Monday, June 2nd, 2008 | ||
| • | Olympia Capital Closes Takeover of SA Firms: A subsidiary of Olympia Capital Holdings Limited (OCHL), which is listed on the Nairobi Stock Exchange, has bought a majority stake in a South African manufacturer of wooden lifestyle products. | |
| • | Growers Shift to Organic Farming to Access Market: With the stringent EUREGAP conditions imposed by the European Union, an increasing number of smallholder farmers are turning to organic farming to secure markets for their fresh produce. | |
| • | Seize Opportunity Now: It is clear from the Safaricom IPO releases that substantial amounts of money can be raised locally for any viable project the country may want to undertake. | |
| • | Refinery Upgrade to Start After Essar Accepts Deal: Essar Oil and Gas, India's second biggest private oil firm, has agreed to a middle path proposed by the Government in the acquisition of the Kenya Petroleum Refineries. | |
| • | Punish Greedy Businesses: Revelations that the government is in talks with Chevron corporation to buy Caltex outlets in the country at time when oil prices are shooting through the roof bears a mixed promise for the ordinary consumer. | |
| • | What Next After Listing?: As investors wait for Safaricom shares to start trading on the Nairobi Stock Exchange one week from now, a trading jargon "after market" has gained the status of a social byword. | |
| • | Business Leaders in $200 Million Photo Shoot for Tourism: Kenya's top business leaders have launched a major campaign to drum up support for the country's tourism industry, which is struggling to recover from the effects of the post-election violence earlier in the year. | |
| • | Uganda MPs Hit Out At Kenya Over EAC: The Ugandan EALA members made a scathing attack on Kenya after refusing to pass the bloc's budget for the next financial year. | |
| • | GM Will Enslave Farmers And Intensify Hunger: The news of looming hunger in Kenya are worrying. Hunger has now become part of the news, with a section of Kenyan society experiencing it. | |
| • | Country's Diabetes Market to Hit $27 Million: Sullivan. | |
| • | Sick But Silent: In Kenya, many health workers suffering from TB or HIV/Aids would rather die in silence than share the news of their sickness with fellow employees. | |
| • | Country to Downgrade 999-Yr Land Leases: The recent announcement by the Lands Minister James Orengo that the government would seize plots of land whose 99-year leases have expired was received with expectation, shock, and apprehension. | |
| • | Mombasa Port Sees Rapid Growth in Trade: Despite struggling with congestion arising from non-movement of cargo due to the post-election violence in the country early this year, the port of Mombasa has recorded increased business for the first quarter. | |
| • | Antibiotics Can Protect Women: TREATING BACTERIAL VAGINOSIS using common orally-administered antibiotics can help reduce the risk of contracting HIV/Aids, a study by a team of American and Kenyan researchers has established. | |
| • | Garden in a Sack: Following shortages in Nairobi after the post-election violence that hit Kenya early this year, a French NGO is now showing residents of Kibera how to survive with less effort. | |
| • | UPDF Accused of Plunder in Kenya: Kenya Pokot and Transnzoia District Commssioners have accused the Uganda People's Defence Forces(UPDF) of destroying the international boundary marks and illegally entering 15 kilometres into Kenyan territory. | |
| • | Land Rates Go Up: Kenyans will pay more money for land transactions after the Lands minister increased fees charged for application of title deeds and sub-division among other services. | |
| • | Mungiki Team And Clergy Plan Prayers: Church leaders and members of the outlawed Mungiki sect are expected to meet Tuesday to lay out plans for Saturday's prayers at Uhuru Park, even as police prepare to block it. | |
| • | Rugby - Impala Shut Out Mwamba in Kenya Cup Tie: Stand-in Impala captain and scrum-half, Moses Kola kicked over last-minute drop goal to steer the Red Shirts to a narrow 30-27 win over Mwamba, in a pulsating Kenya Cup rugby match at Nairobi Railway ground. | |
| • | Residents Back Nairobi Metropolis Plan: Most residents of the capital city and its environs support the establishment of a Nairobi metropolis, says the latest opinion poll. | |
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