Tuesday, May 27th, 2008
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| • | IDPs Should Make Individual Choices: I was so surprised that those who engaged in post -election violence in Kenya spoke English!" a European observed.
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| • | Blackout Puts Banks Risk Management Procedures to Test: Rarely included in risk management policies of many Kenyan banks- at least since the dark ages of power rationing eight years ago- power blackouts are now testing the capability of banks' enterprise risk management procedures.
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| • | Debate On GM Crops Rages On As Bill Comes Under Scrutiny: Beatrice Gakii's face glows when she talks about the biotechnology-spiced farming venture that has enabled her and village colleagues to double their income in a year.
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| • | Sameer Africa to Launch Sh2.2 Billion Business Park Project: Tyre maker Sameer Africa will today launch the construction of its business park along Mombasa Road in Nairobi, a project that has suffered two years of delay.
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| • | Keeping Kakamega Forest a Hard Task: Two years ago, on a lovely morning, I found myself on top of the world, "watching Kakamega Forest wake up". To this day, few moments, real or imagined, can beat this pre-dawn outing, which required climbing about 1,000 metres through the rain-sodden...
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| • | Safaricom Sets Record for Country's Blue Chips: Safaricom yesterday reported record profits and announced plans to boost coverage in the rural areas as a strategy of growing its customer base in the face of mounting competition.
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| • | CFC Profit Drops As Merger Remains On Hold: Financial services group CFC has reported a two per cent drop in its first quarter pre-tax profits, continuing a trend from last year when overall group profitability for 2007 also fell.
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| • | Sector Braves Crisis to Post Growth: The horticulture industry expects record returns this year following higher export volumes and better value in the first quarter of the year, compared to last year.
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| • | Small Businesses Find Convenience in M-Pesa: Charles Magongo is a partner in Biznet Consultants, a web design and computer networking company in Mombasa. Although he knows the importance of having a bank account, he is reluctant to open one and does most of his transactions through a mobile...
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| • | Developer to Construct Eco-Friendly Coast Villas: A private developer is constructing environment-friendly housing units whose demand is growing among tourists and high-end buyers at the Coast.
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| • | Road Company Wants Court to Refer Dispute to Arbitrator: A lawyer representing Kirinyaga Construction Company asked the High Court to refer a dispute involving Sh78 million to an arbitration panel.
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| • | Boost for Workers As More Growers Seek Best Practices: The drive to have farms in Kenya accredited for upholding ethical practices in production is gathering momentum with the opening of a Fairtrade Labelling Organisation International base in Nairobi.
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| • | Endless Safeguards Hurt Free Trade: Our wheat and sugar farmers have enjoyed Comesa safeguards for several years. Just last week, it was reported that the safeguard measures are unlikely to be renewed.
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| • | Flower Growers Eye Bigger Share of Japan Market: Walk through a Japanese market and you'll find perfectly formed and delicately presented fruits and flowers on offer. But stretch out a hand at your own peril.
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| • | Grain Handling Monopoly At Port Ends in September: Importers of grain in the region stand to benefit from enhanced storage capacity at the Port of Mombasa following the expiry early this year of an exclusive licence granted to a service provider eight years ago.
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| • | Vodafone CEO to Step Down: Vodafone Group PLC, the world's largest cellphone operator by sales, said yesterday it swung to a full-year net profit from a loss a year earlier and that Chief Executive Arun Sarin will step down, to be replaced by Vittorio Colao.
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| • | We Must Act Fast to Resolve Land Issues: The new Lands Minister seems off to a spirited start. First was the freezing of land allocation and now, non-renewal of land leases granted before May 1909.
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| • | Regional Trade Helps Fight Hunger: Regional trade agreements could not only serve to protect farmers in developing countries but could also be used for the swift distribution of food aid from neighbouring countries in times of famine.
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| • | Rural Areas Investing in Renewable Energy: The United Nations International Development Organisation (Unido) is calling on communities without access to electricity to submit renewable energy production proposals for funding.
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| • | Taxation Offers Scope for Containing Rising Oil Price: Last week we delved into a subject that for a while now has concentrated every mind in this country, burnt a hole through every pocket and continues to leave a sour taste in the mouth for some time to come-oil and its soaring price.
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