1. All Kenyans must fight counterfeits – Kirubi

Industrialist Chris Kirubi is urging all Kenyans to be on the frontline against the distribution and consumption of counterfeit products in the country.

He acknowledged that his company Haco Industries, a leading manufacturing and trading company in the fast moving consumer goods sector in Kenya, has been the victim of counterfeits in the past and urged for intervention from the police and the government. - Capital Business

2. Virgin slashes air fares ahead of close-down

Virgin Atlantic has unveiled a closing-down lower price this month ahead of September 14, its last day of operations on the Nairobi-London route.- Business Daily

3. Safaricom to venture into Orange territory

MOBILE telephone service operator Safaricom plans to break Telkom Kenya's fixed line monopoly by venturing into the business but with new technology. Though the plan is still on the drawing board, we have established that the mobile phone giant's fixed line business is mainly targeting companies. - The Star

4.  Unilever to double presence in Kenya

Unilever plans to increase its presence in Kenya with more investment in tea growing and manufacturing plants. Mr Paul Polman, the CEO of the consumer goods manufacturer Unilever in London, said Unilever would also continue investing in conservation of the environment with particular focus on the rehabilitation of the Mau Forests Complex. - KBC

5.  VAT Bill grants firms relief on bank guarantee

A key hurdle to large taxpayers filing complaints on tax assessments could be removed if the controversial Value Added Tax Bill becomes law. The Bill proposes that tax payers deposit less than a third of the money in contention before seeking redress through the Judiciary. Previously, aggrieved taxpayers were required to deposit the whole amount in dispute, tying up capital that could be used for operations. Businesses will now be required to deposit only 30 per cent of the amount in dispute. - Business Daily

6. Emirates to boost Kenya-Thai link

Emirates, one of the world’s fastest growing airlines, has announced a plan to introduce new service to Phuket, the largest island in Thailand located in the Andaman Sea. Emirates will link Phuket, the airline’s second destination in Thailand after Bangkok, through its Dubai hub, beginning December 10. - Capital Business

7. Comesa sugar supplies keep prices low

Improved supply of sugar from regional markets cushioned consumers from the effects of lower output over the first half of the year, new statistics by the Kenya Sugar Board (KSB) show.- Business Daily

8. Co-op Bank Earns 84% More from Interest Charged

Co-operative Bank of Kenya’s income from interest charged on loans and advances has grown 84 percent to 11.07 billion shillings in the six months to June this year from 6.02 billion shillings in the same period last year. - Pesatalk