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Tuesday, June 17th, 2008

June 2008
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< Tuesday 17th >
• BD Nominated Among Finalists in Diageo Awards: Nation Media Group-owned newspaper, Business Daily, has been nominated among the finalists in the 2008 Diageo Africa Business Reporting Awards (DABRA).
• Shipping Agents Fade With Advent of Digital Era: The number of clearing and forwarding agents has gone down by 50 per cent over the last four years, and many of those remaining are complaining about lack of business.
• Data Exposure Reveals Gaps in Safaricom's E-IPO: Two weeks ago, as investors awaited the debut of mobile phone service provider Safaricom at the Nairobi Stock Exchange, a debate ensued over privacy and security on the Internet.
• Minister Roots for Efficient Civil Service: The quest for efficient public service delivery has moved a rung higher with the introduction of a results-based management system to speed up reforms.
• New Fairtrade Cola Takes On the World's Top Brands: A new Fairtrade cola, made with sugar sourced in Africa, is taking on the world's biggest brand tapping on the rise in "ethical" shopping.
• CBK Raises Red Flag Over Safaricom Refund Delays: The Central Bank has raised the red flag over delays by stockbrokers in releasing refund cheques for the Safaricom privatisation.
• Kenyans Miss Out On Celtel Zambia Share Sale: Majority of Kenyan investors who applied for the Celtel Zambia Initial Public Offering missed out on allocation, following an oversubscription that saw allocations skewed in favour of domestic investors.
• Kenyan PM Describes Country As Africa's 'Eyesore': As the youth militia, police and soldiers in Zimbabwe continued their violent campaign of abductions, torture and assaults just one week before the crucial election, the Kenyan Prime Minister Raila Odinga on Tuesday spoke out against fellow African...
• Charity Calls Mt Elgon A 'Forgotten Crisis': édecins sans Frontières, which accused government forces in the western area of killing and torturing civilians during an anti-insurgency campaign.
• KZN, Kenya to Strengthen Relations: KwaZulu-Natal Premier Sibusiso Ndebele will on Wednesday meet with Kenyan Deputy Prime Minister and Minister for Local Government Musalia Mudavadi to discuss relations between Kenya and the province.
• Authority Plans Power Export to Kenya From Gibe II: Authorities at the state owned Ethiopia Electric Power Corporation (EEPCO) and Ministry of Mines and Energy (MoME) are contemplating exporting power to Kenya from Gilgel Gibe II Hydropower project.
• Amnesty is a Red Herring: The debate about amnesty in Kenya has become intensely politicized. The Prime Minister and the President are taking apparently opposing positions. The dangers of the debate turning sour are obvious, threatening to undermine the fragile solidarity that...
• Constitution - Key Bills Ready: Two key Bills expected to kick-start the stalled constitutional review process will be published this week.
• Opposition Officials Meet World Community Members in Kenya: Several members of Somali Reliberation of Somalia opposition group are expected to hold crucial meeting with officials from world community in Kenyan capital Nairobi Tuesday officials said.
• Heavy Rain Displaces Thousands in Southeast: Thousands of people have been displaced in the Tana Delta District on the Kenyan coast following heavy rain over the past few days, according to a senior official with the provincial administration.
• Kenya Scores 2-0 Win over Zim in World Cup Qualifier: Kenya's soccer team, the Harambee Stars, has taken a giant leap towards qualification for the 2010 FIFA World Cup and the Africa Cup of Nations soccer tournaments after a 2-0 triumph over Zimbabwe in a Group two qualifying match.
• Kimunya Gives CMA Power to Seize Property: Finance minister, Amos Kimunya, has proposed new legal measures to strengthen the supervision of brokers and investment banks.
• Will Country Open Up Its Legal Market?: Tanzanian lawyers have a good reason to smile after their Finance minister exempted them from value added tax for export of their services.
• Foreign Firms to Bid for City Master Plan: A new master plan for Nairobi is to be sourced worldwide through an international competition.
• Food Talks Start As State Moves to Revive Irrigation: The ongoing Food and Agricultural Organisation's (FAO) regional conference in Nairobi is set to place emphasis on strengthening food supply as a means of easing prices.
 
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