Monday, April 28th, 2008
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| • | Mungiki Top Leaders Shot Dead: TWO top Mungiki leaders were killed on the Naivasha-Nairobi highway.
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| • | Turnover Declines As Bourse Opens Week: THE bourse opened the week with 7.3 million shares valued at Sh294 million, down from Sh343 million on a volume of 8.9 million shares posted the previous session.
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| • | Investors Come Knocking On Continent's Doors: In the last two years, the shifting focus to new markets has brought investors knocking on the doors of Africa.
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| • | States Move to Upgrade Railway Network: Derailed by a dilapidated public railway system, East African governments will today unveil plans to expand and revamp the region's rail network.
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| • | Viability of Refineries Under Scrutiny: The performance of the sub-Saharan Africa's refining industry is at a crossroads: One path, involving reforms, holds the prospect of new investment for more viable refineries. The other-the status quo, threatens extinction of the facilities. For now,...
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| • | Tension Eases At Jail House: Relative calm has returned to the troubled Nakuru Prison following last week's protest by more than 400 warders against poor remuneration and housing.
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| • | PM Third in Pecking Order, Says Karua: The interpretation of the Constitution establishing the grand coalition ranks Prime Minister Raila Odinga as the third in command, Cabinet Minister Martha Karua has said.
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| • | SMS Comes in Handy to Effect Industrial Action: Prison warders across the country have turned to mobile phone technology to rally their colleagues at the country's prisons to push the Government to address their grievances.
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| • | Strategic Fuel Reserve Planned: A petroleum strategic reserve stock, similar to that of cereals, will be set up to ensure constant supply.
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| • | Litmus Test: Kenya's preparation for the Beijing Games comes under scrutiny this week when the Africa Athletics Championships start in Addis Ababa.
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| • | What, Exactly, Did the Tours Achieve?: The last week ended on a high note, with generously publicised tours of camps hosting internally displaced people by the President and Prime Minister, during which they preached ethnic tolerance and insisted that refugees be resettled in their former...
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| • | Warders Accuse Awori Over Woes: Efforts to address grievances by prison warders and end their strike, suffered a major setback Sunday when some officers opposed the appointment of former Vice-President Moody Awori to head a committee investigating the matter.
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| • | Too Much Hype Over IPOs in the Market: The increasing frequency and size of IPOs have led people to believe so much in shares that they will ignore many other opportunities that exist in the capital market - where those looking for capital for their businesses hope to meet those looking...
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| • | Foreign Investors Given 75 Percent Share in Listed Firms: Foreign investors can now own up to 75 per cent shares in public listed companies following the reversal of an earlier rule that limited their shareholding threshold in public companies to only 40 per cent.
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| • | Army On High Alert to Avert War Spillover: The security forces were Sunday put on high alert on the border with Ethiopia to prevent a spillover of fighting in that country into Kenya.
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| • | Naivasha Jail Staff Now Issue Ultimatum: Warders at the two main prisons in Naivasha have threatened to completely paralyse all prisons activities Monday if their demands are not met.
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| • | Police Fire Shots At Refugee Camp: Fear gripped internal refugees at the Nakuru ASK showground at the weekend when police shot in the air to scare away youths who allegedly wanted to attack them.
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| • | Army Tortured 400, Says Report: More than 400 Mount Elgon residents were tortured by the military during the offensive to flush out the rag-tag Sabaot Land Defence Force (SLDF) militia.
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| • | ECK Faces Storm Over By-Elections: The discredited Electoral Commission of Kenya (ECK) will have to ride another storm as civil society groups begin to push for its disbandment ahead of crucial by-elections set for June.
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| • | Kalonzo Moved By Plight of Warders: Vice-President Kalonzo Musyoka came face to face with the pathetic living conditions of prison staff.
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