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2 items tagged "alvaro"

• December 03, 2008
• 6:46

  Pepsi to Kenya?

   » ‎ bankelele

  Tags:  alvaro  

  . Nairumour that after an absence of many years, Pepsi will re-enter the Kenyan market in the near future to resume battle with Coca Cola, possibly through their South African partners. If so, it will cap a great year for investment to the country, and that despite 2008 being a relatively tough year for investors and companies, with the post-election violence, business disruption, high fuel and energy prices, depressed consumer spending, P & P madness (pirates and politicians) collapsing stockbrokers, there was a steady flow of new investments and new products that happened this year.
  
  Re-cap of some notable ones
  
  Banking
  - Takeovers concluded - Ecobank take over of EABS, and Stanbic merger with CFC (now CFCStanbic)
  - UBA licensed (2009)
  - Gulf African and First Community (Shariah banking kicks off)
  
  Beverages
  - Summit Lager a new beer from Keroche Industries
  - East African Breweries launched Alvaro (malted soft drink)
  - Coca Cola launched Novidia (another malted soft drink) and also started selling Minute maid
  - KETEPA launched Safari Iced Tea
  
  Communications
  - WPP buys into Scangroup
  - 2008 saw the launch of two new mobile operators - Orange (France Telkom) and Yu (Essar/Econet) to battle Safaricom and a re-energized Zain
  - Altech buys into KDN
  - A long-running fight over one(EASSY)submarine cable, gave birth to three different ones being laid to Mombasa
  - Wananchi launched Zuku (TV, Broadband, Phone)
  
  Transport, Energy & Manufacturing
  - Tiger brands buying into Haco
  - An investment in the Kenya Oil Refinery at Mombasa was still under battle between Libyan and Indian Investors
  - Jinchuan (China) to bail out Tiomin?
  - Mirambo and PD Toll to salvage the Rift Valley Railways
  - Delta Airlines (USA - but postponed to 2009)
  - Air Arabia started flights to Kenya
  
  Tourism
  - Libyans took over the Grand (Laico) Regency
  - The Tribe opens.
  
  Exits
  - Chevron (Caltex) sold out – bought by Total
  - Unilever (de-listing from the NSE)
  - Roy Puffet from rift Valley Railways
• November 11, 2008
• 23:04

  Kutwa Tuesday: Sam’s Kids

   » ‎ bankelele

  Tags:  alvaro  

  
  They may be called Barack, Michelle, Obama, or other creative names, but many of these new kids born and given fabulous American
  baby Obama names were conceived as a result of Uncle Sam’s bungled election debacle in December 2007.
  
  
  Opportunities
  
  Airbus University Challenge: the Airbus
  Fly Your Ideas challenge is open to university students around the world with ideas on the future of aviation and improving its environmental position. Prizes are €30,000 and deadline is 1st December 2008
  
  Georgetown Fellowships Apply for the Georgetown University Law Center’s Global Health Law Fellowship Program. D/L is February 16 2009
  
  Kenya Content Conference Tandaa 08 a local content conference sponsored by the Kenya ICT Board takes place on November 14 2008.
  
  Kenya’s Top Women The Business Daily invites you to nominate Kenya’s Top 40 women under 40. send their names, contracts and reasons why they are worthy (in less than 500 words) to top40under40@nation.co.ke by 30th November
  
  Government of Kenya jobs:
  - Judiciary 25 resident magistrates. D/L 21/11
  - Electoral commission of Kenya – 39 district election coordinators
  
  Biz brief’s
  
  Co-Op IPO: is 1/3 of the way to target with just 3 days to go optimistic about the Co-Op IPO. transaction advisers have now released cash flow and share price projections that should have been in the Co-Op Prospectus. what happens if they fall short – will D&B pay C-op for the shortfall? Is there a last minute investor who will get preferential terms to bridge the gap? The prospectus states that in the event that this minimum amount is not attained, approval may be sought from the Authority to proceed with the listing of the existing shares and any Offer Shares that are subscribed under the Offer.
  
  I got an SMS (as did other Co-op customers) inviting me to take part, but the application desks/tents still look rather forlorn
  
  Equity - HF: November 4 was not just Obama day, but also the date when the Housing Finance and Equity Bank deals should have been completed
  
  Foreign Investors Tough times for the former Rift Valley Railways and Tiomin who continue to flounder: Tiomin’s latest statement notes. …. the Government of Kenya has not completed the remaining bureaucratic steps required for the transaction to close…..Tiomin's management shares our investors' extreme frustration at this unreasonable delay….. Tiomin has acted in good faith and we are very disappointed….. If the closing continues to be delayed, we will consider terminating the MOU on the grounds of unreasonable delay….. Tiomin will issue another press release when further material information is available. Pity they have no local defenders
  
  Geothermal prospects : two companies are scoping in Eburu (gilgil) and Menengai for geothermal energy
  
  Brew turf Coca Cola launch minute maid juices in Kenya (what happens to 5 alive) as EABL launch Alvaro in Uganda
  
  Sat-TV: DSTV will launch pre-paid scratch cards, following in the footsteps of rival GTV who are reaping from the ongoing English premier league
  
  Insurance by M-Pesa: Madison Insurance now accepting insurance installment payments by M-Pesa following Old Mutual, which enabled investment, plan payments
  
  Radio Standard Group prematurely possible radio investment worth Kshs 250 million as KISS FM parent Radio Africa rolls out their 4th radio station – XFM (rock music)