Wednesday, May 28th, 2008
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| • | Economic Policy Should Focus On Growth: Kenya, the largest economy in East Africa and by per capita income, had shown remarkable growth in the last five years. The economy had grown consistently at rates above five per cent, well above most sub-Saharan economies over the same period.
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| • | Sameer's Sh2.2bn Business Park On Course: Sameer Africa Limited (SAL) and Sameer Telekom has commissioned the erection of a Sh2.2 billion business park that will offer showroom and office space services.
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| • | Cheap Imports Hurting Local Sugar Millers: Muhoroni Sugar Company is bearing the brunt of cheap imports and is unable to move stocks in an underpriced market.
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| • | Envoy Tips Country On Trade Gap With China: Kenya needs to improve its investment climate and attract more Chinese manufacturers if it is to offset its growing trade imbalance with the booming economy, says China's commercial counselor in Nairobi.
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| • | Price Controls Cannot Stop Energy Crisis: Continuous rise in the prices of petroleum products globally is bound to adversely impact on struggling economies - especially petroleum importing countries such as Kenya.
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| • | Country Set to Roll-Out New Web Platform: f you are intending to buy a computer today, make sure it can accommodate the next generation Internet platform - IPv6 - that is expected to come into effect in three years.
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| • | Shopping Mall Boom Hits: On the first Sunday of March 2009, Nairobi's Lang'ata Road will wake up to the sight of a new shopping mall. If all goes according to plan.
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| • | Kenya Re Boosts Stake in Regional Secondary Insurer: Kenya Reinsurance Corporation (Kenya Re) has invested Sh163 million in the PTA Reinsurance Company in line with its strategy to consolidate market shares while securing high profit margins.
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| • | Country to Benefit From Actis Investment Fund for Emerging Markets: Kenya will benefit from part of Sh40 billion in a new round of investments by private equity fund Actis targeting emerging markets.
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| • | Energy Minister Calls On Kenyans to Adopt Fuel Saving Measures: Consumers should brace for further fuel price rises after the Government yesterday decided to let market forces prevail in the face of global oil prices scaling new records.
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| • | Surging Inflation Erodes Earnings for Pensioners: Pension contributors are facing low returns from their savings following the slow paced growth at the Nairobi Stock Exchange (NSE) and high inflation levels.
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| • | Increase in Land Fees Set to Push Up Transfer Costs: The cost of acquiring land is set to rise following a decision by the Government to increase fees charged on related transactions.
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| • | Why We Need to Teach Nanotechnology in Schools: Everyday we discover new areas and applications that help to improve human life. One such area is in nanotechnology and its application in human systems.
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| • | CBK Says Economy On Track Despite Price Rise: The Central Bank said yesterday it sees light at the end of the tunnel in the surging inflation that has been fuelled by rising oil prices and spilled over to foodstuff and other commodities.
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| • | Cash Delay Hurting Schools: Nearly a month into the second secondary school term of 2008, hundreds of public schools are yet to receive the second tranche of Government subsidies that they are entitled to under the recently introduced Free Secondary Education programme.
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| • | Things to Do This Madaraka Holiday: Wondering what to do this coming long weekend? Well there is plenty to do.
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| • | World Leaders Fail in Human Rights, Says Amnesty: Amnesty International has accused world leaders over what it calls failure to deliver on the promise of justice and equality as enshrined in the Universal Declaration of Human Rights.
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| • | Change Strategy in MT Elgon Crisis: Reports by the Kenya National Commission on Human Rights (KNCHR) and the Independent Medico-legal Unit (Imlu) have revealed the atrocities unleashed on innocent residents caught up in the military operation in Mt Elgon.
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| • | Oil Firms in Crucial Meeting: The Ministry of Energy will Wednesday meet with chief executives of oil marketing companies to review supply security of petroleum products in Kenya.
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| • | Teacher Crisis Looms in District As Age Catches Up With Many: A staffing crisis looms in most primary schools in Embu District due to failure by the Teachers Service Commission to post teachers to the district for the past 11 years.
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