Kenya News & Headline Stories

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Kenya News & Headline Stories

Thursday, May 22nd, 2008

May 2008
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< Thursday 22nd >
• Truckers Feel the Pinch of Rising Prices of Crude: Mr Sam Wanyoike of Thika has been in the truck transport business for the last three years, but profit margins have fallen to the lowest ebb ever.
• Northern India Cuisine Served On a Platter: Bhandini is one of those restaurants in which you settle and immediately feel you are in India; northern India to be more precise.
• Pricing of Shares for Foreigners Raises Questions: The debate surrounding the decision to reserve shares for international investors in the Safaricom IPO rages on, with critics now saying that the 10 per cent premium paid by foreign applicants on Safaricom shares may have been a raw deal for Kenyan...
• Stockbrokers Fret Over New Capital Rules: Proposed amendments to increase minimum capital requirements and reduce individual shareholders' threshold for stockbrokers and investment bankers appear to be the major sticking points in the ongoing discussions on the new regulations, with just days...
• Address Land Question: Statements from the Minister of Lands, Mr James Orengo, are a cause for hope, that Kenya finally has a chance to deal with some aspects of the land crisis.
• Co-Operative Bank Celebrates Its Success With Sh12 Million AD Campaign: Henry you must be mad to think of a peasant bank. It is impossible and has never worked anywhere in the world."
• Construction of Power Plant Begins in Oct: The construction of Sangoro power plant, which is estimated to cost Sh3.5 billion, is set to begin in October.
• Innovation Helps NIC Bank Sustain Growth: For a company that took off in 1959 as a non-bank financial institution, NIC has thrived on sustained innovation.
• Fly540 Promotes Regional Tourism: Low budget carrier Fly540 has partnered with Heritage Management, which owns a group of hotels in Kenya, to promote regional tourism.
• Cabinet Opposes Move On Grand Opposition: The Cabinet has opposed the move to create a grand opposition in Parliament on the grounds that it is unconstitutional.
• Ruggers Ready for Kenya Clash: SATURDAY
• Kanu Nwankwo - 'History is Not Destiny': As the keynote speaker at last month's Kennedy Memorial Lecture in Massachusetts, Boston, in the USA, the Scottish born Prime Minister of Britain, Gordon Brown, postulated that our destinies do not constitute our history.
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