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MEDIA STATEMENT BY SAFARICOM ON TARIFF ADJUSTMENT- ISSUED ON SEPTEMBER 30, 2011 As you are no doubt aware, our country Kenya is facing one of its most difficult and challenging economic situations in recent years. The overall rate of inflation now stands at 17.32% for September, the highest it has been since 2008 and the […]
September 30, 2011
Unilever’s “Surprisingly Lifebuoy Campaign” is the winner of the Global SABRE award in the Consumer Marketing/Existing Product category. The campaign, Surprisingly Lifebuoy, was implemented by leading public relations agency Apex Communications Ltd for Unilever to support the re-launch of the soap under a new positioning. Key highlights of the campaign were the launch of the […]
September 29, 2011
PRESS STATEMENT FROM PM ODINGA’S OFFICE The Prime Minister today called a high level meeting involving key government institutions including the Office of the President, Treasury, The Central Bank of Kenya, The Ministry of Planning, National Development and Vision 2030, the Kenya National Bureau of Statistics and the Vision 2030 Secretariat to address the current […]
September 27, 2011
PRESS RELEASE SUPPORTING CORPORATE DEMAND FOR FOREIGN EXCHANGE TO EASE EXCHANGE RATE PRESSURE The Central Bank of Kenya has been taking action in an effort to moderate the rate of the weakening of the Kenya Shilling by selling foreign exchange directly to commercial banks. However, this has not achieved the desired objective due to lack […]
September 27, 2011
Shares of CMC Holdings have been suspended for a further three months. The suspension by the Capital Markets Authority came after the lapse of the initial seven days. A statement from the regulator says ‘the extended suspension period is expected to facilitate ongoing investigations by CMA of allegations relating to CMC Holdings’ This means that […]
September 17, 2011
Kenya Airways Chief Operating Officer Mr Bram Steller leaves the company at the end of the month to join Air Seychelles. Mr Steller, who has been with the company since 2008 will be the new Chief Executive Officer of Air Seychelles following a recent restructuring. At Kenya Airways, Mr Steller had his hands full overseeing […]
September 14, 2011
Mr James Mworia, Kenyan, CEO, Centum Investments and Dr Gachao Kiuna, CEO TransCentury are among the top 10 young power men in the continent according to Forbes. The lust has among other Congo DR president Joseph Kabila and Julius Malema, President Youth League of South Africa’s ruling Action National Congress (ANC) According to Mfonobong Nsehe, a […]
September 13, 2011
Two Kenyan applications are among the three winners of the Google Sub-Saharan Africa Android Developer Challenge. The two, Olalashe and Shoppers’ Delight were chosen from hundreds of developers in Sub-Saharan Africa who submitted applications across three broad categories. These were apps related to entertainment, media and games; apps related to social networking and communication; […]
September 9, 2011
Multichoice Kenya is set to launch a new pay tv company to comply with the Digital Terrestrial TV Broadcasting. The company to be called GOTv will offer two bouquets to subscribers; GoTvplus with 32 channels and GoTv with 26 channels. The channels are however similar to what they offer currently but wl only feature Sports […]
September 8, 2011
Below is a press release as received by Bizextras, read on… PRESS RELEASE FOR IMMEDIATE RELEASE Nairobi – September 8, 2011- Kenya Private Sector Alliance (KEPSA) today signed a contract agreement with the Kenya Institute of Management (KIM) to train youth interns under the Kenya Youth Empowerment Project (KYEP). The ceremony was presided over by […]
Bizextras 
September 30, 2011
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