1. Brokers face legal challenge in quest for a bigger share of NSE 

Stockbrokers at the NSE are facing a major legal hurdle in their quest to grab a bigger share of the bourse with the planned change of ownership next year.

The brokers, who have been pushing to limit the government’s stake in the market to a maximum of five per cent, are facing the prospect of a delayed transition from a mutually owned entity to a limited liability company or a complete stalling of the process.

 2.       NHIF revenues to reach KES 36 billion in 3 years

Health agencies project that the NHIF members’ contributions will hit Sh21.4 billion this year and rise sharply to Sh36.4 billion in 2015/16, according to a new policy document.

New members drawn from the formal sector are expected to drive the growth.

 3.       Watamu and Diani beaches ranked among the best in Africa

Watamu and Diani beaches have been ranked among the best three out of 25 in Africa.

The latest industry ranking by US-based Cable News Network’s (CNN) Travel Magazine places Watamu and Diani second and third after Egypt’s Sharm el-Sheikh beach.

 4.       IFC calls on African States to broaden their tax net

The International Finance Corporation (IFC) has urged African states to broaden their tax nets in order to increase government’s capacity to fund development.

The IFC’s visiting Director of Investment Climate Pierre Guislain told journalists in Nairobi that the tax burden in many of the countries currently falls on few individuals and corporations.

 5.       Ministers deny EAC boss more power on budget

A proposal to grant the East African Community secretary-general more powers to run the bloc’s budget was rejected last week as officials chose to maintain the status quo.

Ministers in charge of East African Community (EAC) affairs in each of the five partner states disagreed with the push saying that it would be detrimental to the region’s financial management.

 6. Nairobi switches to digital TV signal by December 31

If you live in Nairobi, you are expected to shift to the digital television platform by the end of this month.

Information PS Bitange Ndemo has noted any further delay would be very expensive for the government.

 7.       yuMobile owners commit KES 17 billion to revitalize network

yuMobile’s shareholders have given go ahead for the telecom to invest Sh17 billion to revitalize its network infrastructure in the country over the next two years.

The investment was scheduled to start earlier but delays in the reduction of mobile termination rates (MTR) eroded confidence among the company’s shareholders in the local telecoms business.

 8.       Commuters stranded in Nairobi

Commuters in Nairobi have been forced to walk to work as matatu operators keep off the roads to protest the recently effected Traffic laws. Police say they have received reports that Ngong , Ongata Rongai, Komarocks, Kayole, Umoja, Kikuyu, Utawala, Embakasi, Dagoretti , Muranga , Juja/Thika, Banana, Nyeri and nearby routes are some of the most affected