Profitability: Will Safaricom remain as profitable in the future as it has been over the past few years?
• Brazilian Coach Pays Off As Taifa Stars Eliminate Kenya: KENYAN FOOTBALL HAS HIT an all-time low following Harambee Stars' elimination from the Africa Nations Championships qualifiers by Tanzania.
• Mungiki Can't Be Smashed By Force: At the beginning of February, the mediation process laid out four agenda items for the Orange Democratic Party and the Party of National Unity to seek agreement on. These were, paraphrased: Ending the violence; addressing the humanitarian crisis;...
• Arusha Woman in Nairobi's House of Horror: A 30 year-old Arusha lady claims to have been gang raped in Nairobi, where she recently went to seek her runaway husband. The rapists infected her with HIV-Aids and now she is seeking help.
 
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