Browsing All Posts published on »September, 2012«

CMC Holdings insists it still owns Land Rover franchise

September 6, 2012

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CMC still holds Jaguar Land Rover, Ford franchises in Kenya   September, 6th 2012….CMC Holdings Limited wishes to clarify that it still holds the exclusive franchises for Jaguar Land Rover and Ford in Kenya and Uganda contrary to recent reports published in sections of the local media. This position has been further reinforced by Jaguar […]

CBK takes the plunge with a deep rate cut!!

September 5, 2012

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  PRESS RELEASE   MONETARY POLICY COMMITTEE MEETING, 5TH SEPTEMBER, 2012   CONTINUING TO CONSOLIDATE MONETARY POLICY GAINS TO SUPPORT ECONOMIC ACTIVITY   The Monetary Policy Committee met on 5th September, 2012 to review market developments and evaluate the outcomes of its monetary policy stance. The Committee noted that the monetary policy stance continued to […]

Media Council, NHIF refuses to sign performance contracts

September 5, 2012

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Below is an excerpt  of  Francis Kimemia’s speech on government institutions that have disregarded performance contracts. The speech was delivered this morning at the 9th Cycle Performance Contracts held at theKICC. ……Of concern, Rt. Hon. Prime Minister, is the rising number of institutions that have disregarded the policy of the government to subscribe to and implement […]

Kenya Airways flags down 121 of 600 workers to be retrenched!

September 4, 2012

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Press Release For Immediate Release Kenya Airways announces successful completion of Voluntary Early Retire Programme and Staff rationalization Exercise Tuesday, September 4, 2012…National carrier, Kenya Airways today announced the completion of its staff rationalization programme that will see the airline save close to Sh1.2 billion annually in labour costs as it embarks on its ambitious […]