Tuesday, June 14, 2005

FIRE Award

The financial reporting (FIRE) Award for excellence is a competition that seem to advance best case practices in corporate disclosure and governance. The award is promoted by the institute of certified public accountants, capital markets authority and Nairobi stock Exchange. More details can be acquired from Harrison Ng’ang’a at +254 20 8562011 or Harrison.nganga@icpak.com by Daily Nation, June 13, 2005

Textile firms get the nod on minimum wage

Textile manufacturers in the Export processing Zone saw two of their demands met by finance minister David Mwiraria. They wanted the government to cut the cost of ding business by reducing the minimum wage which forms the largest component in the industry. At present, Kenya’s average cost for unskilled workers is Kes 3420 pm while that of competitor suppliers china and India is Kes 2660. by Daily Nation, June 13, 2005

Energy Management Award

Electricity Regulatory Board executive chairman Metere Keriri presents 25 certificates to business media development institute chairman Ochieng Oloo. The certificates will go to the institutes’ members who participated in a recent workshop on Energy Management and its impacts on business hosted by GEF-KAM industrial Energy efficiency Project. By Daily Nation, June 13, 2005

KPLC Project’s effect on community

KPLC is installing three phase commercial power to a project in our area. The power lines pass through our plots. They brought us forms to sign and promised to compensate us later, without quantifying the damage meted on our crops and trees. Some installed cables pass over structures. By Isaac. By Daily Nation, June 13, 2005

When Power company lost case on employee safety.

John Joel Koskei Vs KPLC Ltd (2005)
Kenya Power and Lighting Company was sued by John Joel Koskei whom it had employed as a meter reader. On November 23, 1993, on the course of duty, he was involved in an accident along Nakuru-Njoro Road. He sued KPLC for negligence and breach of contract of his statutory tenure of employment. His Award is estimated at Kes 1,700,000. by Daily Nation, June 13, 2005