Saturday, July 19th, 2008
| |
| • | Nanotechnology the Third Revolution: In commenting on our recent article on nanotechnology published in BD Africa, Paul Kimani correctly stated that "it is a technology that will impact our lives in the coming decades and everyone ought to know about it." Even with an admission of the...
|
| • | Board Gives Mwebesa Another Three-Year Term: The Nairobi Stock Exchange (NSE) board of directors has renewed chief executive Chris Mwebesa's contract for another three-year term, ending months of speculation over the position since his contract expired in February.
|
| • | Synovate Buys Steadman And Retains Managers: The Steadman Group, the company that popularised the business of opinion polls in Kenya, has sold its market research and opinion polling business to a multinational market research company-Synovate, for an undisclosed fee.
|
| • | China's Record Leaves Sports Advertising in Dilemma: Some politicians and activists have asked their countries to boycott the 2008 Beijing Olympics citing China's human rights record in Tibet.
|
| • | Regulators Under Scrutiny On Vision 2030 Goal: As the country engages its top gears in readiness for the Vision 2030 industrialisation goal, attention is fast shifting to the quality of service offered by the State agencies charged with regulating investments.
|
| • | SMEs to Get New Avenue for Funding Money: Small and medium enterprises (SMEs) will have a new window for raising funds from October if proposals from a recently concluded study commissioned by the Capital Markets Authority to formalise the counter (OTC) market is implemented.
|
| • | Team Named to Enhance Skills in Tourism Sector: Efforts to improve the quality of services in the hospitality sub-sector moved a rung higher with the appointment of a task force to spearhead change at the Kenya Utalii College.
|
| • | At Sh2.9 Billion, the Price is Right for Grand Regency: The controversy surrounding the sale of the Grand Regency Hotel in downtown Nairobi has been emotive.
|
| • | Dollar Demand Buoys Trading At Forex Market: There was active trading at the forex market yesterday as the local unit gained 10 cents from the previous trade following an end month dollar demand.
|
| • | Just What is the Real Value of Grand Regency Hotel?: From an architectural perspective, the Grand Regency Hotel is a remarkable piece of work. As a hospitality business, however, the hotel situated on 2.1 acres on Nairobi's Uhuru Highway, is a different piece of cake.
|
| • | Country Steps Up Bid to Woo Chinese Investors: Kenya has stepped up campaigns to woo Chinese traders to invest in the country. The move is aimed at correcting the unfavourable balance of trade between the two nations.
|
| • | HP Changes Tack to Penetrate New Turf: Changing consumer trends have forced global printer and cartridge manufacturer Hewlett Packard to adopt cost reduction, security and fast performance as key themes to penetrate new markets.
|
| • | MPs Censure Kimunya Over Sale of Grand Regency Hotel: The political career of Finance minister Amos Kimunya was yesterday left hanging in the balance as Parliament passed a motion of no-confidence against him last evening.
|
| • | Motion Only the Third in Parliament's History: Yesterday's motion of no confidence on Finance minister Amos Kimunya was the third such proposal touching on a Cabinet minister in the history of the Kenyan Parliament.
|
| • | New Rules Make Owning Homes Easier for Workers: Kenyans will be able to buy houses worth up to Sh5 million using their pension contributions as a guarantee for mortgages in a move that is set to spur activity in the home loans market.
|
| • | Railway Plans for Upgrade Almost Ready: Kenya's master plan for two new railway lines to be built under the East African Community (EAC) initiative will be ready in two weeks.
|
| • | MPs Vote No Confidence On Finance Minister: Kenya's parliament has today passed a vote of no confidence on Finance Minister Amos Kimunya over his handling of the sale of a luxury hotel in Nairobi.
|
| • | Live Coverage in Polls Raised Emotions, Says Mayor: Live coverage of vote tallying should be banned during general elections, the Kriegler Commission was told Tuesday.
|
| • | MPs Want Finance Minister to Resign: Pressure on the beleaguered Finance minister Amos Kimunya to resign mounted Tuesday with some MPs asking President Kibaki to intervene in the Grand Regency Hotel scandal.
|
| • | Severe Food Shortage Hits Coastal Region: About 15,000 people are faced with severe food shortage in Malindi constituency.
|