Diamond Trust Bank has announced a rights issue which will be presented for shareholder approval at an extraordinary general meeting on November 1. D-Trust has been my best performing recent share, bought at 27/= in September 2005, and now trading at 84/=. Hat tip to Gathinga and Coldtusker for their comments on the capital issue after the AGM in May.
Black eyed TI
Got the latest Adili report from Transparency International Kenya (TI Kenya) in the mail yesterday. It’s hard to take the organisations findings on corruption seriously after the mud-slinging between the board and executives over the last two years.
Officials who threatend Kenya women volleyballers who had complained about unpaid (and promised) allowance, are also going to receive allowances as well even as the team is stll trying to raise money for the Japan trip.
Your Shell franchise here
Shell Oil is llookng for retailers to open/operate new stations in Naiorbi, Mombasa and Nakuru. You must be able to raise 10 milion shillings, and the deadlien is October 18.
Language of the future
UoN has passed out first graduates at its Confucius Institute (Chinese language centre).
Read on the launch.
What should be an interesting story on the threat to the Kenya flower industry from Ethiopian incentives, is sadly hidden behind a veil superior posturing that annoys rather than educates.
Foreign companies “who provide homes, education, healthcare, water, electricity - everything", will flee the “endemic corruption and rising insecurity” of Kenya.
Left out of the story are Kenyan-owned flower companies who are not going/able to pick up and move to Ethiopia – and who still have to comply with expensive & stringent EU conditions in order to continue exporting to Europe.
Policy research officer Africa at Action Aid. Apply to email@example.com 15 October
Southern and Eastern Africa Analyst at Control Risks (London). Apply to firstname.lastname@example.org by 20 October.
Parliamentary Service Commission: Senior deputy clerk, principal research officer, principal budget officer, principal legal counsel, budget officer I, and budget officer II. Apply through pricewaterhousecoopers at email@example.com by October 20.
Precision Air Tanzania (49% KQ owned): Captains (6), first officers (3) and sales manager. Apply through PWC at firstname.lastname@example.org
Software developers at Sasanet. Apply to email@example.com
Details at their site: http://www.unhabitat.org.
- Chief, Urban Environment Section, P 5, Nairobi. Deadline is 10 October
- Head, Shelter Branch, D1, Nairobi. Deadline is 22 October.
Food aid specialist at USAID. Apply to firstname.lastname@example.org by October 20
Team assistant at the World Bank’s Water and sanitation program (WSP) apply to email@example.com by 19 October
Deputy managing director and officer manager at an un-named property management company. Apply to
firstname.lastname@example.org by 19 October.