| Kenya: Experts Tip Group as It Pools Funds for Investment
A women's only investment group has embarked on mentoring sessions with financial experts as it moves towards formalising its operations. The 26-member Kenya Women's Investment Company (Kwic) will hold a one day investment workshop on Friday under the theme: Investment strategies for future growth. .
Funds sought for school computers
BELCHERTOWN - School Committee Chairman Eric L. Weiss will make a pitch for support for a new computer system for the schools when he speaks tomorrow with the Board of Selectmen. "Our kids are in critical need of an upgrades computer system," he said last week. "They need this so they will be able to compete." Selectmen will meet at 7:30 p.m. in Town Hall. The School Committee has hopes of spending about $300,000 on a central server with connected terminals, instead of individual desktop computers. A similar financial request was submitted to the Town Meeting in May as part of a $1.1 million debt exclusion package that would have raised the tax rate for a few years. But it was defeated. This time, the School Committee is proposing to use $136,000 from its own budget and $168,000 in the town's general fund which came from an unexpected federal payment for upgrades at the Jabish Brook School.
Closing: Sensex ends 170 points lower
The benchmark Sensex fell by over 170 points on frantic selling by funds in heavy-weight stocks, triggered by weakening global trend. The Sensex, which has been in a bearish mode in the last few trading sessions, shed another 170.33 points to 18,737.27 after touching the day's low of 18,333.21 points. The wide-based National Stock Exchange's Nifty fell by 46.15 points to 5,617.10. It touched the day's low of 5,477.50 and a high of 5,660.60 points. Major pullers were stocks from realty, oil and gas, and information technology segments. .
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