Browsing All Posts published on »August, 2012«

StarTimes for GTV and SmartTV subscribers

August 31, 2012


STARTIMES MEDIA TO THE RESCUE OF EX – GTV AND SMART TV SUBSCRIBERS …Company to replace the now obsolete decoders with StarTimes T2 decoders at no cost… Nairobi 30th August 2012: StarTimes Media has today initiated an aggressive decoder upgrade offer targeted at not only current StarTimes T1 decoder holders but also ex – GTV […]

Nestlé opens its first factory premises in Angola

August 10, 2012


Nestlé opens its first factory premises in Angola Nestlé reaffirms its commitment to Angola with a new CHF 16 million facility in Luanda Luanda- 8th August 2012 – Nestlé Angola Ltd, a subsidiary of Nestlé SA, today officially inaugurated the new factory premises of TOFA PRODUTOS ALIMENTARES E DE CONFEITARIA LIMITADA, first Nestlé factory in […]

New pr outfit comes calling..

August 9, 2012


New marketing services group formed Redhouse Group has announced the setting up of startups and JVs with existing firms to scale up and grow footprint Nairobi, August 9, 2012… A new local integrated marketing communication firm, Redhouse Group Limited has announced its entry into the Kenyan market. The Group which is the brainchild of local […]

Fitch Affirms Kenya at ‘B+’, Outlook Stable

August 6, 2012


Fitch Affirms Kenya at ‘B+’, Outlook Stable Ratings Endorsement Policy 06 Aug 2012 9:22 AM (EDT) Fitch Ratings-London-06 August 2012: Fitch Ratings has affirmed Kenya’s Long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ and local currency rating at ‘BB-‘ with Stable Outlooks. The agency has also affirmed the Short-term rating at ‘B’ and Country […]

CMA bans Njonjo, Muthoka, Kireini, Kemoli from listed firms

August 3, 2012


CMA TAKES STERN ACTION ON CMC HOLDINGS LTD PAST AND CURRENT DIRECTORS Nairobi August 3, 2012…The Capital Markets Authority (CMA) has taken enforcement action against the following executive and non- executive directors who were found to have flouted the capital markets legal and regulatory requirements in the matter of CMC Holdings Limited (CMCH). The Board […]

Kenya Airways announces a staff restructuring exercise

August 3, 2012


Press Release Kenya Airways announces a staff restructuring exercise Move meant to ensure long-term sustainability of the airline’s business August 3, 2012… National carrier Kenya Airways has announced the modalities of the staff rationalisation programme which will start with a Voluntary Early Retirement programme followed by a redundancy programme in a bid to streamline cost […]

Kisii, Rift Valley and Mount Kenya Bottlers to merge

August 2, 2012


THREE COCA-COLA BOTTLERS ANNOUNCE PLANS FOR JOINT OWNERSHIP   Nairobi, Kenya, 02 August, 2012 … Three Coca-Cola bottling companies- Kisii Bottlers, Mount Kenya Bottlers and Rift Valley Bottlers-today announced their intention to enter into a three-way reorganization of ownership, which will formally combine the shareholding and governance of all three companies into one newly created entity […]