Today's Headlines
- Two Exhibitions Are On At Ramoma, Nairobi
- Country to Review Tourism Law
- Econet Wireless Finally Rolls Out
- Odinga Warns of Civil Unrest
- Mulee Rules Out Harambee Stars U-Turn
- Taking Up a Women's Agenda
- More Than 6,000 Christian Youth Converge for Prayers
- Catholic Church Outraged By MPs' Refusal to Pay Tax
- Pope Benedict Praying for Release of Abducted Nuns
- Thousands Flee Amid Fears of Border Clashes
- Malaria Rates Plummet Among Children
- Winning Against HIV Stigma Behind Bars
- First Congress of Federation of African Journalists a Historic Milestone, Says IFJ
- Archbishop Lele Urges State to Act as Food Crisis Bites
- Regional Workshop Focus Border Management, Irregular Migration
- Silverbird Acquires Kenya's Nu Metro, Starts Operations in Ghana
- Raila is Evil, Says Minister
- Man Charged With Abduction of Two Catholic Sisters
- UN Censures State On Torture
- Agencies Seek $390 Million to Offset Climate And Food Risks
- UN-Backed Scheme Gives 3,000 Prisoners Clean Water and Sanitation
- Samosa Festival is On in Nairobi
- Heartstrings in Another Comedy
- Govts, Investors Engage RVR in Rail Bid
- Mwangi Replaces Mwebesa At NSE
- Riepa Hosts Business Association
- ICTR Petitions UN for Arrest of Kabuga
- UBA to Invest SH360 Billion in Kenya
- Free Movement of People Too, Not Just Goods and Capital
- Judges Running Out of Money?
The Nation (Nairobi)
September 3, 2008
News Article By Wene Owino, Nation Correspondent
High taxes in Kenya has eaten into the revenue of a Botswana Stock Exchange (BSE) listed software development company, RPC Data.
The state-owned Daily News of Botswana reported today that RPC Data had to pay 20 percent tax from the Sh16-million contract it carried out for Kenya's Ministry of Finance.
However, the Kenyan contract boosted the company's revenue to 74 percent for the financial year ended May 31, 2008. In Uganda and Zambia, RPC Data did not record profits, though there are good prospects in the Zambian operations.
RPC Data was formed in 1989 and has subsidiaries in Botswana, Uganda, Zambia and India.
The private daily, Mmegi reported on Wednesday that Japan has joined the rush to exploit Botswana's vast mineral and energy resources.
The paper said a 50-member Japanese delegation jetted into Botswana this week to explore trade and investment opportunities. The delegation had a meeting with President Ian Khama.
The head of the delegation and Japan Vice Minister of the Economy, Trade and Industry, Takamori Yoshikawa said the mission signalled the beginning of the fulfilment by his country in May to double investment in Africa.
He said Botswana is the first stop in a tour to explore opportunities to fulfil the promise. From Botswana the mission will go to Mozambique, Madagascar and South Africa. Two other teams have been dispatched to East and West Africa.
