Category Archives: Uncategorized

Nairobi Kenya Jobs (May 5)

PR & communications officer at AAR – Africa Air Rescue. Apply to recruit@aar.co.ke by 15 May.

Senior lecturers at Aga Khan University Nairobi. Details here.

Research East Africa at Amnesty International, to be based in Kampala. Deadline is May 10 and apply online.

Care international
– Project officer – early childhood development
– Project officer – nutrition
Apply to hrmanager@care.or.ke by 19 May.

Senior Project Technical Specialist – Senior Consultant at ESD Ltd. Details here. and apply to camille@esd.co.uk by 12 May.

Federation of women lawyers/FIDA Kenya
– Senior program officer, rights team
– Assistant program officer, rights team
– Librarian/documentalist
– 2 counsellors
Apply to info@fida.co.ke by 17 May.

Haco industries
– Brand manager cleaning/hygiene
– Sales representative promotional writing instruments
– Inventory accountant
– Production supervisor (BIC)
– 3 Plane maintenance technicians
Apply to jobs@haco.co.ke by 19 May.

Huawei
– Service delivery manager
– Bidding engineer for technical support services
Apply to Kenya@huawei.com by 17 May.

K-Rep Bank
– Database & network administrator
– user support analyst
Apply to itjobs@k-repbank.com by 17 May.

Head of internal audit at Kenya Airports Authority. Apply through hawkins.associates@khigroup.com.

Managing director at Kenya Industrial Estates. Apply to the company secretary p o box 78029-00507 by 19 May.

Kenya Human Rights Commission
– institute coordinator
– senior program officer, research & advocacy
– programme officer advocacy
– 2 assistant program officers – outreach
– executive secretary
– office assistant/driver
Apply to the executive director KHRC p o box 41079-00100 Nairobi by 15 May.

Senior accountant at Nairobi Hospital. Apply to hrm@nbihosp.org by 15 May.

Corporate solutions advisers at Nairobinet online. Apply to hr@nbnet.co.ke by 12 May.

Oserian Flowers(Oserian development company)
– IT manager
– Management accountant
Apply to jobs@oserian.com by 19 May.

Also Oserian is seeking graduate trainees (aged under 27, with agricultural degrees and who are passionate about floriculture) to apply to jobs@oserian.com by 22 May.

Assets & Liabilities Committee (ALCO) Officer at Stanbic Kenya.

Head of marketing at UAP Insurance. Apply to recruit@adeptsystems.co.ke by 19 May.

Senior internal auditor at World vision. Apply to recruit_kenya@wvi.org by 17 May.

misuse of dividends

One stumbling to wealth accumulation by local retail investors is in the way they use their dividends.

While some companies and cooperative societies pay healthy dividends each year (or even each quarter), many investors use the cash to meet a variety of expenses – foodstuffs, school fees, credit cards, gifts, holidays – all except reinvestment in shares.

Dividend reinvestment is key instrument of accelerating investor returns. Without it, one’s investment only grows as a stock price appreciates or as one directly increases their investments.

The lag in time between dividend announcement and payments is probably a factor. Dividends arrive long after they have been forgotten about and provide an unexpected cash bonus in the middle of the year – and end up being used to meet urgent household bills e.g. most NSE firms pay 3 months after announcement ( and KCB is 4 months this year).

The financial cost of dividend payments by cheques is also expensive for both the companies (e.g. KQ will mail out almost 80,000 cheques a year) and investors (bank charges to clear cheques).

The new CDS system can help solve this problem in that dividend payments can be credited to one’s account – and then can be reinvested later in same stock or other company at the advice of a stockbroker. However, there have been some payment errors, and many investors may still prefer to see and verify their dividend cheques and then bank them and use the cash as they see fit.

the world economy at large

New media
The Economist takes a look at the relevance of blogs and other new media in the world today.

Oil wars
There’s a war of words between oil companies and car manufacturers over who is less greedy. Here, in a third world country overrun by small-engined, used Toyota cars, I have to side with car companies.

Wrong kind of exports
Kenyan should be processing and adding value to her products and not celebrate the export of rawlivestock and fish.

On the other hand, exporting Mercedes and BMW cars to America tends to violate the spirit of the AGOA partnership.

A dollar a day Part II

Banks want my google $
Trying to find a bank that will process my ad sense $100 cheque (worth approx 7,100 shillings) at a reasonable price. So far the outlook is mixed with several banks offering to collect my Citibank cheque for between 1500 and 3,500 shillings! So am now looking at the smaller banks which may be cheaper or asking google to alter my payment method so that I can retain at least 90% of my blog earnings.

New Bank
Kenya’s next bank will be Family Finance Building Society and it will operate as Family Bank Ltd after June 2006.

More SMS Banking
KCB is the latest bank to introduce SMS banking. KCB connect will offer 13 different transactions via mobile phone including mini-statements, account balances, cheque book requests, stop payment instructions and airtime top up for 25 shillings per transaction.

Better late than never
Two weeks after the Marsabit air crash, the Kenya Civil Aviation Authority has announced a tender for the supply, installation and commissioning of an air traffic craft control tower complex for Lokichoggio which is one of the busiest small aircraft airports in Kenya. Deadline for applications is June 8.

Leave Safaricom alone
Safaricom has asked companies to stop making enquiries and applications for their lucrative dealership business licences until after April 2007.

Reality check
The Nation’s new Thursday personal finance magazine has a
bar tracker feature today showing that for a Kenyan who consumes 25 bottles of beer a week (IMHO low) this all adds up to spending 130,000 shillings a year.

Africa Business has published its rankings of the 1,000 largest companies in Africa. The list is dominated by South Africa, Northern African, mining and oil companies and the largest Kenya Company , East African Breweries, is ranked at number 76 – with a market value of $1.22 billion.

April 7 Opportunities

Jobs
Beta health care
– area manager pharmaceuticals
– medical sales representatives
– veterinary sales representatives
– production supervisor (1)
Apply to jameskin@betacare.co.ke by April 12

Finance manager Coca Cola in Kisii. Apply to jobs@afr.ko.com by April 21.

procurement managers at East African Breweries
– marketing & growth support
– services/fleet/IS/logistics
– packaging & raw materials
Apply to hrrecruitment@eabl.com by April 21

Kenya Commercial Bank
– manager assets, personal banking
– manager liabilities, personal banking
– manager sales, personal banking
– retail manager
– manager, business banking
– business banker
– acquiring and supper manager
– manager customer care
– card product sales manager
Apply to the divisional director HR P O Box 48400-00100 by 24th April

Kenya Institute of Management
– assistant director member services
– assistant director branch services
– manager executive recruitment & selection
– public relations officer
Apply to kim@kim.ac.ke by April 18

Kenya Investment Authority formerly the investment promotion centre (IPC)
– managing director
– general manager investment promotion
– general manager investor services
– general manager research, policy advocacy and planning
– general manager legal & corporate affairs
– general manger finance & administration
Apply through Ernst & Young executive selection division at eyrecruit@ke.ey.com by 28 April. Applicants for all positions are expected to have master’s degrees and at least 10 years experience, 5 at senior management level.

Professionals at Kenya Police; details on all jobs here at the new Kenya Police website.
– pilots
– lawyers
– doctors (pathologists, psychiatrist, veterinary doctors)
– engineers (mechanical, electrical, civil, structural, telecommunication, computer)
– psychologists/counsellors
– educationists
– public relation practitioner
– criminologists
– forensic investigators

Managing director at Marshalls EA. Apply to marshallsmd@careerconnections.co.ke by April 25.

Customer care representatives at Safaricom as well as other jobs; details on all jobs here;
Other open positions include
– senior in-house counsel – commercial
– senior in-house counsel – property & general advisory
– transmission support engineer
– performance engineer
– SSS support engineer
– senior engineer – implementation & optimisation
– CNP&E engineer – design
– engineer – implementation & optimisation
– principal engineer roaming, IN-VAS interface & equipment power

scholarships
Japanese Government scholarships; Apply by May 11 and more details here.
– research student scholarships
– college of technology scholarships
– professional training college scholarships