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Retirees Take a Hit From Year Long Slide of Stock Market

Pension funds are set to close the year with a substantial downgrade of their assets at the Nairobi Securities Exchange (NSE).

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KenGen Net Profit Drops By 47 Per Cent

Power generating firm KenGen's net profit has dropped by 47 per cent for the year ended June, 2011, following the end of tax benefits it received five years ago for listing at the Nairobi Securities...

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Kenya: Regulator to Appoint Forensic Investigator for CMC Next Week

The capital markets regulator will next week appoint a forensic auditor to further investigate alleged fraud at troubled CMC Motors as it emerged that the auto firm's chief executive will not be...

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Kenya: Egyptian Billionaire Sparks Storm At GM Over Sales Dealership

General Motors East Africa (GMEA) is facing a revolt from dealers as it prepares to set up a new sales structure that will see Egyptian billionaire Mansour family become its sole distributor.

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East Africa: Industrialists' Row Threat to Growth Into EAC Market

The rivalry between export-oriented manufacturers and their counterparts operating in preferential export schemes is threatening to derail the push for a bigger chunk of the regional market even as...

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Banks Charge Sh500 Penalty for Clearance of Old Cheques

Commercial banks are charging customers up to Sh500 to process old generation cheques as a penalty for using the leaves which are being phased out of Kenya's payment system.

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Heads of State to Attend UN Meeting in Kigali

Top leaders from at least 10 countries, including Heads of State and Government, will descend on Kigali early next week for a high-level UN conference on post-conflict peace-building, due November 8-9,...

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Nigeria: Obi Pays Ojukwu's Medical Bill -Bianca

FOR the past one year, Anambra State Governor, Mr. Peter Obi has been paying the medical bills of the former Biafran leader, Dim Chukwuemeka Odumegwu Ojukwu which runs into hundreds of millions of naira.

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Zimbabwe: 21 Hospitalised As Typhoid Outbreak Hits Harare

AT least 21 people have been admitted at a Harare hospital, while 54 others are under obsvervation following an outbreak of typhoid.

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Zimbabwe: MISA 'Shocked' By Fresh Threat to Journalists

The Chairman of the media rights watchdog, MISA Zimbabwe, said the group is 'shocked' by the fresh threats leveled against the country's media fraternity this week.

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Rwanda: Experts Call for Gender Equality in Electoral Processes

An expert's meeting that ended in Kigali yesterday concluded with a unilateral call for the enhancement of women's participation in electoral processes in Africa.

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Nigeria: Gunmen Kill Two Women, Injure 14 in Zonkwa, Kaduna

The Kaduna State Police Command said on Friday it had commenced investigations into the killing of two women by unknown gunmen at Zonkwa, Zango Kataf Local Government Area. Some unknown gunmen on...

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Sudan: Dinka Nok Leaders Return to Abyei

Sheikhs and sultans (local leaders) of the Dinka Nok tribe from Abyei returned to the city for the first time on Thursday after the war that broke out in the region in May.

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Sudan: Health Care Unit Opens Inside Rumbek Prison

The governor of Lakes state Chol Tong Mayay and the United Nations Mission in South Sudan (UNMISS) officially opened a new health care building for inmates at Rumbek Central Prison on Thursday.

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Top Kuduro Winners Get Prizes

The winners of the second edition of the music contest "Top Kuduro 2011", Própia Lixa, Cabo Snoop and the duo Destino Terrivel and Rodrigão, received, their respective prizes, Friday in Luanda,

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Nigeria: Writing Health; Ninth Year Anniversary and Beyond

It was just like yesterday that I visited Media Trust for the Health Interactive 8th Year Anniversary on Thursday, 21st October 2010. It is another anniversary, the 9th to take a stock of what has...

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Africa: Backed By the Climate Investment Funds, Eight More Countries Take Big...

India's plans for $775 million in support of a national action plan on climate change were endorsed

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Dutch Court Approves Transfer of Victoire Ingabire Evidence

The petition to block the transfer of documents incriminating Victoire Ingabire was yesterday dismissed by a Dutch court ending a long standing tug-of-war between the prosecution and Ingabire's...

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Sudan: Sudan Tribune Calls for South Sudan to Release Journalist

Since Wednesday 2 November Ngor Aguot Garang, a journalist at Sudan Tribune, has been held illegally by South Sudan's security services following the publication of an opinion piece criticising South...

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Equatorial Guinea: Concern Over Politically Motivated Arrest of Opposition...

The government of Equatorial Guinea should immediately release an opposition party member and civil society activist arrested on November 1, 2011, in what appeared to be a politically motivated act,...

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