Tuesday, July 20th, 2010
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| • | 1.2 Million Tourists to Visit This Year, Says Minister: Kenya will hit the 1.2 million tourists mark this year if the current momentum of arrivals is maintained, Tourism minister Najib Balala says.
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| • | Firm in Airborne Survey for Gold in Western Region: Aviva Corporation Ltd of Australia has started carrying out airborne survey to map sites with potential for gold deposits and other minerals in Western Kenya.
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| • | Minister Misleading On Land, Say MPs: Two MPs have accused Lands minister James Orengo of misleading the public over the land chapter in the proposed constitution.
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| • | Clergy Urge New Law Changes: Religious leaders have urged Kenyans to start preparing amendments to address flaws in the proposed constitution in case the Yes side wins during the referendum.
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| • | Churches Issue Tax Threat Over MPs' Pay: Kenya clergy have threatened to mobilise their followers to stop paying taxes to the government if MPs get a salary increment.
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| • | Security Minister Assures Peaceful Referendum: The government has assured Kenyans of adequate security before and after the August 4 referendum on the proposed constitution.
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| • | Hundreds Made Homeless By Mass Forced Eviction in Kenya: Amnesty International has called on the Kenyan authorities to halt the forced evictions in a Nairobi settlement that have left hundreds of families homeless and destitute.
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| • | Hague Court Does Not Target Africa, Says Chief Justice: CLAIMS that the International Criminal Court was primarily and selectively targeting Africa were "troubling" but "did not bear scrutiny", Chief Justice Sandile Ngcobo said on Friday.
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| • | Investors to Reap From High Demand for Recycled Plastic: Kenyans in the informal sector are set to earn millions from recycling the readily available plastic waste due to high demand in the lucrative Chinese market.
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| • | Success in Business Lies in Grasping the 'Bigger Picture': Success in any business lies in understanding the market and consumers well enough to make what they want and will buy.
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| • | Winafrique Thrives on Innovative Ways of Saving Energy: Winafrique Tech, which was started in 2001 by Anthony Ng'eno and Michael Chavanga with the purpose of selling renewable energy solutions to parastatals and hotels, among others, is offering firms innovative ways of saving energy.
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| • | Firm to Roll Out Smart Cards for the Mass Market: Kenya has remained a cash based economy despite the best efforts of banks to encourage the use of plastic money.
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| • | Irritating Cold Season Boosts Sales for Keen Investors: James Odhiambo has been having difficulty waking up at 5.30am to prepare for the office because, lately, his bed has become warmer especially in the wee hours.
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| • | Investor Interest in Bonds Leaves Stock Market Subdued: The Nairobi Stock Exchange is expected to record marginal gains as investors maintain their interest in the secondary bonds market
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| • | Microfinanciers Tap Technology to Reach Unbanked Millions: Kenyan microfinance institutions have for a long time served the unbanked segments of the population despite several obstacles in their quest to access this niche.
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| • | Cable Firm's Share Price Dips By 13 Percent: The share price of East African Cables (EA Cables) dipped 13 per cent to Sh18.95 during Monday's trade from Sh21.75 of Friday, on the back of a profit warning issued on Saturday.
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| • | Tea Dealers Get Tax Relief as Inspectorate Cuts Charges: The Kenya Plant Health Inspectorate Services (Kephis) has cut its custom charges on tea for multiple entries, offering dealers a big pricing relief.
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