Market News

UK Firm Ready to Build Iron Smelter in Chambishi
UK Firm Ready to Build Iron Smelter in Chambishi
20 January 2016

A United Kingdom (UK)-based company has expressed interest in putting up an iron smelter at the Chambishi Multi-Facility Economic Zone (CMFEZ).   Zambia-China Economic and Trade Corporation spokesperson Stephen Lindunda said in an interview that the UK-based company was interested in establis . . .

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IMF Puts Kenya Growth At 5.6 Percent
IMF Puts Kenya Growth At 5.6 Percent
20 January 2016

 Kenya's economy will grow at 5.6% slower than earlier projected, but several major infrastructure projects will help to shore up its prospects.   'The economy is projected to continue to expand robustly, although at a slower-than-projected pace. Real GDP is projected to grow by 5.6 perc . . .

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CEOs Place Kenya Among Top Investment Places
CEOs Place Kenya Among Top Investment Places
20 January 2016

 Global logistics executives have ranked Kenya among the top promising investment markets in Africa, after South Africa and Nigeria.   A report titled Agility Emerging Markets Logistics Index 2016 says a fast-growing middle class and the demand for mineral resources are important growth . . .

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Bouyant Hardware Sector Awaits Taiwan Hardware Show\'s 16th return
Bouyant Hardware Sector Awaits Taiwan Hardware Show\'s 16th return
18 January 2016

Asia’s premium hardware event, the Taiwan Hardware Show (THS) will come back in high momentum this 12 to 14 October 2016 as promising market developments reign. Brought together for the 16th time by Taiwan’s leading trade fair organizer, Kaigo Co., Ltd, the exhibition will be staged at t . . .

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East Africa Marching Towards Industrial Development
East Africa Marching Towards Industrial Development
16 January 2016

 The secret behind becoming prosperous, ensuring a turnaround in lifestyle, among others, resides in spurring industrial development. Although many developing countries envisage to become industry hubs, they fail to adopt the right policies and strategies. Constrained by lack of financial muscl . . .

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