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Ferry Service Workers May Strike for the Second Time This Month

Kenya Ferry Service workers have threatened to go on strike for the second time this month. They have given the government an ultimatum that expires on the 16th of November, 2012.
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Withholding VAT Could Be Coming Back

The government is considering bringing back the law that will allow withholding of VAT. This comes after a poor collection on VAT and the treasury says that it has noted that there has been a fall in ordinary revenues from VAT, which comes after the Treasury did away with the withholding tax regime so that firms wont surrender cash and reclaim it from the Kenya Revenue Authority (KRA).
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Syokimau Commuter Train Schedule, Fare and Parking Charges

The Syokimau Commuter train is being launched. Here's its schedule and fare.
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CBK to License Independent Remittance Providers.

The Central Bank of Kenya proposes to license stand alone money remittance service providers in a bid to regulate and control the diaspora remittance business which is growing at fast rates.
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1 Million Hectolitres of Beer a Year From Keroche

Keroche Breweries Limited is constructing a 1 Million-a-year hectolitre brew house (250 hectolitres per brew) in order to introduce two new beer brands and meet demand for the existing two, Summit Larger and Summit malt. This comes at a time when brewer plans to raise its share of…
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Safaricom Wins CoG Awards

Just three weeks after winning KRA's tax race by emerging the top taxpayer in the country, Safaricom has won this year’s Champions of Governance Awards (CoG), with the mobile operator's CEO Bob Collymore being named the Chief Executive Officer of the Year.
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DStv to Slash Decoder Prices

With the Christmas holidays around the corner, DStv Kenya is set to slash its full kit installation rates and price of its decoders by about 26 percent. As of December 2012, DStv full kit that is inclusive of a decoder, satellite dish, 20 meter cable plus…
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The Stocks We Are Watching Today

This last quarter of the year has seen a good run on the NSE, specifically on the 20-share index. Its performance has seen to the maintenance of a gap of at least 100 over the 4000 points. The All-share index has kept up with points averaging 91…
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8 Things You Should Know This Morning

1. Constable Arrested for Inciting Colleagues  A police constable has been sacked and arrested allegedly for inciting his colleagues to go on strike through the social media. According to Internal Security Permanent Secretary Mutea Iringo, Administration Police officer Philip Omondi based at…
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Safaricom Recovers from 3 billion Loss to Post 94% Profit

Safaricom has recovered from a loss of over KES 3 billion to post, what the company Chairman describes as, impressive results. Kenya’s leading mobile phone service provider posted a 94% profit after tax of KES 7.8 billion for the half year ended September 2012 from KES 4 billion…
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