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Understanding Kenya's Complex Tax System;There's a Book for That

Just what are the reasons why you MUST pay taxes? To understand that and tonnes of all other garbage you never quite seemed to understand about taxes, the matter just got simplified. Institute of Economic Affairs has published a book, "A citizen’s Handbook on Taxation in Kenya" that will have you sorted on this subject.
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Samsung TV Gets CCK-Type Approval

Samsung Electronics East Africa has become the first consumer electronics company to receive a CCK type approval rating for one of its integrated digital TV models. The news of the approval of one of the DVB-T2 compliant TV sets was confirmed by Allan Oyier, General Manager.
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Annual Custom Taxes Expected to Drop by KES 16.5 Billion

Kenya’s annual custom tax collection is expected to drop by KES 16.5 billion ($193.8 million) . This will come about if tariffs on European products are removed under a proposed economic pact. South Centre, an international policy institution, has said that the direct revenue loss would outstrip the KES 10.4 billion ($121.8 million) that Kenya would realise from increased trade with Europe.
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Cofek Moves to Court to Stop December 31st Analogue Switch Off Deadline

Consumer Federation of Kenya (Cofek) has filed a case under certificate of urgency seeking orders to prevent the government from effecting the December 31st deadline to switch off analogue signal in Nairobi and its environs. Respondents to the petition include Information and Communications minister, Attorney General…
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Trips to Rwanda Soon to Be Visa-Free

Rwanda has made a bold move to abolish its tourist Visa rule for every single African country. The move is part of an initiative that could eliminate tax levys for trade across various parts of the continent.
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Kenya targets 100% Internet penetration by 2017

Kenya projects to have 100% internet projections by 2017 up from the current 28%, banking on access mainly from mobile phones.
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Kenya's Economic Growth Forecast Cut to 4.3%: World Bank

Kenya's economic growth forecast by the World Bank has been cut to 4.3% from 5% . world Bank has attributed this cut to the effects of high lending rates.
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Unregistered Phone Numbers to be Shut Down by January 2013

The Communications Commission has issued yet another warning to unregistered Sim Card users. By January 2013, the government-sanctioned team will shut down all non-catalogued cell phone numbers
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S.A Bank Absa to buy Barclays' African Operations

South African bank Absa Group said on Thursday it will buy Barclays African operations for 18.3 billion rand (KES 176.8 billion). This, a statement from Absa says, is a move to finalize a longstanding plan to fuse the two company businesses in Africa, considered a fast-growing market.
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KCB Slashes Base Lending Rate

KCB Bank has announced that it will be reducing its base lending rate effective in the new year. In a public statement via the Group’s twitter page, the bank says it will reduce the rate by 200 basis points to 17% down from the current 19%. This announcement has comes…
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