Tuesday, May 13th, 2008
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| • | Cash Transfer Next Frontier for Phone Firms: Money transfer service via the mobile phone is seen as the next investor hotspot, signalling fresh competition in Africa's cell phone industry in a battle which includes mobile, television and music.
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| • | Transport Charges Set to Rise: Truck transport charges in the East and Central Africa region could rise sharply after a study conducted by a transport companies' umbrella body revealed a surge in costs of conducting such a business, Shipping News has exclusively learnt.
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| • | Forensic Audit Laudable: The decision by the Capital Markets Authority (CMA) to carry out a forensic audit on claims lodged by clients of troubled Nyaga Stockbrokers prior to payment is not only laudable, but healthy for Kenya's capital market.
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| • | Voice Service System for Farmers Launched: An interactive voice service system that converts text to speech is offering the blind and the illiterate an opportunity to use computers.
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| • | Quest for First-Rate Coffee to Up Demand for Arabica: Demand for Arabica coffee beans, the variety grown in Kenya, is expected to grow faster over the next three years than its cheaper rival robusta, according to analysts.
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| • | Regional Ports Fight Congestion: East Africa's leading sea ports have been fighting congestion, but the Port of Dar- es- Salaam seems to have come out worse off after Mombasa was able to get a way forward.
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| • | China Leads the Pack in Global Container Trade: The Port of Mombasa does not feature among the top 30 in the competitive global container trade, the Containerisation International report indicates.
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| • | Turning to the Web to Verify Jobseekers' Data: Four months ago, Carolyne Mwaura prepared for a job interview with a leading public relations firm the only way she knew how; by memorising the high points of her CV and internalising the mission and vision of the company she had applied to.
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| • | State to Inject Cash to Bail Out Pan Paper: The Government is acting on proposals by a task force to return Pan Paper Mills to profitability.
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| • | Insurers Face Tougher Earnings Test This Year: Kenyans insurance firms have for long had a healthy appetite for investment risks in property and shares.
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| • | Piracy And Arm Trafficking Delays Port Upgrade Plan: The Mombasa port has its own fair share of challenges, including piracy in neighbouring Somalia, stowaways, and arms trafficking.
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| • | Country Emerges Fourth in Tree Planting Drive: Kenya has emerged fourth in the world in the Billion Tree Campaign that was launched two years ago, after planting over 120 million trees.
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| • | Mobile Phones to Be Used in Aids Campaign: This week, the mobile phone will be used in a peculiarly Kenyan initiative aimed at promoting an HIV/Aids awareness programme.
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| • | Let's Work On Sustainable Urbanisation: The discourse on sustainable development has, over the years, paid very little attention to urbanisation and urban development.
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| • | Container Freight Stations Overwhelmed By Cargo: Three container freight stations meant to ease port congestion are getting overwhelmed by huge cargo flow.
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| • | Maersk Wins Best Shipping Line Award: Maersk Line emerged winner of the Best Shipping Line (Asia-Europe) Award for the 21st consecutive year at the Asian Freight and Supply Chain Awards (AFSCA).
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| • | Nema Clamps Down On Polluters With New Rules: A battery manufacturing factory in Nairobi's industrial area, Associated Battery Manufacturers, regularly sends blood samples of its workers to Britain for analysis, just in case they have lead poisoning in their blood.
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| • | Exporters in Tight Race As Key Markets Saturate: Kenya and other black tea exporting nations are now caught in a race against time to boost their domestic consumption as a new international survey showed saturation in key target markets.
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| • | Why Africa Has Awful Customers: So, why are the Kenyan roads bad?" an international journalist posed. The gentleman had travelled on our roads, those of Somalia, Rwanda, Congo and Uganda and he wanted to get some Africa bad roads 101 from me! Guess my answer? Our roads are bad...
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| • | Minister Rules Out Lower Taxes On Oil Products: Kenyans should tighten their belts after the Government dismissed possibilities of slashing fuel taxes or intervening through price controls.
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