Market News

 Gauteng will focus on manufacturing to revive its industrialisation. "While the orientation of the economy has shifted towards business and finance services, manufacturing still forms the cornerstone of the province's plans to fight unemployment, poverty and inequality," Gauteng MEC for Econo . . .

 Turkey’s moves to gain more influence in African trade are “at the point of no return” and “should go on” despite the presence of giant competitors on the continent. This was the view of economic analysts speaking ahead of President Recep Tayyip Erdoğan&rs . . .

 Norwegian paint maker, Jotun, has announced a Shs250million investment in Kenya as it strives to increase its market presence and grow its business in the country and East Africa region. The funds are already being invested in setting up regional offices in Nairobi, a warehouse and recruiting . . .

 China and Kenya have agreed to extend their ‘industrialisation partnership’ with a new focus on technology transfer and more Chinese involvement in infrastructure development.21 Jan 2015 The agreement came as China’s foreign minister Wang Yi visited Kenya’s capital Nai . . .

 The Netherlands Trust Fund III (NTF III) Export Sector Competitiveness Programme, a three-year, multi-phase Dutch-backed project with the International Trade Centre (ITC), has completed the company selection process for the projects in Kenya and Uganda. 33 Kenyan and 30 Ugandan companies were . . .