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Market News

  • Kenya Industrialization ministry to roll out special trade zones in 2016

    Posted on :Wednesday , 21st October 2015

     Kenya plans to roll out Special Economic Zones (SEZs) which will enjoy lower taxes to boost the country’s investment profile.

    The designated trading zones will be established in the first quarter of 2016, the Industrialisation ministry has said. They are expected to help investors cut down on key cost drivers such as transport, with the hope that surplus funds would go tow. . .

  • Kenya lays foundation for strong growth in a challenging Industrial environment

    Posted on :Wednesday , 21st October 2015

     Kenya’s economy is expected to grow at 5.4 percent in 2015, recording an improvement over the 2014 growth rate of 5.3 percent, says a new World Bank Group economic report released today. The growth rate in 2016 is projected to be 5.7 percent.

     
    The Kenya Economic Update (KEU) attributes the growth to government investment in infrastructure and strong consu. . .

  • EAC-US Trade Investments Strengthened

    Posted on :Wednesday , 21st October 2015

     Ministers from the East African Community (EAC) have signed a Cooperation Agreement on Trade Facilitation, Sanitary and Phytosanitary (SPS) Measures, and Technical Barriers to Trade (TBT) with the U.S. Trade Representative, Ambassador Michael Froman on 26 February, 2015 in Washington, D.C.

     
    The Cooperation Agreement will increase trade-related capacity in the E. . .

  • East Africa Trade and Investment Hub

    Posted on :Wednesday , 21st October 2015

     Growth in the five East African Community Partner States—Burundi, Kenya, Rwanda, Tanzania, and Uganda—has been robust but uneven, with millions of people left behind in poverty. Women, youth, smallholder farmers, and the poor are not fully represented in policy making or implementation nor integrated into the wider economic community.

    The East Africa Trade and Invest. . .

  • German Investors in Three Day Visit, Explore Zim Opportunities

    Posted on :Tuesday , 20th October 2015

    A GERMAN business delegation led by the head of the German African Business Association, Christoph Kannengiesser, is visiting Zimbabwe on a three day mission beginning Monday October 19, 2015.

     
    According to a statement released by the Germany embassy in Harare, the program of the visit comprises meetings with government representatives, a business roundtable and a wo. . .

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