Tuesday, June 24th, 2008
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| • | Youth Fund Success Attracts Interest From Private Sector: The Youth Enterprise Fund is earning accolades for its sustainability seen in its revolving kitty that has recorded impressive repayments during the second year of operation.
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| • | KRA Urged to Auction Unclaimed Vehicles: Port users in Mombasa want the Kenya Revenue Authority (KRA) to sell by public auction over 665 motor vehicles that have been lying unclaimed at the Mombasa port for a long time.
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| • | Bookshop Launches Online Retail Store: The reading culture - long bemoaned as having died in Kenya - is rising from the ashes riding on technological advancement that is bringing the bookshop to customers' offices and homes.
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| • | Ugandan Traders Charge Taxman Over Red Tape: Ugandan businessmen have blamed the Kenya Revenue Authority (KRA) for cargo clearance delays at the Mombasa port.
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| • | CMC to Sell China-Made Motorcycles: Automobile retailer CMC Motors Group has signed a new contract to sell and service Chinese-made Dayun motorcycles.
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| • | Lasting Solutions Needed for Food Crisis: All indications are that the current surge in food and fuel prices are the result of distorted policies that powerful, rich nations have imposed on the world even as realities of the day point to the need for change.
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| • | Trade War Looming Between Kenya and Tanzania?: Locally manufactured goods have been exempted from the East African Community-Standard Quality Mark.
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| • | Telkom's Turnaround Plan to Claim Staff Casualties: National telecoms operator Telkom Kenya is set to start another round of payroll trimming as it prepares to go to the labour market for talent it needs to support its turnaround plan.
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| • | Players Blame High Claims On Poor Ship Designs: Ship design standards have to be improved, construction materials tested, proper procedures followed and human operators properly trained and motivated if shipping insurance claims are to be reduced.
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| • | When Digital Evidence is Admissible in Court: Digital/ electronic evidence is probative information stored in digital form that a party may use at trial. It includes computer print outs, emails, digital photographs, ATM transaction logs, spread sheets and others.
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| • | Companies Honour Top Students in National Exams: Equity Bank has launched this year's pre-university programme that seeks to nurture top high school graduates for two years before they join universities.
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| • | Dairy Farming in Nyanza On the Decline: Milk production in Nyanza province is on the decline.
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| • | Country Scores Highly in Quest for Rule of Law: Kenya has been named among countries that have made significant improvement in governance structures in the last decade.
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| • | High Oil Prices Hit Haulage Sector: The haulage industry in the country is sending an alert that oil prices are literally grounding it and is seeking alternatives.
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| • | EAC Plans Rules to Regulate Fishing On Lake Victoria: The East African Community is set to impose new rules regulating fishing activities on Lake Victoria.
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| • | Minister Reverses Order On Land Fees: The Government yesterday bowed to public pressure and withdrew new charges on land transactions it had introduced last month.
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| • | Safaricom Entry Ups the Profile of Stock Market: In Capital Markets circles there's general consensus that the entry of Safaricom into the Nairobi Stock Exchange will leave it fundamentally changed, even unrecognisable forever.
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| • | State Embarks On Project to Shore Up Fish Farming: When Charles Ndung'u and friends started digging a fish pond in his home area of Ihwa in Nyeri South District, neighbours and villagers thought it was a bad business idea.
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| • | Inadequate Data Delays Listing of Property Firms: Listing of Real Estate Investment Trusts at the Nairobi Stock Exchange may take longer than initially anticipated after a feasibility study identified potential hurdles.
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| • | Mombasa Edges Towards Realising E-Port Status With New IT System: Mombasa's dream of becoming an e-port is getting closer as the port prepares to launch a Sh450 million IT project next week.
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