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Friday, August 22nd, 2008

August 2008
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• Islamic Bank Seeks Market Dominance: A second Islamic bank has opened a branch in Mombasa in as many months setting the stage for fierce competition between the institutions which carry out business according to the Shariah law and the mainstream conventional bankers.
• Kenswitch Opts for Regional Expansion: Local national payments switch provider, Kenswitch has put in place an ambitious plan to bring 19 more banks into its existing network.
• Council Asks for EPZ-Like Concessions: The multi-billion shilling cut flower industry has become the latest wing of Kenya's ailing agriculture sector to ask for an incentive scheme from the Government citing escalating cost of inputs and its impact on profitability in the sector.
• Country Replaced In ICC Standings: Kenya replaced Namibia at the top of the ICC Intercontinental Cup table after thrashing the Dutch team by an innings in Amstelveen, The Netherlands.
• Bungei And Kirwa Sail Through: Kenya suffered three casualties but remained on course for a double in the 800 metres at the Beijing Olympics when Wilfred Bungei and Alfred Kirwa won their semi-final races at the National Stadium on Thursday night.
• Railway Hosts 'Nation' Classic: This year's East African Nation Golf Classic enters its home stretch with the hosting of the ninth leg at the Kenya Railway Golf Club this weekend.
• Githongo - Anti-Graft Czar With a Poisoned Chalice: Excitement or fear that the visit of self-exiled former Ethics permanent secretary John Githongo may herald another dramatic expose of the murky dealings many senior operatives in the first Kibaki Government were involved in is misplaced.
• Ministries Must Do What They Preached: The public service exhibition this week demonstrates a major shift in the thinking in Government. No longer do the public servants work in secrecy.
• The Cutting Edge: Something is fundamentally wrong with the current arrangement where the Prime Minister is not a member of Parliament's powerful House Business Committee, remarks David Waweru.
• Just Do the Correct Thing And Sign On the Dotted Line: I can now understand Chief Justice Evan Gicheru should be so protective of his troops in the case of performance contracts. Well, sort of.
• Stop Wasting Our Money: Former Tanzania Prime Minister Joseph Warioba has got it right: setting up commissions of inquiry and task forces to investigate grand corruption is a waste of time and money.
• Boarding Not the Cause of Riots: Secondary school principals want boarding schools in urban areas scrapped, arguing that doing this will stop strikes.
• Githongo's Return to Kenya Was Not Be Earthbreaking: An East african perspective
• Mohammed and Mugabe to Play in 2010 Africa Cup: Harambee Stars head coach Francis Kimanzi has recalled midfield maestro Jamal Mohammed and Victor Mugabe to the national team, in readiness for the 2010 Africa Cup of Nations and World Cup qualifiers.
• Conference Calls for Judicial Reforms: A regional conference on constitutional democracy has said reforms in the Judiciary should be undertaken for accountability in the Bench.
• Internal Refugees Deserve Same Rights As the Fleeing People From Across the Border: The May xenophobic violence in South Africa, which left over 30,000 people displaced, posed a new challenge for the Africa Union (AU) in its quest to tackle the problem of refugees and Internally Displaced People in the continent.
• MPs Agree to Pass New House Rules: MPs Thursday agreed on a set of rules that will guide Parliamentary proceedings as from March next year.
• Graft Gang May Be Pardoned: Goldenberg architect Kamlesh Pattni and key people in the Moi and Kibaki administrations could benefit from a planned amnesty for past corruption.
• Brewer Cries Foul Over KRA Stamps: Wine and spirits maker Keroche Industries has said its rivals were using the Government to prevent its entry into the beer market.
• New Rules Set to Change the House: The clamour for an overhaul of the Standing Orders of Parliament to cater for political, legal and other changes in the country has finally borne fruit.
 
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