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Monday, May 12th, 2008

May 2008
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< Monday 12th >
• Make These Parties Worthwhile: There is no hard data yet to indicate whether it is a disposition unique to Kenyans. One craving - that of going home - follows the acquisition of a new asset, elevation in the work place or academia or a change in the social status.
• Hedge Against Trade Shifts: A wise man was once asked what constitutes wisdom. The reply was that wisdom lay in balancing many and often conflicting undertakings with a satisfactory measure of success in all. That is the challenge many countries find themselves in when pushing...
• Equity's Entry Into Uganda Raises Stakes: Players in the banking sector in Uganda are focusing on widening their customer base following the entry of Equity Bank into the country's financial scene.
• Equity Earnings Grow By 81 Percent in First Quarter: A fortnight after Kenya's Equity Bank announced plans to acquire Uganda's largest lender, Uganda Microfinance Ltd, the bank has reported that earnings for for the first quarter of 2008, grew by 81 percent, pushing its liquidity ratio to 74 per cent.
• World Tea Prices Soar As Output in Country Drops Sharply: Tea prices are headed for a record high following a historical drop in Kenya's production, reduced supplies at the Mombasa tea auction and a rise in international market prices.
• Beach Paradise From the Inside Out: TOURIST PARADISES ARE not quite the same when you live in them rather than stay for a few days and return to the Big Smoke.
• Agra Launches $47 Million Credit Line for Farmers: The Alliance for a Green Revolution in Africa (Agra) and the International Fund for Agricultural Development (Ifad) have launched a Ksh3 billion ($47.6 million) credit line for Kenyan farmers.
• ICG Defamation of Runners Still Hurts: Bad news from Kenya made headlines around the world at the beginning of this year.
• Investors Woo Uchumi in Dramatic Reversal of Supermarket's Fortunes: Dozens of local and foreign suitors are lining up to buy a stake in Uchumi Supermarkets, barely two years after the listed chain closed its doors and asked for statutory management.
• No More Preferential Treatment in WTO Negotiations: Kenya will lose its preferential treatment in non-agricultural market access in the ongoing World Trade Organisation negotiations, a Nairobi-based research institute says.
• Blood Pictures: A CHARRED HUMAN BODY resembling a log salvaged from a fire lies outside a burnt out house. Elsewhere, a young man holds aloft a huge building stone just about to drop it onto the head of a man lying beaten on the ground.
• Daily Brutalities Reflected in Our Politics: Kenya is alive with outrage. Outrage that resettling the wakimbizi will be made much more difficult by the allocation of billions of shillings to the game of musical chairs we call the Cabinet. Not a day passes without mention of the huge salaries...
• This Race Bill Has No Legs to Run With: The National Ethnic and Race Relations Bill, 2008 demonstrates the extreme limitations of thinking within the Ministry of Justice, National Cohesion and Constitutional Affairs about ethnicity. It also utterly fails to draw upon existing analysis and...
• Country's Tea Loses Its Flavour in Pakistan: A tactical manoeuvre by Pakistan into bilateral free trade arrangements with several Asian neighbours is threatening to throw its multi-billion shilling-a-year-tea trade with Kenya into a spin.
• Pardon for Poll Chaos Ruled Out: Vice-President Kalonzo Musyoka and two Cabinet ministers Sunday said those who committed crimes against humanity during the post-election violence should be punished.
 
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