Market News

The East African Business Council all set to boost regional trade
The East African Business Council all set to boost regional trade
2 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 i . . .

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East Africa Investments grow by sh9 trillion
East Africa Investments grow by sh9 trillion
2 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 regist . . .

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Kenyan government to establish modern centre to support investors
Kenyan government to establish modern centre to support investors
2 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 m . . .

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Firm invests Sh2.2b into African factory
Firm invests Sh2.2b into African factory
31 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 Secretar . . .

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Over 100 investors eye African Upcoming Project
Over 100 investors eye African Upcoming Project
31 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 i . . .

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