Market News
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The East African Business Council all set to boost regional trade
Posted on :Friday , 2nd January 2015
This will be promoted within the business community in the EAC Partner States and is expected to guide the private sector in provision and acquisition of services across the region, Andrew Luzze, the Executive Director East African Business Council, has said.
The new code of conduct is expected to be ready by April 2015.“T. . .East Africa Investments grow by sh9 trillion
Posted on :Friday , 2nd January 2015
The growth, which was mostly driven by a boom in finance, insurance and real estate, accounted for 44% of actual investments, the Uganda Investment Authority (UIA) has said.
Addressing journalists in Kampala recently, the executive director of UIA, Dr. Frank Ssebowa, said the authority registered an 8% growth in actual investments to $46.8m, compared to $43m recorded in the prev. . .Kenyan government to establish modern centre to support investors
Posted on :Friday , 2nd January 2015
The centre – one of the latest moves by the Government to make Kenya investor-friendly – will bring Government ministries and agencies involved in investment facilitation under one roof.
“Our intention is to second senior officers to the Centre with sufficient authority to make decisions. I have directed the Ministry of East African Affairs and other Minis. . .
Firm invests Sh2.2b into African factory
Posted on :Wednesday , 31st December 2014
African EPZ factory commenced operations last week. Located in Mtwapa, Kilifi County, the new factory will manufacture garments for the international market.
Speaking during the official opening of the $25 million (Sh2.2b) factory, Industrialisation and Enterprise Development Cabinet Secretary Adan Mohamed, said the opening of the facility has already created 3,000 direct jobs w. . .Over 100 investors eye African Upcoming Project
Posted on :Wednesday , 31st December 2014
The ranch covering 1.78 million acres is located between Rivers Galana and Tana, which have adequate flow to supply water for irrigation.
Agriculture Principal Secretary Sicily Kariuki said the project to ensure a million acres have been irrigated by 2017, has seen various investors express interest. “Over 100 investors have expressed interest in writing since last y. . .Please Select an Option
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