July 26th, 2010 by admin
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Have you ever heard of a miracle where a plane lands with an extra passenger, to the jubilation of both crew and passengers?
Well it has happened.
Maybe she will be a pilot when she grows up or for how else can you explain that she was born in a plane?
It rarely happens. Mother goes into labour pains while on air and fifteen minutes after the plane touches down, she gives birth to a bouncing baby girl. Amazing.
A Kenya Airways in-flight crew delivered a baby girl on board a flight that had just landed from Muscat, Oman in Nairobi on Thursday last week. » Read more: Kenya: Babygirl born aboard KQ plane
July 21st, 2010 by admin
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The story at a glance
-The regulation to curb money laundering is as old as late 70s in most developed countries.
-Bank experts will on Thursday meet at Nairobi’s Norfolk hotel to share experiences on anti-money laundering technologies
-The International Monetary Fund puts the aggregate size of money laundering in the world between $725 billion (Sh56.5 trillion) and $1.8 trillion (Sh140.4 trillion).
-The fraud is effected by passing the proceedings secretly through legitimate business channels by means of bank deposits, investments, or transfers from one place (or person) to another.
Kenya now has a new law on anti-money laundering
-Under the new law, those found guilty of the offense of money laundering will serve a jail term not exceeding seven years, or a fine not exceeding Sh2.5 million, or both.
BY JAMES RATEMO IN NAIROBI
Kenyan banks have been urged to employ latest technology to fight money laundering.
Speaking ahead of an Anti-money laundering conference scheduled for Thursday in Nairobi, Infrasoft Technologies Limited Managing Director, Hanuman Tripathi said human labour alone cannot detect the many often-veiled suspicious transactions in banks. » Read more: Kenya: Technology can curb money laundering-Infrasoft tells Banks
June 28th, 2010 by admin
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Well this a Kenyan’s confession of what the city council askaris can make you go through.
Be updated on the latest by-laws that could see you land in court for crossing the road carelessly or spitting or sitting on flower pots etc
Below is a summary of the newly introduced bylaw which we are all expected to adhere to:-
§ Pedestrians crossing the roads in Nairobi when traffic light is red – fine is Kshs. 10,000/=
§ Motorist moving on when the traffic light is red – fine Kshs 10,000/=
§ Pedestrians crossing the road while talking on their mobile phones – fine is Kshs. 500/=
§ Boarding at non designated PSV/matatu, bus stop – Fine 10,000/=
§ Unfastened seat belt – Fine 500/=
§ Use of mobile phone when driving Kshs10,000/=
§ Driving with worn out tyres – Fine Kshs 10,000/=
§ Double parking -Fine Kshs 20,000/= » Read more: Beware! City askaris are after you for petty crimes-Painful indeed
June 23rd, 2010 by admin
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How Government lost the sh75million Fifa Worldcup deal
BY JAMES RATEMO IN NAIROBI
The Government has lost opportunity to recover sh75 million it spent to buy into broadcasting rights of the ongoing Fifa 2010 World cup due to alleged impropriety by the Kenya Broadcasting Corporation officials.
The deal has already seen KBC MD David Waweru and Company Secretary, Hezekiel Oira suspended with the Inspectorate of State Corporations called in to investigate.
Mr. Waithaka Waihenya, KBC’s Editor-In-Chief, has taken over as acting Managing Director. » Read more: KBC MD Suspended due to sh75million Fifa deal loss
June 3rd, 2010 by admin
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BY JAMES RATEMO
“It is the right people with the right passion and right attitude that has brought Nokia this far,” says a confident Rick Simonson, the Executive Vice President at the leading mobile phone manufacturer.
Tall and focused, Simonson has been a top executive at Nokia for nine years and is keen to keep the winning culture at the company which has maintained a leading position in phone manufacture. » Read more: Kenya: Nokia Executive Vice President, Rick Simonson shares his wisdom in leadership and Nokia’s vision for Africa
June 3rd, 2010 by admin
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BY JAMES RATEMO
Leading mobile phone manufacturer has finally unveiled her first dual sim handsets for the global market.
In the global launch in Nairobi yesterday, Nokia also unveiled an eco-friendly bicycle charger to serve markets off the electricity grid, especially rural Africa and Asia. » Read more: Nokia keen to tighten grip in African Market
June 1st, 2010 by admin
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As the global digital content is set to grow at a rate of between 6 and 10 percent by the end of this year, the Kenya ICT Board is set to announce on Wednesday the launch of its Sh 320 Million grant to promote the development of relevant digital content and software.
» Read more: Kenya: $4Million Grant for Local Content Development
May 27th, 2010 by admin
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Ministry to review contested regulations in three weeks
BY JAMES RATEMO
The Kenya Government has stopped enforcement of the contentious regulations recently published by the Communication Commission of Kenya (CCK) for three weeks. » Read more: Kenya: Ministry to review contested regulations in three weeks
May 24th, 2010 by admin
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BY JAMES RATEMO
Fixed line telephony is headed for a major comeback following establishment of fibre optic cables across the region.
In a new analysis from Frost & Sullivan, a research company, earnings from fixed-line telecommunications market in sub-Saharan Africa is estimated to reach reach $12.25 billion in 2015 up from $6.78 billion in 2008.
And the International consulting firm Global Insight has compiled the latest world statistics on trade in ICT.
The statistics, availed at the on-going World Congress in Information Technology in Amsterdam indicate that Kenya is ranked 6th out of 9 African countries surveyed with cumulative ICT spending in 2008 of US$2,175.6m. » Read more: Africa: Fibre Optic Cables Will Drive the Fixed-line Telecoms in sub-Saharan Africa- Frost & Sullivan
