Dedicated to AfroM who says I don’t work on weekends
The Nation gives a peek at a damning report on the over-staffed and under-performing employees at the Central Bank of Kenya.
Charterhouse Bank management denied that they were involved in money laundering and claimed that accusations were meant to distract from the problems at the Central Bank.
Auditors of the collapsed Trust Bank will be sued for fraud by the former depositors.
An IFC report on the Ugandan banking sector.
The Ministry of Trade & Industry has published a handbook on importing and exporting in Kenya.
– The airline is offering Mombasa residents cheap tickets to fill seats, likely to be empty over the Easter weekend. There are so many coast holiday packages between the airline and Mombasa hotels resulting in full flights, and probably requiring extra & larger aircraft, to Mombasa before Easter and from Mombasa after Easter. So the airline is selling seats for 2,500 shillings (about ½ price) to Nairobi before Easter and to Mombasa after Easter
– The airline also offers automatic 10% discounts for tickets booked through its website (bypassing travel agents & their commissions)
– KQ will codeshare with Korean Air on the Seoul – Bangkok – Nairobi route effective April 20. (From African Flyer)
Parliament will unveil a new website next Thursday, minus 7 MP biographies.
ABM AMRO economists make predictions about the World Cup showing Brazil are likely to win, but an Italian win would be best for the world economy.
Tiomin will buy a 20% Net Profit Interest Royalty (“NPI Royalty”) that Pangea Goldfields holds on the mineral sands exploration licenses of Kwale, Kilifi, Vipingo, and Mambrui in Kenya.
The Communications Commission of Kenya (CCK) will simplify the licensing process by combining three different licenses: VSAT, internet backbone & gateway, and public data network operator (PDNO) & international data gateway into one data carrier network operator (DCNO).