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Tuesday, May 6th, 2008

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• Equity Unveils Sh3 Billion Loan Scheme for Farmers: At least 2.5 million small- scale farmers across the country will benefit from Equity Bank's low interest rate loans, at a time when most are trying to increase yields to take advantage of the rising food prices in the global market.
• Country Under Fresh Threat From Rift Valley Fever: When it struck barely a year ago, the dreaded Rift Valley Fever left a Sh2 billion void in the country's livestock industry. And now experts are warning that the disease may hit Kenya again and other neighbouring countries.
• Uncollected Cargo Causing Port Congestion: Failure by the Kenya Revenue Authority (KRA) to auction uncollected containers and other cargo has led to a clog- up in the port of Mombasa, Shipping News can report.
• Easy FM Pioneers Reverse Auction On Radio: Easy FM has partnered with a mobile phone service provider to offer its listeners a chance to participate in the first ever reverse bidding auction on phone.
• Students Admitted to Foreign Varsities: International School of Kenya has secured seats for their 2008 graduating students in top international universities.
• Civil Servants to Gain in New Financing Plan for Buying Houses: Doors are finally opening for civil servants to own homes with mortgage lenders offering them rock bottom deals.
• The Matrix of Acquisitions And Take-Over Bids: In what would have been one of the largest take-overs of all time, software manufacturing giant Microsoft Corporation, offered to buy Internet company, Yahoo Inc. for $47.5 billion. The target's board rejected this amount.
• How the Somen Brothers Built Sh7 Billion IT Company: Just over a year ago, many Kenyans were introduced to AccessKenya as the family-owned Internet business prepared to become the first technology company to list on the Nairobi Stock Exchange.
• P: P) Ratings Services.
• Ministry Planning Major Reforms to Boost Farming: The ministry of agriculture is developing a legal framework to regulate development, certification and access to better seeds as one of its five policy focus points that will define its operations in the next two years.
• A Work of Genius in the Service of Sensation: One of the hallmarks of a healthy consumer society is that its older generation habitually despises and decries the entertainments of the young.
• CBK Explains Overnight Window: The attention of the Central Bank of Kenya has been drawn to an article in the Business Daily of Tuesday, April 22, 2008 entitled: "Banks rush to borrow from emergency window at CBK."
• What Does CSR Really Mean?: The late Milton Friedmann once argued that "in a free enterprise, private-property system, a corporate executive is an employee of the owners of the business. He has direct responsibility to his employers.
• Boycotts, Chaos Mar National Elections for Tea Factory Directors: Elections for tea directors were yesterday marked by protests, boycotts and confusion over a change in the voting system.
• House Debates Drugs And Money Laundering Bills: The glory days of money launderers and international criminals in Kenya could be headed for an abrupt end.
• Poor Leadership Slowing Continent's Development: Abridged version of a speech delivered at the brand launch of the Strathmore Business School (SBS), Strathmore University, Nairobi.
• Kenol's Post Merger Profits Grow At Snail Pace: Kenya Oil Company (Kenol) yesterday announced a six per cent profit increase in its half year results for March 2008, as it plans to press on with its expansion drive to regain lost market share.
• New House Committee Chairmen Elected: A first-time Member of Parliament has been elected chairman of a parliamentary watchdog committee.
• Prisons Women's Volleyballers Clinch Africa Club Title: Kenya recaptured the Women's African Clubs Championship following Prisons' victory over Mouloudia of Algeria in Cairo, Egypt.
• Assisted By UN Agency, Displaced Kenyans Assess Conditions for Returning Home: Some of the Kenyans displaced in the post-electoral violence that erupted in the East African country several months ago today embarked on a visit, with the help of the United Nations High Commissioner for Refugees (UNHCR), to assess the situation in...
 
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