Browsing All Posts published on »August, 2012«

StarTimes for GTV and SmartTV subscribers

August 31, 2012

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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

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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

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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

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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

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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

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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

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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 […]