Nation writer Jaindi Kisero links the strong Kenya shilling to increased activity at the Nairobi Stock Exchange. Following the on-going Uchumi rights will be new issues from Celtel, Shelter Afrique, Athi River Mining and Kengen.
The East African reported that institutional investors may shun the upcoming Kengen IPO, unless the company signs a firm power purchase with the Kenya Power & Lighting Company (KPLC), its only customer, that will guarantee future revenue streams.
Friday 23/9 will see the inaugural lunch of the new Institute of Directors of Kenya (IODK) at the Grand Regency Hotel. Guest speaker will be Mr. Sunny Bindra, consultant, and Sunday Nation writer. Contact: e-mail or 4440003/4443230
In a paid advert this week, the Nairobi Stock Exchange listed the simple steps required for a shareholder to take if he/she wished to transfer their share account to a different broker – this followed complaints that some have experienced difficulty with certain brokers.
The Standard reported that Kenya Airways will start a weekly B777 flight from Heathrow to Mombasa (via Nairobi) enabling tourists to deal with customs and immigration issues in Mombasa.
Jobs for NYS
Vice President Moody Awori sent out an appeal for companies to employ recent graduates of the National Youth Service (NYS) who have excellent technical and engineering skills.
If you ever wanted to start a blog, or have questions about it, Global Voices reported on the “Reporters Without Borders Handbook for Bloggers and Cyber-Dissidents” handbook. PDF available here
Classic cars: Celtel East Africa Concours d’Elegance on Sunday 25th at the Nairobi Racecourse.
Book fair: at the Sarit Center from 21st to 25th September.
Saturday 24 September
14:15 – 17:00 SS3 FA Premiership:: Birmingham vs Liverpool
17:00 – 19:00 SS7 FA Premiership:: Chelsea vs Aston Villa or West Ham vs Arsenal or Man Utd vs Blackburn
19:00 – 21:30 SS3 FA Premiership:: Bolton vs Portsmouth
19:00 – 20:00 SS2 Formula One: Brazilian Qualifying
22:45 – 01:00 SS7 La Liga:: Betis vs Barcelona
Sunday 25 September
04:00 – 07:00 SS1 IBF Heavyweight Eliminator – Wladimiro Klitschko vs Samuel Peter
17:30 – 20:15 SS3 FA Premiership:: Boro vs Sunderland
17:45 – 20:00 SS7 La Liga:: Alaves vs Real Madrid
19:30 – 22:00 SS2 Formula One: Brazilian Main Race