Safaricom Shares Cautionary Announcement on Purchase of Essar Assets

SAFARICOM LIMITED

CAUTIONARY ANNOUNCEMENT

The Directors of Safaricom Limited (“Safaricom”) wish to advise its shareholders and the public that Safaricom has entered into discussions for the acquisition of some of the assets of Essar Telecommunication Kenya Limited.

The proposed transaction is subject to obtaining all necessary regulatory approvals and exemptions.

The proposed transaction may have an effect on the value of the shares of Safaricom.

Accordingly, shareholders and the public are advised to exercise caution in relying on the information in the public domain in relation to the transaction when dealing with the Safaricom shares.

BY ORDER OF THE BOARD

ENID MURIUKI (Mrs)

COMPANY SECRETARY

Makueni Governor Response to Auditor's Report on Misappropriation of County Funds

REPUBLIC OF KENYA
 

GOVERNMENT OF MAKUENI COUNTY A RESPONSE TO MEDIA REPORTS ON GOVERNMENT OF MAKUENI COUNTY AUDIT REPORT FOR THE PERIOD ENDING JUNE, 2013.

The Government of Makueni County has noted the Media Reports on its Audit Report for the period ended June, 2013 raising issues regarding the Financial Management of the Public Funds of the County.
 

In the public interest, the Government wishes to respond to the issues as follows:-
 

1. UNAUTHORIZED WITHDRAWAL OF FUNDS (KES 42,415,277) FROM THE REVENUE ACCOUNT.
 

The issue raised is that, the Government of Makueni County made bank withdrawals totalling Kes. 42, 415,277 from the County Revenue Account between the months of April and June, 2013, without the approval of the Controller of Budget, contrary to Section 16 (2) of the County Government Public Finance Management Transition Act, 2013.
 

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Could your idea be the next medical breakthrough?

Could your idea be the next medical breakthrough?
 

Trust In Science Is a research programme funded by GlaxoSmithKline, designed to build a sustainable, long-term scientific research base in Africa, to deliver medicines that are specific to patient needs in Africa. 

GSK invites medical scientists to submit high quality research proposals for review. 

Successful applicants will be given the opportunity to collaborate with GSK scientists and receive funding with the aim of delivering ground breaking scientific research.
 

Capital Markets Open Day (KICC, March 20th to 22nd 2014)

Capital Markets Open Day
 

Invitation to Participate in the Capital Markets Open Day Scheduled for March 20th to 22nd, 2014

The Authority, in partnership with capital markets industry stakeholders, is organizing a Capital Markets Open Day Exhibition to be held from 20th to 22nd March 2014 at the Kenyatta International Conference Center, Tsavo Ballroom. 

The event targets participants from the General Public, as well as the Business and Professional Community, within Nairobi and its environs.

The Objective of the Open Day is to create an enabling environment where current and potential investors and issuers may interact with the various capital market intermediaries to receive pertinent information that will assist them to make informed decision while participating in the capital markets industry.