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Wednesday, June 4th, 2008

June 2008
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• Kenya Airways Profits Decline: Kenya Airways recorded a 5.6 per cent decline in its net profit for the year ending March 2008. According to a statement released by the company, profits after tax fell from last year's Shs108, 538 million (KShs4,098m) to Shs102,473 million (KShs3,869m).
• Failure to Move to New Cyber Platform Will Be Costly: The depletion of the current Internet addresses possibly in the next three years will mean that more hosts (that is computing devices) cannot be connected to the world wide web posing the threat of hindering growth in the 21st Century.
• Enhance Service Delivery: If Kenya's problems were to be summed up in one word, that word would be security.
• Nanotechnology And Its Challenges: This is a response to an article by Macharia Waruingi and Jean Njoroge titled "Why we need to teach Nanotechnology in Kenyan schools".
• IDB Capital Pledges Cash Aid for Traders: A development financial institution has launched its products in western Kenya with a pledge to revive businesses destroyed in the post-election violence.
• Food Prices Remain High As Harvesting Starts: The onset of the harvesting season in western Kenya has failed to impact on the ongoing surge in food prices, latest market statistics show.
• New Land Transaction Fees to Stay, Says Orengo: Lands minister James Orengo yesterday stood by the decision of his ministry to increase fees charged on land related transactions last week, saying it had set the stage for the elimination of corrupt cartels operating in the land registration...
• Violence Victims Slap CIC With Sh100 Million Claims: The ongoing resettlement of the displaced people under the government's 'Operation Rudi Nyumbani' programme is likely to leave a big dent on Co-operative Insurance Company (CIC) finances.
• Fuel Tax Addiction Hurting Consumers: Government officials like shifting the blame of rising fuel prices to multinational oil companies.
• Kenyan PM Attacks Continent's Leaders: Kenyan Prime Minister Raila Odinga launched a slashing attack on Africa's leaders at the World Economic Forum for Africa on Wednesday.
• Christine Exits Idols: The real competition has now started in the M-Net Idols talent show and contestants are trying their best as the chances of being the ultimate winner of the show are increasing, with one person being evicted every week.
• Suspected Kenyan Warplanes Patrol Border: The sound of low flying warplanes was heard in Doblai area in Lower Jubba Region southern Somalia for the second day, causing panic among many residents.
• Kenya Regains Seized Vehicle: Reports from Kenyan Somali border say that the Dobley administration has recouped a Kenyan military vehicle that was seized by Somali militias in Liboi locale along Somali border officials said.
• Foreign Photojournalist Found Murdered: A New Zealand-born photojournalist was found murdered in Nairobi, Kenya last week, reports the Committee to Protect Journalists (CPJ).
• Simba Colt Steps Up Its Presence: In a bid to strengthen its brand, Simba colt is set to construct a show room along Nairobi's Mombasa road.
• Six Deny Taking Part in Anti-Food Prices Demo: Six people arrested for allegedly taking part in protests against rising food prices were Tuesday arraigned in court.
• MP Lobbies for Bill to Protect Consumers: Consumers who are short-changed will in future have a right to file a class action case in court against culprits.
• Saitoti Tells PCs to Take Charge: Provincial and District Commissioners have been directed to take charge of all development projects in their areas.
• He Fought a Hyena to Rescue Brother: It's an act of bravery that few could have the courage to attempt. But 12-year-old Ndugai Masaine wrestled with a rogue hyena that had attacked his younger brother.
• Sameer Africa Replaces Chief Executive: Sameer Africa Limited has replaced its managing director slightly over a week after it issued a profit warning.
 
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