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Monday, April 21st, 2008

April 2008
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• Army Chief Denies Mt Elgon Abuses: The commander of the Kenyan army, Lieutenant General Augostino Njoroge, has dismissed charges of human rights abuses in the Mount Elgon region of Kenya as "imaginary."
• We Cannot Wish Atrocities Away: The Kofi Annan brokered deal signed in February 2008 in Kenya brought President Kibaki and his political opponent Raila Odinga together in what seemed like an inevitable conclusion in a country reeling from an electoral stalemate that saw over 1,500...
• Book Runner Keeps Citizens Guessing: Information on international applications for the ongoing Safaricom IPO remains scanty even as the process enters the penultimate stage, with the offer expected to close on Wednesday.
• Firms Seek New Markets As U.S. Orders Shrink: Kenya's Export Processing Zone (EPZs) based firms are looking elsewhere as demand from the American market gets subdued by an economic slowdown linked to the mortgage sector.
• CMA's Clarification Raises More Questions in Market: In what has become the latest twist in Safaricom's long journey to becoming a public company, the Capital Markets Authority (CMA) last Friday wrote to investment banks making an important clarification on the rules guiding the sale of shares in the...
• Kenya's Equity Bank Acquires Uganda Microfinanace Limited: Equity Bank, the fastest growing bank in Kenya has made a grand acquisition - this time a 100% takeover of Uganda's biggest microfinance bank.
• Bank Plans U.S.$74m Rights Issue: The Kenya Commercial Bank (KCB) is planning to raise Ksh5 billion (US$74.1 million) in additional capital through a rights issue to boost its ongoing market expansion programme into the East African region.
• Now MDC Seeks Kenya Intervention: Kenyan Prime Minister Raila Odinga yesterday held talks with top officials of Zimbabwe's Movement for Democratic Change (MDC) who sought Kenya's intervention in their country's election crisis.
• Tenth Parliament Off to a Lazy Start: The more some things change, it seems, the more they remain the same.
• Country Bound to Face Maize And Wheat Shortage: The country's strategic grain reserve is already worryingly low, and development and agricultural experts anticipate a 40 per cent reduction in grain production this season.
• Police Chief Looks Back At Four Years At Vigilance House: Four years after the historic appointment that saw him leave the military to become head of the police, Major General Mohammed Hussein Ali says most targets have been met although a lot more needs to be done.
• Basketball - Laiser Hill Dethrone Maseno: Laiser Hill Academy are this year's boys' basketball champions. The Rift Valley side humbled pre-match favourites Maseno School 72-70 in a nail-biting final at Mangu High School, Saturday.
• Who Has Betrayed Mungiki So Badly?: Today I address the raging menace known as Mungiki. Why is everyone screaming, "They are back!" as if they ever went anywhere? This group is as entrenched in Kenyan society as a conventional socio-religious movement could be. They are a registered...
• State Names Commission to Probe Post-Election Violence: A commission to investigate the post-election violence in Kenya will be named this week.
• What NSIS Knew About Election Violence: The security services knew beforehand and issued warnings about the violence that rocked the country on New Year's Eve, the Sunday Nation has learnt.
• ICC Probes Country Over Killings: The International Criminal Court is seeking further information from institutions in the country in order to decide whether or not to bring charges against those involved in the post-election violence in Kenya.
• Rising Food Prices a Threat to World Peace: School debates were noted for their either/or dichotomies. As 15-year olds, fuelled by heady promises that we were the leaders of tomorrow, we engaged in heated exchanges over whether Africa should opt for socialism or capitalism. We racked our...
• Peter Kairo is Nyeri's New Archbishop: Nakuru Catholic bishop Peter Kairo is the new Archbishop-designate of the Nyeri archdiocese.
• Six PSs 'Set to Retire Soon': The Head of the Public Service Francis Muthaura and five permanent secretaries are likely to retire this week according to a deal struck between President Kibaki and Prime Minister Raila Odinga, the Sunday Nation has learnt.
• Providing Security is State Duty, Not Mungiki's: The recent disruption of transport and business activities by the Mungiki should be a matter of serious national concern for all peace-loving Kenyans.
 
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