Author: Editor

Even though government has a hand in formation of PUSETU and its intention to weaken the labour movement COTU’s slumber is however largely to blame for the rising frustration amongst workers

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Why nations fail and how they can prosper , Tom Odhiambo  There have been comments in the media claiming that Kenya is a failed nation. Those who hold this view – and they are many – argue that 50 years since the end of colonialism the matunda ya Uhuru that were promised to all Kenyans are yet to be delivered by the ruling elite.

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The litany of bribes, lapse in integrity, and alcoholism that nearly drove Judiciary to the hole Upon arriving at his new workstation in central Kenya, a Magistrate saw the prospect of owning land in the area. But he was penniless – or didn’t have enough cash. A broker offered to pay on condition the judicial officer would refund soon. It didn’t happen. An opportunity offered itself that made it possible for the magistrate not to honour the debt.

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When should you spawn an IT innovation?IT innovators should consider their parent company’s resources before deciding whether they want to innovate in house or set up their own firm, according to research from Dr. Ulrich Hege of HEC Paris  business school.

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BRANDIT, Why 90% of advertising doesn’t work,BY MARVIN SISSEYAlthough attributed to Steuart Henderson Britt, with the Canadian having popularised the statement in his book Marketing Management and Administrative Action in 1965, this advertising tongue-in-cheek statement was coined more than a Century earlier.

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Sh 263 million Stock brokers approve the Nairobi Securities Exchange share sale in June. Members holding their annual general meeting approved the planned initial public offering that will enable the common mwananchi own part of the bourse. In the 2013 financial year, the NSE reported a 209% rise in net profit to Sh 263 million from Sh 85 million in 2012.

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Consolidation in the mobile telecoms market After more than a decade of cut-throat competition, the telecommunications market is consolidating. Were it in stock trading, we would eerily call this a correction; the situation where, after a bull or bear run, share prices tend to find their right values.

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Addis bank to test Equity, KCB regional controlBy EMMANUEL ROTICH Fierce rivalry could be witnessed in the banking sector following the intent by an Ethiopian bank to set operations in Kenya. Commercial Bank of Ethiopia (CBE), one of the region’s biggest banks, says it plans to spread its operations not only in Kenya, but in other East African countries. Its entry threatens to complicate the push by Kenyan banks, mainly the Kenya Commercial Bank (KCB) and Equity, to dominate the region’s financial services.

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Lawyers beware; caveat emptor!,By Jared Juma The phrase caveat emptor arises from the fact that buyers often have less information about the goods or service they are purchasing, while the seller has more information. Defects in the good or service may be hidden from the buyer, and only known to the seller. Thus, the buyer should beware. This is called information asymmetry.

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REFORMING CONSTITUTIONAL REFORM Recent proposals by members of the National Assembly to amend the 2010 Constitution in fundamental ways raise issues that are deeply troubling.   The proposals, as I understand them, would reduce the size of the Assembly from 290 seats to 140, eliminate the special seats reserved women representatives of each county, reduce devolved units of government from 47 counties to ten and eliminate nominated seats.

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