Tuesday, June 17th, 2008
| |
| • | Reforms Give CMA Teeth to Regulate Errant Players: The Capital Markets Authority is set to flex its muscles following proposals in this year's budget to allow it to crack the whip on errant market players.
|
| • | Kabuga Saga Shameful: The recent police circus over a possible arrest of Rwanda's most wanted genocide suspect, Felicien Kabuga, is unfortunate. This is because his continued freedom - like that of Al Qaeda leader Osama bin Laden - is a big indictment of the global law...
|
| • | Grain Imports Cut Despite Food Shortage: The Government has reduced the amount of grains it will import to forestall an acute supply shortage in the last quarter of the year.
|
| • | Northern Kenya Wins Sh2bn Budget Support: Northern Kenya's arid and semi arid lands - long seen as lagging behind in the race for social and economic advancement - were among the biggest winners in this year's budget.
|
| • | Probe Election Papers, Judge Tells Expert: Two documents used in last year's Starehe parliamentary elections were referred to a handwriting expert to determine their authenticity.
|
| • | Probe Air Safety, Says Speaker: National Assembly Speaker Kenneth Marende on Monday said Kenya Civil Aviation Authority bosses should be fired for alleged incompetence.
|
| • | Ecobank Completes EABS Bank Takeover: Ecobank Transnational Incorporated (ETI) on Monday completed its takeover of EABS Bank by renaming it Ecobank Kenya Limited, appointing a new chief executive and reconstituting its board of directors.
|
| • | Man Dies As Heavy Rains Pound Coast: A man was killed and seven others injured when strong winds hit parts of Coast Province on Monday.
|
| • | Give Priority to the Homeless Children: Kenya's Children Parliament held its 5th session in Nairobi on Monday with calls on the Government to prioritise the needs of children displaced in the post-election violence.
|
| • | Information is the Key: This week, African Agriculture ministers are meeting in Nairobi at a time when food production in the continent is on the decline and prices on an unprecedented rise.
|
| • | 1.7 Million Puplis Miss free Education: More than 1.7 million Kenyan children of school-going age are out of classrooms despite the free primary education programme introduced five years ago.
|
| • | Act On Panel Report Before It's Too Late: The release of the Africa Progress Panel report on Monday, June 16, 2008, came at a most opportune moment. It gives a damning assessment of how the world has been paying lip-service to helping the poorest nations, most of which are in Africa.
|
| • | Budget Faulted On Youth Policies: Kenya will not realise economic growth if it fails to address the issue of population pressure, an expert has said.
|
| • | Raila to Meet Key U.S. Officials: Prime Minister Raila Odinga is set to meet US Secretary of State Condoleezza Rice in Washington to brief the top diplomat on the success of the Grand Coalition, aides have said.
|
| • | State to Lift Ban on Aloe Trade in July: Illegal sales of the aloe plant are set to end next month following the legalization of commercial production and trade in the crop.
|
| • | Mombasa Port Tops Agenda in Infrastructure Plan: For the first time in many years, the Government is seeking Parliament's permission to guarantee a long-term international loan for a state-owned enterprise.
|
| • | Ecobank Completes Acquisition: Ecobank Transnational has completed the acquisition of 75 per cent shareholding in EABS Bank.
|
| • | 15,000 New Jobs to Be Created: At least 15,000 new jobs will be created in the public sector in the coming financial year.
|