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Now KACC Explains Regency Deal
allAfrica.com - Monday, May 12, 2008
he Kenya Anti-Corruption Commission has explained the circumstances in which it repossessed Nairobi's Grand Regency Hotel from businessman Kamlesh ... more

Thief Steals Deadly Snakes
allAfrica.com - Monday, May 12, 2008
thief broke into cages and stole seven deadly snakes near the Kenyan Rift Valley town of Naivasha, state media reported on ... more

Equity Earnings Grow By 81 Percent in First Quarter
allAfrica.com - Monday, May 12, 2008
fortnight after Kenya's Equity Bank announced plans to acquire Uganda's largest lender, Uganda Microfinance Ltd, the bank has reported that earnings for for the first quarter of 2008, grew by 81 percent, pushing its liquidity ratio to 74 per ... more

Investors Woo Uchumi in Dramatic Reversal of Supermarket's Fortunes
allAfrica.com - Monday, May 12, 2008
ozens of local and foreign suitors are lining up to buy a stake in Uchumi Supermarkets, barely two years after the listed chain closed its doors and asked for statutory ... more

Agra Launches $47 Million Credit Line for Farmers
allAfrica.com - Monday, May 12, 2008
he Alliance for a Green Revolution in Africa (Agra) and the International Fund for Agricultural Development (Ifad) have launched a Ksh3 billion ($47.6 million) credit line for Kenyan ... more

World Tea Prices Soar As Output in Country Drops Sharply
allAfrica.com - Monday, May 12, 2008
ea prices are headed for a record high following a historical drop in Kenya's production, reduced supplies at the Mombasa tea auction and a rise in international market ... more

Country's Tea Loses Its Flavour in Pakistan
allAfrica.com - Monday, May 12, 2008
tactical manoeuvre by Pakistan into bilateral free trade arrangements with several Asian neighbours is threatening to throw its multi-billion shilling-a-year-tea trade with Kenya into a ... more

No More Preferential Treatment in WTO Negotiations
allAfrica.com - Monday, May 12, 2008
enya will lose its preferential treatment in non-agricultural market access in the ongoing World Trade Organisation negotiations, a Nairobi-based research institute ... more

Pardon for Poll Chaos Ruled Out
allAfrica.com - Monday, May 12, 2008
ice-President Kalonzo Musyoka and two Cabinet ministers Sunday said those who committed crimes against humanity during the post-election violence should be ... more

Foreigners to pay 50 cents more for Safaricom shares
Topix - Monday, May 12, 2008
p class="lede_quote">"Final results in the local pool will only be known over the next few weeks once application processing is finalised" Story by JUSTUS ONDARI Publication Date: 5/8/2008 Foreign investors will pay Sh5.50 per share; a mere 50 cents more than the locals, in the ongoing Safaricom... more


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DEVELOPMENT-AFRICA: 'Political Will' Needed To Address Food Crisis
Topix - Sunday, May 11, 2008
p class="lede_quote">"In the short run we need soil fertility" The need to give agriculture top billing on governmental "to do" lists has been highlighted at a telephone briefing to discuss the current food crisis as it affects Africa. via Inter Press Service ... more

Thousands Welcome Prime Minister in Kisumu
allAfrica.com - Sunday, May 11, 2008
rime Minister Raila Odinga landed in Kisumu with a spring and the swarming crowds garlanded its favourite son with a memorable, pompous ... more

Darfur rebels battle outside capital in Sudan
Topix - Sunday, May 11, 2008
p class="lede_quote">"People are joining us from all over" NAIROBI, Kenya - Rebels from the western Sudan region of Darfur took their five-year struggle to the doorstep of their country's capital Saturday, engaging in gun battles on the outskirts of Khartoum. via Chicago Tribune ... more

Telkom Kenya, Ericsson Kenya sign deal to set up new cell phone network
Topix - Sunday, May 11, 2008
p> NAIROBI, Kenya : Telkom Kenya has signed a deal with Ericsson Kenya Ltd. to set up a new mobile phone network in East Africa's largest economy, the companies said. via International Herald Tribune ... more

Algerian govt to assist in IDPs resettlement
Topix - Saturday, May 10, 2008
p> Caption: President Mwai Kibaki meets with Hon. Abdel Kader Messahel, Minister for African Affairs for Algeria who called on him at State House, Nairobi The Algerian Government has pledged to support the Kenyan ... via Kenya Broadcasting Corporation ... more

Seizure of Kabuga's Asset Good, But Insufficient
allAfrica.com - Saturday, May 10, 2008
he Special Representative of Rwandan government to the International Criminal Tribunal for Rwanda (ICTR), Aloys Mutabingwa, has welcomed seizure in Nairobi, Kenya of a property belonging to Felicien Kabuga, alleged financier of the 1994 genocide, but considered the initiative as ... more

Refugees Move Nearer Home
allAfrica.com - Saturday, May 10, 2008
he Government on Friday started relocating internal refugees from Burnt Forest camp in Uasin Gishu District to centres near their ... more

Cabinet Pledges to Put Aside Political Rivalry
allAfrica.com - Saturday, May 10, 2008
he country's Grand Coalition cabinet was on Friday exuding confidence saying they are ready to work together as a team to restore confidence of all ... more

Kenya: High Refinery Costs to Raise Petrol Prices
Topix - Saturday, May 10, 2008
p class="lede_quote">"Basic processing fee was last increased in September 2006 and inflation since then has increased by more than 11 per cent" Kenyans should start preparing to pay more for petroleum products before the end of the year. via AllAfrica.com ... more

Gunmen Shoot Two Contractors in City
allAfrica.com - Saturday, May 10, 2008
unmen separately shot dead two prominent Nairobi contractors in mystery ... more

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