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Monday, May 26th, 2008

May 2008
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• Kenyan Refugees Sent to Kiryandongo: Government has defended its decision to relocate Kenyan refugees from Mulanda in Tororo district to Kiryandongo.
• Grand Coalition a Win-Win Arrangement: Politics can be nasty. No one, in and outside Nyanza, expected the scenes witnessed during Prime Minister Raila Odinga's home coming party in Kisumu. But it is always so.
• Water Not Healthy for Babies, Doctors Warn: Babies younger than six months old should never be given water to drink, physicians at Johns Hopkins Children's Centre in Baltimore remind parents. Consuming too much water can put babies at risk of a potentially life-threatening condition known as...
• Huge Fertiliser Import Bill to Cost Farmers Dearly: The Kenya Tea Development Agency (KTDA) is facing a dilemma over a Sh3.3 billion import bill to satisfy the fertiliser requirements of growers affiliated to it.
• Stockbrokers Give Final Tallies for Safaricom IPO Tallying: Stockbrokers were giving their final tallies for the Safaricom IPO on Friday as it emerged that the company could be giving its annual results for the year ending March, 2008 any time from tomorrow.
• Monetary Policy Team Should Be Innovative: Like institutions elsewhere charged with steering the economy, the Central Bank is on the spot. What with rising fuel and food prices that threaten stability in key markets-with interest rates expected to take the cue from the surge in commodity prices.
• Small-Scale Farmers Turn to Dairy Cows for Better Returns: With improved returns from dairy farming, a numbers of young and ambitious small-scale farmers in Kenya have ventured into the sector, purchasing high yielding grade cows from commercial farmers.
• Lease Order Leaves Land Owners in Confusion: Lands minister James Orengo's announcement last week that the ministry will not renew leases for land issued by the State before May 1909 has sent shock waves to thousands of owners across the country, sparking a debate on the property scene.
• CIC Eyes Regional Expansion As Demand Grows: Co-operative Insurance Company (CIC) is planning to expand beyond Kenya following increasing demand for co-operative insurance services across the region.
• SA Firm Acquires Kirubi's Haco Industries: Haco Industries has sold a controlling stake to a South African consumer goods giant, Tiger Brands Limited, in a move that sets the stage for a bruising battle for control of the personal and household care market.
• Ministry Needs Sh1.7 Billion to Upgrade Nairobi: The newly created Nairobi Metropolitan ministry will need an initial sum of Sh1.65 billion to come up with structures needed to convert Nairobi into a metropolitan city, findings of a report commissioned by the ministry show.
• Ecobank to Acquire 75 Pc of Regional Building Society: The battle in the financial services sector is expected to reach fever pitch as one of Africa's largest players prepares to make a grand entry into the country.
• Illegal Forex Dealers Make a Killing Despite CBK Regulations: Despite stringent Central Bank of Kenya measures to control foreign exchange, a significant portion of transactions take place daily due to a well co-ordinated underground black money market.
• Cereals Traders Feel the Pinch of Climbing Price: Operating from the heart of the grain trade, Nyamakima in downtown Nairobi, is Linus Kafira of Ruchu Traders. He stands behind grills and patiently waits for customers, who trickle into the shop unusually.
• Hotels Cancel Renovations to Save On Funds: Hotels have scaled down their renovation plans due to the ongoing slump in the tourism sector. This is being done in order to save resources as they anticipate the recovery of the tourism sector.
• Nairobi Hotels Record More Business in March, April: Hotels in Nairobi recorded an improved occupancy rate in the past two months following poor performance earlier in the year.
• NGO Worried Over Rise in Illegal Arms: Very little has been done to check the increase in illegal guns in parts of Kenya that were hardest hit by the post-election crisis, an official of a peace and development NGO said on 23 May.
• Swimmers for Kenya Trials: Two Tanzanian swimmers will compete in trials in Kenya in preparation for the Beijing Games set for August 8 to 24.
• Exposed - Spymaster Plan for Uhuru, Raila: Raila Odinga was to become prime minister in 2002, under a Uhuru Kenyatta administration, according to a Moi succession plan put in place by a former Intelligence chief, the Sunday Nation has learnt.
• Kibaki Praises Soldiers for Restoring Peace: President Kibaki Friday said military operations had helped restore peace in the country.
 
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