Thursday, June 5th, 2008 | ||
| • | Knowledge is Power: Our politicians always like to tell Kenyans that some years back countries such as South Korea and Malaysia were economically at par with Kenya and have since moved on. | |
| • | Central Bank Raises Rates to Fight Inflation: The Central Bank has adjusted the base lending rate upwards, signalling its intention to reduce the amount of excess cash in the economy, which is seen as one of the factors driving ongoing surge of inflation. | |
| • | Farmers Miss Chance to Reap From Rising Demand: Prices of tea are expected to stabilise at the weekly auction in Mombasa amid projections of gradual decline in production of the commodity across the region. | |
| • | Battle of the Energy Brands: It is a typical Friday night in a popular pub in Nairobi that is filled to capacity. Suddenly the lights dim and the sound of revving engines fill the air. | |
| • | Revamping Infrastructure Vital for Economic Growth: The physical infrastructure sector consists of roads and public works, including roads and airstrips in national parks and reserves, water and sanitation services, transport, energy, local government and housing. | |
| • | Investors Take Refuge in Frontier Markets: As inflation rears its head, some analysts are advising investors to seek shelter in emerging economies, stocks linked to scarce commodities and currencies of central banks with proven anti-inflation records. | |
| • | Intense Rivalry Forces KPCU to Revise Tariffs: Giant miller Kenya Planters Co-operative Union (KPCU) is set to unveil new service tariffs by September as the competition for customers intensifies in the coffee industry. | |
| • | Total Kenya Takes Rivals to Court in Oil Supply Dispute: Oil marketer, Total Kenya, has taken seven of its domestic rivals to court in a bid to recover outstanding amounts for supplies of crude oil to the firms four years ago. | |
| • | NSE Trading System Now Under Scrutiny: Just a week after learning that they will only get a fifth of the shares they sought in Safaricom, it is emerging that orders from investors may not be smoothly effected when the company lists at the Nairobi Stock Exchange on Monday. | |
| • | Competition Keeps Domestic Air Tickets Low: Surging oil prices are causing headaches to businesses and individuals. The scenario is making nonsense of the shopping lists and travel budget as the crude oil price gushes up and down in what experts have said defies market fundamentals. | |
| • | Print On Demand Opens New Chapter in Publishing: What do you do when all you need is a hundred copies of your eccentric novel to test the market? | |
| • | Nyaga Owner Hits At Barclays Over Accounts: Mr Patrick Gakiavih, the owner of collapsed Nyaga Stockbrokers, has moved to court to defend himself against charges of stealing more than Sh523 million from his clients. | |
| • | Flashcom Launches Flat-Rate Tariff: A local loop operator, Flashcom, has pushed the ongoing telecommunication price war a notch higher by introducing a flat rate tariff of Sh40 per day that will allow subscribers to make unlimited intra-network calls and Sh10 across the mobile networks. | |
| • | New KCC On the Right Track: When a public firm such as the New Kenya Co-operative Creameries moves in the right direction it can only be prudent to laud it. The announcement that New KCC has signed a Sh10.8 million deal with telecommunications service provider UUNET can only be... | |
| • | Proposed Trans-African Railway Threatens Ports: The port of Mombasa's position on the East African seaboard as Africa's gateway to Asia will be severely challenged in the next 10 years as the Chinese set out to complete an ambitious trans-continental railway project, experts say. | |
| • | The Legal Mind Behind Safaricom's E-IPO: When tendering for advisory services in the Safaricom Initial Public Offering (IPO) was announced late last year, a flurry of activity began among the various service providers. | |
| • | Flashcom Ups Telecoms Price War: The ongoing telecommunication price war has been taken a notch higher by a local loop operator, Flashcom, which has introduced the lowest network rates yet. | |
| • | Google Kenya to Launch Online Map of Country: Google Kenya is set to launch a map of Kenya online, the first East African online map. This is a boost for the country as it joins the over 100 countries listed on Google maps across the world. | |
| • | Security Fit for a President: Barack Obama's momentous victory-of shattering a two-century-old racial barrier-provides the prospect of history being made or re-written. | |
| • | KCC Signs Sh10.8m Deal: Dairy firm, Kenya Cooperative Creameries (New KCC) has signed a deal with communication firm UUNET for the scaling up of its technology infrastructure. | |
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