Browsing All Posts published on »August, 2011«

One of every five handsets in Kenya is fake

August 23, 2011

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  The increase penetration of mobile phones in the country has offered an opportunity for fake mobile handsets to thrive in Kenya. According to Safaricom Limited, one in every five handsets used locally is fake and might soon be switched off from the networks. As part of the war against counterfeits, the Communications Commission of […]

Britak offer manages 60.09% subscription, falls shy of Sh5.58 billion target

August 23, 2011

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The British American IPO fell shy of a full subscription with only 390.5 million of the 650 million being subscribed. The offer which was selling at Sh9 for a minimum of 2,000 shares received the most applications from East African retail investors. Only 23 foreign investors and 72 qualified institutional investors participated in the offer. […]

Firm to manufacture condoms locally

August 10, 2011

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Below is a press release from the Ministry of Industrialization on a company that will soon start manufacturing of condom locally. This is expected to save the government billions of shillings currently spent in importation of condoms -Bizextras PRESS RELEASE The government, through the Ministry of Industrialization is in the process of signing a memorandum […]

Ruling on CCK’s DG Njoroge by Justice David Maraga

August 10, 2011

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Below is the ruling that has temporarily seen Communication Commission of Kenya Director General Mr Charles Njoroge vacate office until the case is heard and determined -Bizextras Read on.. This is a petition for leave to commence Judicial Review proceedings and apply for the orders of Certiorari, Prohibition and Mandamus. The application is based mainly […]

Court orders CCK’s DG Njoroge out of office

August 10, 2011

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A high court judge has ordered Communication Commission of Kenya director general Mr Charles Njoroge to vacate office. This follows a move by the Consumer Federation of Kenya (Cofek) seeking orders from it to quash Information and Communications Minister’s appointment of Mr Njoroge. READ THE COFEK STATMENT HERE The decision by the court now sets […]

Cofek against CCK’s DG- Charles Njoroge, goes to court

August 4, 2011

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Statement from Cofek’s SG on the renewal of contract of Eng. Charles Njoroge as Director-General of the Communications Commission of Kenya… Consumers Federation of Kenya (Cofek) has today, 4th August 2011, instructed its lawyers to appear in the High Court next week against the Attorney General and Minister of Information and Communications seeking among other […]

Serena Hotels adds Sh3M to the #Kenyan4Kenya kitty

August 4, 2011

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Below is a release from Serena Hotels…..The staff have contributed Sh3 million to the #KenyansforKenya kitty.  Cheque to be presented tomorrow to the Kenya Red Cross Society TPS Serena Hotels and members of staff have today contributed a total of Sh. 3.0 Million towards the Kenyans for Kenya’ Initiative to alleviate the suffering of Kenyans […]