Daily Archives: June 25, 2013

MasterCard et EBC mettent en place l’accès au Paiement Mobile en Égypte

De droite à gauche : Michael Miebach, Président, Moyen-Orient et Afrique, MasterCard; Saeed El Hamli, PDG, Etisalat Egypte; Atef Helmy, Ministre des Communications et de la Technologie de l’Information; Amr Badawy, Président de la National Telecom Regulatory Authority (NTRA); Tarek Raouf, Président de la Egyptian Banks Company; Sherif Elwy, Vice Président de la National Bank of Egypt read more

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MasterCard and EBC introduce Egypt’s Mobile Payment Gateway

(R-L): Michael Miebach, President, Middle East and Africa, MasterCard; Eng. Saeed El Hamli, CEO, Etisalat Egypt; Eng. Atef Helmy, Minister of Communications and Information Technology; Amr Badawy, President of the National Telecom Regulatory Authority (NTRA); Tarek Raouf, Chairman, Egyptian Banks Company; Sherif Elwy, Vice Chairman, National Bank of Egypt read more

Posted in African News, Egypt News | Leave a comment

Coastu renews call for economic overhaul

vavi1 Coastu renews call for economic overhaul

Trade union federation Cosatu renewed its call for an overhaul of economic policy and institutions. read more

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Slashing Budget wrong

During the height of the one party excesses, the Executive had a simple way of blocking scrutiny: starve the oversight organs of resources and no finger would be raised.

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Peg teachers’ salaries on skills and performance

When public school teachers went on strike last year just one month to the commencement of national examinations, the Knut chairman Wilson Sossion said he felt the pain that parents went through since one of his children was also a candidate.

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Address staff shortage at audit office

The auditor-general recently lamented that his office was understaffed. He said that his staff were being poached by Class “A” parastatals.

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Malaba rail destination adds more value to Mombasa port than Kisumu

At a gas conference last week, Ugandan oilmen alerted Kenya that they will be importing as much as 800,000 metric tonnes of mainly equipment over the next few years as they enter the next phase of their oil production, export and refining development.

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Students sue law school for deregistration

Eight students have sued Kenya School of Law for deregistering them from the institution’s Advanced Training Programme.

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Telkom officials grilled on firm's performance

Telkom Kenya officials were Tuesday taken to task over the company’s continued dismal performance despite its privatisation six years ago which was expected to turn around its fortunes

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NHIF in fresh accreditation for health providers

The national medical insurer has adopted new quality assurance standards for health providers as it seeks to simplify evaluation process

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Kenya seeks Sh84bn for budget deficit

The government has set the stage to borrow over Sh84 billion from the international markets next year between the period January to June 2014 in order to help finance a Sh329 billion budget deficit

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Forex Market Indicative Rates for Major Currencies (Opening of Markets) on June 25, 2013

Currency Buy Sell Mean
US DOLLAR 85.9644 86.1561 86.0603
STG POUND 132.7373 133.0570 132.8970
EURO 112.7776 113.0544 112.9160
SA RAND 8.5510 8.5780 8.5645

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Bourse returns to the Exchange Bar

The Nairobi Securities Exchange on Tuesday made a nostalgic return to the Exchange Bar at the Stanley Hotel, where it last operated from more than two decades ago

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Gas drilling taints groundwater

Chemical analysis links methane in drinking wells to shale-gas extraction. read more

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