Kenya News & Headline Stories

Kenya News & Headline Stories

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Friday, January 27th, 2012

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• Baraza Case to Be Heard Monday: Nation (Nairobi)-Suspended Deputy Chief Justice Nancy Baraza on Thursday lost the first round of a legal fight to stop a tribunal appointed by President Kibaki from inquiring into her conduct.
• Two Firms in Joint Venture to Drill for Oil Near Lodwar: Business Daily (Nairobi)-Africa Oil and Tullow have started drilling two wells in northern Kenya, hoping to confirm existence of oil in block10BB near Lodwar by the end of 2012.
• Exit Uhuru, Muthaura: Nation (Nairobi)-Finance minister Uhuru Kenyatta and Head of Civil Service Francis Muthaura resigned their positions on Thursday after a four-hour meeting with President Kibaki.
• ICC Charges Hound Uhuru Out of Treasury: Business Daily (Nairobi)-Uhuru Kenyatta on Thursday stepped down as Finance minister, succumbing to a jinx that has haunted holders of that docket since 1993.
• Consumers Grow Despite Inflation: Business Daily (Nairobi)-In a cafe on the terrace of an upmarket Nairobi mall, well-heeled Kenyans sip coffee as shoppers in the car park navigate between BMW X5s, Toyota Land Cruisers and Mercedes.
• Poor Relations Between Banks Blamed for Cash Shortages: Business Daily (Nairobi)-The widening disconnect between local commercial banks and Kenyan subsidiaries of multinational lenders is worsening the distribution of cash in the financial system, Family Bank managing director Peter Munyiri said on Thursday.
• Fish Prices Up As Vegetable Supply Dwindles: Business Daily (Nairobi)-Fish prices have gone up in Western Kenya following dry weather that has reduced vegetable supply.
• Consumers to Pay More for Milk and Bread As Prices Rise: Business Daily (Nairobi)-Consumers will have to dig deeper into their pockets to pay for yet another jump in the cost of breakfast attributed to a fall in the supply of milk and an increase in wheat prices.
• Kibaki Tasks Ex-Dar CJ to Lead Probe in Kenya: Citizen (Dar es Salaam)-Tanzania's immediate former Chief Justice, Mr Augustino Ramadhani (pictured), will head a team of seven to investigate the conduct of Kenya's suspended deputy Chief Justice, Nancy Baraza, who stands accused of assaulting and...
• Mombasa Port Cargo Congestion Forces Three-Month Fees Waiver: Monitor (Kampala)-High port charges and delayed clearance have seen cargo at Mombasa port reach crisis levels, prompting the port's authority to declare a three-month waiver, according to a media notice published on Wednesday.
 
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