Standard: Retail investors should consider unit trust funds investments07 Feb 2012 - In today's complex financial markets, you can select from an impressive array of investment vehicles. Each investment also carries some risks, making it important to choose wisely if you are selecting just one. Sometimes it's advisable for retail investors to consider putting their money on the various unit trust funds available rather than investing directly in the stock market. |
Standard: EA 'bond market is a free lunch'07 Feb 2012 - Bond investors in East Africa yearn for sales of longer-term government paper to secure high yields and benefit from capital gains spurred by rate cuts seen later this year. |
Standard: An economic interpretation of ICC pre-trial ruling07 Feb 2012 - The charges were finally confirmed for four Kenyans. Despite all the preparations, there were no riots and Kenyans went on with their business as usual. There are many explanations to that. Kenyans probably learnt their lesson in 2008'violence does not pay. Kenyans might also be tired, battered by inflation, drought, strikes and war in Somali. |
Standard: Alas, elections are not for the faint-hearted07 Feb 2012 - Towards the August 27th deadline in which a number of Bills were supposed to have been passed, the media reported on the issue as if there will be no tomorrow. The reporting implied that there were no options back to pass the requisite legislations. |
Standard: Mumias Sugar to double production capacity07 Feb 2012 - Mumias Sugar Company (MSC) plans to more than double its production capacity in the next six months so as to ease the sugar shortage that saw the commodity's retail price hit a historic high of Sh200 per kilogramme in August last year. |
Standard: Tolerating self-declared rebels bad for parties07 Feb 2012 - All signs are that most parties are not ready to pursue vigourously enough the matter of expelling members who flout the Political Parties Act and it is not hard to see why. Of the parties that have tried to discipline errant members, only a couple may have followed the due procedure required by law. |
Standard: Leave out sideshows in probe of shilling07 Feb 2012 - The past year has been a struggle for many people in Kenya. The cost of living went up, the shilling lost ground and there is still uncertainty about how it is likely to behave in future, including whether the current measures put in place by the Central Bank of Kenya (CBK) will sustain its recovery. |
Standard: What next for Nairobi Securities Exchange?07 Feb 2012 - The below-par performance of the Nairobi Securities Exchange (NSE) has generated huge discomfort within the investing fraternity with pundits remaining indecisive on time-lines surrounding its recovery. |
Standard: Retirees stare at old age poverty07 Feb 2012 - It is tragic that a large majority of Kenyans presently engaged in gainful employment and other income generating activities could sink into poverty when they retire. |
Standard: Who bled our shilling?07 Feb 2012 - Fresh details have emerged over foreign currency transactions by banks when the shilling lost much of its value against hard currencies. |
Standard: Challenges abound for HIV-positive children07 Feb 2012 - Young Peter throws his ball along the narrow dark alley that separates one row of houses from the other, every now and then he runs back to the house to take a gulp of cold water. "He is an active child and he takes a lot of water. If only food was sufficient then I wouldn't have to worry too much," explains Kacheri Muthiora, his grandmother. |
KBC: Majority of Kenyans content with ICC ruling07 Feb 2012 - Majority of Kenyans are satisfied with the International Criminal Court ruling that confirmed the charges against four of the six suspects facing crimes against humanity. According to a new survey by Ipsos-Synovate, 60 percent of Kenyans believe fair trial will be accorded to those involved. |
KBC: Sack non-performing ministers Atwoli tells principals07 Feb 2012 - As political temperatures continue to rise setting the momentum for an election, the Central Organization of Trade Union (Cotu) Secretary General Francis Atwoli is asking the President and the Prime Minister to sack ministers and government officials who are running around the country campaigning at the expense of their duties to the public. |
Standard: Markets regulator forms interim board to run CMC07 Feb 2012 - The ongoing boardroom wrangles at listed auto dealer, Cooper Motors Corporation (CMC) Holdings Limited, could be coming to an end. The Capital Markets Authority (CMA) has decided to clean house at the firm by appointing an interim board to run the firm's affairs. |
Standard: Ocampo takes on Uhuru, Muthaura07 Feb 2012 - The Hague Prosecutor has put up a spirited fight against points raised by Mr Uhuru Kenyatta and Mr Francis Muthaura in seeking clearance to appeal against commitment to full trial. |
Standard: How will Kenyans in Diaspora vote?07 Feb 2012 - I totally agree with ambassador Elkanah Odembo's (Kenyan ambassador to US) view that Kenya's new (now not so new) Constitution is transformative especially when it comes to the 'rights' and 'privileges' it bestows on the Diaspora. |
Standard: Truth commission shuns Kiplagat07 Feb 2012 - The Truth Justice and Reconciliation Commission (TJRC) is putting up a spirited fight to have Mr Bethuel Kiplagat prohibited from interfering with its activities. |
Capital News: Appeals by 4 Kenyans defective, argues OcampoNAIROBI, Kenya, Feb 6 – The International Criminal Court Prosecutor Luis Moreno Ocampo has urged the ICC’s Appeals Chamber to reject petitions by four Kenyans whose cases were committed to trial by the Pre-Trial Chamber II. In contesting the applications by Deputy Prime Minister Uhuru Kenyatta, former Head of Civil Service Francis Muthaura, Eldoret North [...] |
KBC: Standard Chartered denies involvement in malpractises07 Feb 2012 - Following last week's naming in camera of three banks alleged to have been involved in malpractices that led to the drastic slide of the Kenya shilling late last year the committee probing the depreciation has been engaging the named banks. |
KBC: Mumias Sugar records profit07 Feb 2012 - Sugar processor Mumias Sugar Company posted a slight pick-up in pretax profit to 1.3 billion shillings for its first half through December the company reports. The processor which is the largest sugar grower and miller in the country said though the firm's revenue fell 5 percent a year before to just under 7 billion shillings, the company scaled back its marketing and distribution costs in the period under review by half to 224 million shillings. |
KBC: Mudavadi distances himself from G7 alliance07 Feb 2012 - Deputy Prime Minister and Minister for Local Government Musalia Mudavadi who is seeking to be the ODM political party presidential ticket bearer has denied connections to the G7 alliance and said his decision to be the party's presidential candidate was aimed at consolidating democracy in the country. |
KBC: Tea farmers report 50% drop in production07 Feb 2012 - Kericho County is best known for its vast tea plantations, making it the center for Kenya's tea market. Tea production in the area has largely contributed to Kenya being the world's third largest producer of tea after India and Sri Lanka. |
KBC: COFEK threatens to sue over EAPCC07 Feb 2012 - The Consumers Federation of Kenya (Cofek) has threatened to go to court over the raging management problems at the East African Portland Cement Company.In a statement to news rooms COFEK urged the government to act on the emerging corporate governance issues at the company and demanding a show. |
Capital News: I’m my own man, asserts MudavadiNAIROBI, Kenya, Feb 6 – Deputy Prime Minister Musalia Mudavadi has robustly denied that he is working for ‘outside forces’ in his bid to be elected the Orange Democratic Movement’s presidential flag bearer. Addressing over 250 ODM delegates at Sai Rock Beach Hotel in Mombasa, Mudavadi said he was determined in his quest and dismissed [...] |
Capital News: Civilian police chief subject of intense debateNAIROBI, Kenya Feb 6 – The controversial debate on the suitability of a civilian to head the police department dominated interviews for members of the national Police Service Commission that got underway on Monday at the Kenyatta International Conference Centre (KICC). Opinion was divided amongst candidates interviewed, with most of them insisting that it would [...] |
Capital News: Law to clear air over eligibility for public officeNAIROBI, Kenya, Feb 6 – The Ministry of Justice is in the process of formulating legislation on leadership requirements as stipulated under Chapter 6 of the Constitution. The ministry’s Deputy Chief Legal Officer John Tuta told stakeholders attending a workshop on leadership and integrity on Monday, that they already developed a draft on the principles [...] |
Capital News: We are not sleeping on the job – DPPNAIROBI, Kenya, Feb 6 – The office of the Director of Public Prosecutions has strongly defended itself against accusations that it is lax in investigating cases involving high profile public officials. Speaking during the opening of a workshop for prosecutors in East Africa, Senior Deputy Public Prosecutor Dorcas Oduor said they had handled many high [...] |
Capital News: Piling court injunctions infuriate MutulaNAIROBI, Kenya, Feb 6 – Justice and Constitutional Affairs Minister Mutula Kilonzo on Monday took issue with the ruling issued by the Court of Appeal, putting a stop to the process of vetting judges and magistrates, terming it ‘unfair.’ Speaking at a forum on leadership and integrity in Nairobi, the Justice Minister argued that the [...] |
Capital News: Philippine quake kills 43MANILA, Feb 6 – A 6.8-magnitude earthquake struck off the coast of the central Philippines on Monday, killing at least 43 people and causing widespread panic, officials said. The powerful quake hit in a narrow strait between the heavily populated island provinces of Negros and Cebu, causing buildings to collapse, cracking roads and bridges, and [...] |
Capital News: Raila plays down Luo-Kikuyu riftNAIROBI, Kenya, Feb 6 – Prime Minister Raila Odinga is wooing voters from Central Province and says the perceived differences between the Kikuyu and Luo are not real but a creation of propaganda agents. The premier who spoke after a breakfast meeting with activists, students, clergy and former MPs from Central Kenya at a Nairobi [...] |
Capital News: Synovate survey contradicts rival pollster on ICCNAIROBI, Kenya, Feb 6 – A new opinion poll by Ipsos-Synovate sharply contradicts findings of another pollster released last week on the views Kenyans hold following the confirmation of charges by the International Criminal Court (ICC) against four individuals, for crimes against humanity. The Ipsos-Synovate poll shows that 60 percent of Kenyans are satisfied with [...] |
Standard: Raila meets central elite06 Feb 2012 - Prime Minister Raila Odinga has secured pledges of support for his race to presidency from a group of central Kenya lobbyists calling themselves Kikuyus for Change. |
Standard: I am well, says Saraha Obama06 Feb 2012 - US President Barack Obama's grandmother Mama Sarah Hussein Onyango Obama has allayed fears over her health following a traffic accident she was involved in on Saturday. |
Capital News: Court ends inquest into Zimbabwe general’s deathHARARE, Feb 6 – A Zimbabwe court on Monday closed an inquest into the death last year of ex-army chief Solomon Mujuru in a mysterious fire, with the magistrate rejecting an application by his family to have his body exhumed. “This marks the end and closure of the inquiry,” magistrate Walter Chikwanha said after Mujuru’s [...] |
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