Pages

  • who cares

    Jaguar Seen driving in and out of State House without going through the Thorough Security Check.

  • Juliani and brenda are back

    After months of separation, showbiz power couple Juliani and Brenda Wairimu are back together.

  • SEXY

    Halima Abubakar believes she has one of the biggest stuffs, no matter what anyone thinks. Check out more...

  • Rides

    One of the actresses who can afford a classy car is Celina whose choice mode of transport is a turquoise blue Mercedes which she named ‘Lulu’.

  • Samuel Eto'o eyes Arsenal transfer

    Samuel Eto'o wants to join Arsenal this summer - to prove Jose Mourinho wrong. Eto’o’s representatives have made overtures to Arsenal to alert them about the Cameroon striker’s availability as a free agent.

Showing posts with label BUSINESS. Show all posts
Showing posts with label BUSINESS. Show all posts

We are coming, UN says about Al-shabaab to Nairobi Kenya Residents

Sunday, 22 June 2014 0 comments

image

based in
Nairobi has warned of a looming
terror attack in Nairobi which will
target specifically overcrowded
places, malls and places renowned
to be frequented by foreigners
warning its staff to keep off those
places for their safety.
The UN Intel office specifically
pointed Yaya Centre, Junction Mall
and Hurlingham in Nairobi as the
major targets.
This warning has come when Kenya
witnessed the second most deadly
attack (since Westgate) in
Mpeketoni, Lamu County which left
more than 60 people dead and
hundreds displaced.
Earlier, Al-Shabaab had warned
tourists planning to visit Kenya to
cancel their visits or risk putting
their lives in jeopardy of terror
attack. They urged the government
to remove their troops in Somalia
as long as they want to enjoy
peace.
Earlier, the President dismissed
claims by Al-Shabaab that they are
responsible for the attack terming
the attacks as well orchestrated
and planned by politicians for
their egocentric gains, a statement
that was dismissed by CORD
leader, Raila Odinga.

Airlines crisis looms over jet fuel shortage

Sunday, 15 June 2014 1 comments

The aviation industry in Kenya and
Uganda is staring at a crisis that
could cost the two countries
millions of shillings due to a
looming jet fuel shortage.
The Nation has established that
Kencor, the oil marketing company
awarded the tender to deliver jet
fuel known as Jet A1 between
June 12 and 14, has failed to do
so.
This was after it encountered
problems at the port of loading.
The bad news was broken to oil
firms last Tuesday, during an oil
industry vessel scheduling
committee meeting.
This has angered players in the
industry and they are demanding
answers from the Ministry of
Energy. The oil marketers said jet
fuel stocks in the country are
critically low and can only last
until June 23.
By last Tuesday, they noted, the
Kencor vessel that was to deliver
jet fuel before the end of the week
had not completed loading. The
company has been forced to seek
alternative supply from another
vessel.
The Kenya Pipeline Company (KPC)
has warned that airports in Kenya
and Uganda face a crisis unless
they receive jet fuel by Wednesday
— five days before the anticipated
run out date.
Energy and Petroleum Principal
Secretary Joseph Njoroge
confirmed the delay but noted that
alternative plans had been put in
place.
“We ordered for another tender
and the fresh consignment of Jet
A1 aviation fuel will arrive
between June 18-20. We have
brought the situation under
control, no need to panic,” he said.
He said there was 10 days fuel
stock in Nairobi and 18 days at the
Moi International Airport in
Mombasa.
Oil marketers have now proposed
mandatory execution of a
performance bond for any bidder
to provide security for the
importers and act as a deterrence
against negligence.

Radio Africa Offers to Buy Ghafla for Ksh 5 Million after Buying into TRINC for Ksh 3 Million

Monday, 9 June 2014 0 comments

Radio Africa is reported to be in
serious talks to buy Ghafla. Already,
the Group CEO Patrick Quarcoo has
offered Ksh 5 million for 90% stake
in Ghafla. This offer was like an
insult to the Ghafla founder and his
88mph investors according to people
close to Ghafla.
Ghafla founders and investors
demanded nothing less than Ksh
100 million. This came immediately
after RAL bought 60% stake in
digital media agency TRINC Media
for a paltry Ksh 3 million.
According to documents in our
possession including quartely
reports, PQ bought 20% for himself
and had RAL pump in money to buy
40% of TRINC Media. Sebastian
Wafula maintains the other 40%,
some in trust for an unnamed
investor.
Radio Africa is very desperate to
make an entry dominate the web
and digital TV as they plan to still
be the group which is youth friendly.
They have ditched plans to start
their own Ghafla clone
www.shambamba.com but this plan
might not be off the table as the
group is also contemplating
poaching all Ghafla bloggers and
leaving Samuel Majani to start from
scratch. Many bloggers at Ghafla are
already getting more favours and
leads from Radio Africa that they are
really suspicious that the PQ
employees are up to something.
Caroline Mutoko has tried to show
Ghafla owners and writers favours
through show invitation and lunch
meetings. Others like Shaffie and
Maina Kageni are also giving Ghafla
all kinds of favours.

MAJANI

image

kenyatta university administration complex - shinekenya NEWS

Saturday, 7 June 2014 0 comments

When you come to Kenyatta
University, you discover that you
have arrived at a special place. The
University’s main campus is set on a
1,100 acres pleasant and serene
surrounding conducive to academic
and intellectual growth.
Kenyatta University is home to some
of the world’s top scholars,
researchers and experts in diverse
fields. We pride ourselves in
providing high quality programmes
that attract individuals who wish to
be globally competitive.
And we have invested heavily in
infrastructure and facilities to offer
our students the best experience
coupled with quality academic
programmes and a nurturing
environment in which our students
learn and grow. Kenyatta University
is the leading University in Kenya
judging by the quality of our
graduates. Our aim is not only to
maintain this position, but to
improve further and attain its vision
of becoming a world-class University
committed to quality and relevance.

image

Samsung Galaxy 5, Flagship Done- Sales Have Gone Worldwide

Thursday, 5 June 2014 0 comments

The latest version of Samsung’s flagship Galaxy smartphone series went on sale worldwide Friday, days after the electronics giant announced it was facing a second consecutive quarter of profit decline.
The Galaxy S5 has a lot riding on it to steer the South Korean firm’s profit-making machine back on track as growth in smartphone sales slows, with mature markets like North America and Europe near saturation.
Reviews of the S5 have mostly concluded that it is one of the best high-end smartphones on the market, but there is also a general consensus that it lacks the “wow” factor to differentiate it from its predecessors and competitors
“It can swim, but it won’t make any waves,” was the verdict of the Wall Street Journal, referring to one innovation in the S5′s waterproof covering.
Galaxy s5
Samsung’s mobile unit has been the driving force behind the record profits of recent years, and it needs the S5 to perform well as a retort to the doom-mongers who say the company lacks a clear strategy to flourish in an increasingly competitive, saturated market.
Samsung made more than 30 percent of all smartphones sold in the world last year, nearly twice the share of its arch-rival Apple. But on Tuesday, the company estimated its first quarter operating profit at 8.4 trillion won ($7.96 billion), marking a second straight year-on-year decline.
In a sign of the challenge the company faces, the S5 was priced lower at its commercial launch Friday than the previous S4 model.
Research firm IDC estimated the average selling price of smartphones will fall to $265 globally by 2017 from $337 in 2013 and $387 in 2012.

Google’s new car: No steering wheel, no brake pads, no gas pedals

0 comments

Google hopes to have 100 prototypes of its car on the streets by early next year.


LOS ANGELES—Google will build a car without a steering wheel.
It doesn’t need one because it drives itself.
The two-seater won’t be sold publicly, but Google said Tuesday it hopes by this time next year, 100 prototypes will be on public roads. They won’t be driving fast, though — the top speed would be 40 km/h.
The cars are a natural next step for Google, which already has driven hundreds of thousands of miles in California with Lexus SUVs and Toyota Priuses outfitted with a combination of sensors and computers.
Those cars have Google-employed “safety drivers” behind the wheel in case of emergency. The new cars would eliminate the driver from the task of driving.
No steering wheel, no brake and gas pedals. Instead, buttons for go and stop.

“It reminded me of catching a chairlift by yourself, a bit of solitude I found really enjoyable,” Sergey Brin, co-founder of Google, told a Southern California tech conference Tuesday evening of his first ride, according to a transcript. The electric-powered car is compact and bubble-shaped — something that might move people around a corporate campus or congested downtown.
Google is unlikely to go deeply into auto manufacturing. In unveiling the prototype, the company emphasized partnering with other firms.
The biggest obstacle could be the law.
Test versions will have a wheel and pedals, because they must under California regulations.
Google hopes to build the 100 prototypes late this year or early next and use them in a to-be-determined “pilot program,” spokeswoman Courtney Hohne said. Meanwhile, by the end of this year, California’s Department of Motor Vehicles (DMV) must write regulations for the “operational” use of truly driverless cars.
The DMV had thought that reality was several years away, so it would have time to perfect the rules.
That clock just sped up, said the head of the DMV’s driverless car program, Bernard Soriano.
“Because of what is potentially out there soon, we need to make sure that the regulations are in place that would keep the public safe but would not impede progress,” Soriano said.

Libya is dying, and black Africans don’t give a damn

Wednesday, 4 June 2014 0 comments

Terrible things are happening in the Arab North, and the rest of Africa south of the Sahara desert, aka sub-Saharan Africa, doesn’t seem to be interested or bothered.
The biggest mess is happening in Libya.
To begin with, it is no longer clear who is in charge in Libya. In a chaotic session, the interim parliament, the General National Congress, a few days ago elected businessman Ahmed Miitig as the new prime minister. The dozens of militias in Libya have rejected Miitig.
Then the other day gunmen attacked his home. He escaped unhurt.
The old premier, Abdullah al-Thani, who at first looked like he would leave and allow Miitig to rule, has now changed his mind and decided to linger as PM.
Enter rogue former general Khalif Haftar. He has raised a formidable army and is launching attacks on Islamists groups all over the country, most intensely in Benghazi. He even has a private air force.
The place is falling apart. There are probably more weapons and bombs in Libya than people, in the inevitable crisis that has followed the grim end of Muammar Gaddafi’s rule two years ago.
Hundreds of people have been killed. The country is broke, and things are getting worse by the day. The US has cut and run, telling its citizens to leave.
In neighbouring, more peaceful Tunisia, there is reason to be nervous. A few days ago, four Tunisian police officers were killed in what authorities called a “terrorist” attack on the home of Interior Minister Lotfi Ben Jeddou.
Since late 2012, security forces have been battling dozens of militants hiding out in the remote Mount Chaambi region. Authorities say the militants are linked to Al Qaeda.
We know Egypt and the Egyptians better. They drink our water from the Nile. We play football with them, and their elections are similar to ours. At the start the week, they held a presidential election.
Former military chief Field Marshal Abdul Fattah al-Sisi won it handily. Remember, last July, Sisi overthrew the democratically elected president of Egypt, the Muslim Brotherhood’s Mohamed Morsy.
He jailed him, and the worst political violence in recent Egyptian history followed. Anyway, Sisi put the election machinery together, retired from the army, stood and won the vote.
That is very familiar in the rest of Africa. We understand that.
If Libya, or pre-Sisi Egypt, were elsewhere in Africa, we would have pressured the African Union to send a peacekeeping force there. So why don’t we?

Tuskys and Ukwala fined Sh5mn for anticompetitive practices

Tuesday, 3 June 2014 0 comments

Tusker Mattresses and Ukwala
supermarkets have been fined
Sh5.3 million for engaging in anti
competitive practices by the
Competition Authority of Kenya.
In a press statement the Authority
stated that after investigation the
two supermarkets who are
competitors were found to have an
arrangement that involves price
fixing and behaviours that either
controls production, limits market
outlets or access which are in
contravention to section 21 of the
Competition act.
"The Competition Authority of
Kenya has imposed a financial
penalty of Sh5.3mn to Tusker
Mattresses Limited (TML) and
Ukwala Supermarkets Limited
(USL) for engaging in a horizontal
restrictive trade practice," said the
authority in a statement to
newsrooms.
The supermarkets entered into an
agreement in March 26 2013 to
have three branches of Ukwala
Supermarkets managed by Tusker
Mattresses for nine months.
The arrangement is said to have
cost Tusker Mattresses up to Sh200
million in the arrangement. ‘The
Arrangement would involve Tusker
Mattresses making decisions on
acquisition of stock, setting prices,
payroll management, staff re-
organization, deployment of
technology, rebranding, settling any
third party costs of the three
stores and generally put Tusker
Mattresses’ senior Managers in
charge of the day to day
management of the stores.’
The two chain stores complied with
the verdict and paid the amount in
full last week.

Tuskys and Ukwala fined Sh5mn for anticompetitive practices

0 comments

Tusker Mattresses and Ukwala
supermarkets have been fined
Sh5.3 million for engaging in anti
competitive practices by the
Competition Authority of Kenya.
In a press statement the Authority
stated that after investigation the
two supermarkets who are
competitors were found to have an
arrangement that involves price
fixing and behaviours that either
controls production, limits market
outlets or access which are in
contravention to section 21 of the
Competition act.
"The Competition Authority of
Kenya has imposed a financial
penalty of Sh5.3mn to Tusker
Mattresses Limited (TML) and
Ukwala Supermarkets Limited
(USL) for engaging in a horizontal
restrictive trade practice," said the
authority in a statement to
newsrooms.
The supermarkets entered into an
agreement in March 26 2013 to
have three branches of Ukwala
Supermarkets managed by Tusker
Mattresses for nine months.
The arrangement is said to have
cost Tusker Mattresses up to Sh200
million in the arrangement. ‘The
Arrangement would involve Tusker
Mattresses making decisions on
acquisition of stock, setting prices,
payroll management, staff re-
organization, deployment of
technology, rebranding, settling any
third party costs of the three
stores and generally put Tusker
Mattresses’ senior Managers in
charge of the day to day
management of the stores.’
The two chain stores complied with
the verdict and paid the amount in
full last week.

 
Shinekenya © 2014 Designed by Madebe ,