Wednesday, December 21, 2005

Monster Week

monster truck finale

Three ministries are fighting for the monster trucks and other assets of the about–to-be-disbanded CKRC.

Flora Kenya
A look at some of the major flower farms in Kenya. From Timbuktu Chronicles

Banking Secret #1
Cheques over 10 million shillings are cleared on the next day, unlike smaller cheques which normally take about a week to clear.

Nigerian Shares
During the Arsenal-Chelsea game shown on Super Sport, there were numerous advertisements about an on-going rights issue of Union Bank of Nigeria. Am not sure what the cost of advertising is on DSTV, but it’s unlikely that Kenyan banks or institutions will place adverts on DSTV especially for a rights issues. Note that the 2004 KCB rights issue had a total budget of 104 million shillings of which only 13 million was set aside for advertising.

mobile phone questions
- Safaricom House is a new office building next to Njuguna’s on Waiyaki Way. What will happen to the old Safaricom House in Westlands?
- Now that I have bought a Celtel line for 49/= and received a second free Safaricom line for buying 100/= worth of credit on Luthuli Ave (both of which are dormant) what is my average value (ARPU) as a subscriber to both companies?

Workers in the tourism sector are being encouraged to learn Mandarin to cope with the 10,000 (and growing) tourists from China who visit Kenya each year.

Construction of Eagle Plains Housing Estate, a 350 housing development off Mombasa Rd, is expected to resume after a Nairobi Court dismissed an objection to the construction of the estate filed by Nakumatt supermarkets against the developer and the National Environmental Management Authority (NEMA). Nakumatt had complained that location of the proposed estate, which is next to its headquarters, went against the spirit/business theme of the area, which already has 13 major industries.

Retrenchment Pipeline
The Minister of Finance has approved a tax waiver of benefits to be paid to retrenched employees of the National Bank of Kenya (NBK), Kenya National Trading Company KNTC and the Civil Service. As part of the package, civil servants will not be allowed to re-join the service for a period of three years.

At the Kenya Times newspaper;
- managing director
- chief accountant
- adverting manager
Apply to the secretary to the board, by January 6.

Educational opportunity
The Cornell Assistantship for Horticulture in Africa (CAHA) provides a doctoral assistantship in horticulture to a student from Sub-Saharan Africa. More details here and the deadline for applications is March 1, 2006 Thanks, Kevin.

The Nation corrects a story they had published earlier to the effect that Uchumi had fired PWC as their auditors.


LwandaMagere said...

On the Floriculture issue, if you believe that roses have become horticultural commodities, is there an opportunity for enterprising banking folks to provide financial risk management services to the producers? I am not familiar with the nature of contracts and trade in the flower markets but it's an interesting question I think.

daktari said... many lines on safaricom?...i already have 3 and iu think that it's all a fight to see how many numbers of 'subscribers'they have come up with this year.I wonder how many of the +5 million subscribers are still connected

on the PWC issue,they should have acceded to the shareholders requests to have them off the list.I think there was shared blame between the auditors and management.. said...

Debt Management, Consolidation Loans & Elimination Programs

It's time to do something about your debt. Millions of Americans have a wallet full of credit cards--plus expensive personal loans, auto loans, second mortgages and more. you're tired of paying 10%, 15%, 19% and more on your credit cards, auto loans, personal loans and other types of credit, today is the day to wipe the slate clean and start over. A debt consolidation loan can lower your interest rate, combine all your accounts into just one convenient monthly payment and give you some extra breathing room in your budget. You'll save money now - and at tax time too (be sure to consult your tax advisor for details.)

With mortgage interest rates the lowest they've been in decades, now is the perfect time to refinance your home and pay off all those nagging bills. You can count on America's Lending Partners FREE service to help you lower your interest rate, pay off those nagging bills and cut your monthly payments by as much as $300, $450, even $500 or more.

Start your request at left. Then, we'll match your profile with our nationwide network of lenders. You'll get up to 4 great offers from some of the most prominent and respected refinance debt consolidation lenders in America...each presenting their absolute best loan offer to win your business

Do not wait any longer; now is the time to take charge of your debt situation. Feel free to brows our site for more information, or for a free, no obligation debt quote, fill out a quick response form on your left, or click here for a free debt quote.

If your in debt... you're not alone. Today, millions of Americans are having difficulty paying their debts. Most of those in financial distress are middle income families with jobs who want to pay off what they owe.

Now is the time to act! Doing nothing can lead to much larger problems.


Free Loan Request - Get Up To 4 Loan Offers!

**** You must own a home to qualify for this service. ****

Anonymous said...

Just wondering if Kenya Governmentis serious about seizing opportunities for reconstruction in Southern Sudan and the emerging market. The road to Sudan through Kitale, Lodwar' Loki is still plagued with bandits and pot holes so Kenyan firms have to export things to Sudan through Uganda.

Just saw a website on an investment conference for Southern Sudan

Anonymous said...

Hi, Thank you for having this info on the web. I enjoyed your post. If you may have any interest in
debt consolidation student Loan consolidation
then I know where you may get your solution. For your comfort, I have enclosed the link, so if needed you can visit the site. Thanks again for your lovely blog said...
This comment has been removed by a blog administrator.


Related Posts with Thumbnails