04 DEC 2013 BY MICHAEL NDIRANGU
IMPROVED FISCAL MANAGEMENT HAS KENYA WELL PLACED
TO BORROW FROM INTERNATIONAL FINANCIAL MARKETS. THE INTERNATIONAL MONETARY FUND
SAID, AS IT ANNOUNCED AN IMMEDIATE DISBURSEMENT OF 110 MILLION DOLLARS. KENYA,
EAST AFRICA’S BIGGEST ECONOMY, IS IN THE FINAL STAGES OF MANDATING J.P. MORGAN
AS LEAD MANAGER FOR ITS DELAYED FIRST SOVEREIGN BOND ISSUE WORTH UPTO TWO BILLION
DOLLARS.
TWO CHINESE
CONSTRUCTION COMPANIES ARE SET TO CONSTRUCT A 20 MILLION PASSENGER TERMINAL AT
THE JOMO KENYATTA INTERNATIONAL AIRPORT IN NAIROBI. THE 178,000 SQ. METERS
TERMINAL WHICH IS EXPECTED TO COST ABOUT 645 MILLION US DOLLARS, WILL GIVE JKIA
AN EXTRA HANDLING CAPACITY OF 20 MILLION PASSENGERS ANNUALLY BOOSTING THE
AIRPORT’S STATUS AS A REGIONAL HUB OF INTERNATIONAL STANDARDS.
ON MONDAY, ECOBANK ANNOUNCED IT HAD SIGNED A 50
MILLION DOLLAR LOAN AGREEMENT FOR TEN YEARS WITH FRENCH INTERNATIONAL
INSTITUTION, PROPARCO, TO SUPPORT THE GROWTH OF ITS LOCAL BANKING NETWORK.
ECOBANK, WHICH OPERATES IN 35 AFRICAN COUNTRIES, SAID IN A STATEMENT THAT THE
LOAN WOULD FUND REGIONAL EXPANSION INCLUDING TARGETING CUSTOMERS ON THE
CONTINENT WHO DO NOT YET HAVE BANK ACCOUNTS.
25TH NOVEMBER 2013 @2:15 PM BY LAURA NAYERE
MWAKA MMOJA BAADA YA UZINDIZI WA SYOKIMAU,SASA HIVI
INAPATA HASARA YA TAKRIBAN SHILLINGI MILLIONI HAMSINI KILA MWEZI.KUPANDA KWA
GHARAMA YA MAPATO YANAYOHITAJIKA KUENDESHA KITUO CHA RELI CHA SYOKIMAU
YAMESABABISHA HASARA YA DHAMANA HIYO.KAIMU MKURUNGEZI MKUU ALFRED MATHEKA
ALISEMA ITACHUKUA ANGALAU MIAKA MINNE
KABLA YA HUDUMA YA SYOKIMAU KUANZA KUPATA FEDHA KWA AJILI YA BIASHARA.
MIRADI YA BIASHARA AMBAYO ILIKUWA IMEACHWA NJE
KWENYE BAJETI YA MWEZI JUNE HIVI SASA IMEPOKEA FEDHA.KATIKA MKUTANO SIKU YA
IJUMAA, BARAZA LA MAWAZIRI ILIPITISHA BAJETI YA ZIADA YA SHILINGI BILLIONI
115.9 YA MAENDELEO AMBAYO ITASAIDIA KUFADHILI BARABARA, UMEME, RELI NA MIRADI
MENGINE MUHIMU.
KAMATI YA BUNGE INAWEZA KUPENDEKEZA KUFUTWA KWA MKUU
WA BODI YA SUKARI NCHINI KENYA ROSEMARY M’KOK KWA RIPOTI YA WANABUNGE
INAYOTARAJIWA KABLA YA DESEMBA TAREHE TANO.KAMATI YA BUNGE YA KILIMO ILISEMA
TANGU BI.M’KOK AKUWA UONGOZINI IMEIBUKA KUWA BODI HIYO IMEANZA KUANGUKA.4TH NOV 2013 BUSINESS NEWS 10 45AM CATHERINE MBUVI
THE GOVERNMENT WILL NOT REST UNTIL THE PROBLEMS
AILING THE SUGAR INDUSTRY IN THE WESTERN REGION ARE RESOLVED.
THE PRESIDENT SAID THAT HE WILL WORK CLOSELY WITH
LEADERS FROM THE REGION TO ENSURE SUGAR FACTORIES ARE PROPERLY MANAGED AND CANE
FARMERS BENEFIT FROM THE CROP.
HE SAID THAT THE GOVERNMENT WILL ALSO WORK WITH THE
RELEVANT AUTHORITIES TO ENSURE THAT THE SAFEGUARD ON THE IMPORTATION OF CHEAP
SUGAR FROM THE COMESA REGION IS EXTENDED SO THAT CANE FARMERS CAN CONTINUE
EARNING GOOD RETURNS FROM THE CROP.
TURKANA COUNTY WHICH HAS ALWAYS BEEN CONSIDERED KENYA'S POOREST REGION IS ON THE VERGE OF CROSSING THE RUBICON TO RICHES IF THE
DISCOVERY IN THE AREA OF OIL AND HUGE UNDERGROUND WATER RESERVES IS ANYTHING TO
GO BY.
HOWEVER, THIS TRANSFORMATION WILL BE COMPLETE ONLY
IF EXPLORATION OF THE TWO RESOURCES IS SUCCESSFULLY DONE.
A WEEK AGO, LOCAL MPS JAMES LOMENEN (TURKANA SOUTH) AND NICHOLUS
NGI’KOR(TURKANA EAST) LED LOCALS IN A PROTEST MARCH TO THE OIL FIELD, PROMPTING
THE SUSPENSION OF OIL DRILLING IN THE REGION.
THEY WERE PROTESTING ALLEGED DISCRIMINATION IN
EMPLOYMENT, TENDERS AND TRANSPORT CONTRACTS BY TULLOW OIL COMPANY THAT IS
EXPLORING THE OIL.
IDADI YA WATALII
WANAOWASILI NCHINI KENYA KUSHUHUDIA KIPINDI CHA KUANDAMWA KWA MWEZI ALMAHARUFU
SOLLAR ECLIPSE INAZIDI KUONGEZEKA . WAZIRI WA MASWALA YA AFRIKA MASHARIKI
PHYLIS KENDIA ANASEMA TUKIO HILO LA KIJOGRAFIA LITASHUHUDIWA NOVEMBA 8 KATIKA
MBUGA YA WANYAMA WA ZIBILOI NA ZIWA TURKANA.
RAIS WA KENYA UHURU
KENYATTA AMEWATAKA WASHIKA DAU KATIKA SEKTA YA SUKARI HAPA NCHINI KUWEKA
MIKAKATI YA KUIMARISHA SEKTA HIYO . RAIS
UHURU ALISEMA KUNA HAJA YA SEKTA HIYO KUBORESHA ZAIDI ILI TAIFA LIWEZE
KUSHINDANA VYEMA NA NCHI NYINGINEZO HASA ZA UKANDA HUU ZINAZOZALISHA SUKARI .
SERIKALI YA KENYA
INATARAJIWA KUZINDUA NOTI MPYA ZITAKAZOTUMIKA HUMU NCHINI . NOTI HIZO ZA
SHILINGI 10 HADI 1000 ZITAKUWA NA SURA MPYA YA KENYA TOFAUTI NA ZILE ZA KITAMBO
ZILIZOKUWA NA SURA YA RAIS ALIYECHAGULIWA NA WALIOSTAAFU .
WANABIASHARA WA HAPA
RONGAI WANALALAMIKIA UKOSEFU WA USALAMA NA JUA KALI KUWA NI CHANZO CHAO CHA
KUKOSA PESA NA MALI ZAO KUTONUNULIWA NA USAFIRI KUSUMBULIWA NA WEZI .
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