Market News | KITE 2019

Market News

  • Kenya and Tanzania are pushing to resolve their long-standing trade disputes

    Posted on :Tuesday , 11th June 2019

    Trade officials from the two countries held bilateral meetings in Arusha, in April, to try and determine and solve the many disputable trade issues, including rules of origin for some products and constant suspicion over the quality of products traded all over the borders.

     
    People familiar with the negotiations told The East African that the first bilateral meeting w. . .

  • Italian Printing Giants 'Durst' Seeks New Business Opportunities in Africa

    Posted on :Wednesday , 29th May 2019

    Pyrotec PackMedia invested in an eight-color digital label press from Durst, a manufacturer of digital printing and manufacturing technology, bringing the Durst Tau 330 RSC into the African market for the first time. This latest addition of machinery opens up a new digital future with Durst technology and will play an important role in the latest digital label printing business venture of the c. . .

  • China's Weeco Recycling Opens New Plastic Recycling Plant in Kenya

    Posted on :Wednesday , 29th May 2019

    A China based recycling firm recently opened a new plastic waste recycling plant in eastern Kenya investing 4.5 billion shillings (US$ 45 million)  to help curb environmental degradation.

    Weeco Recycling Company, which processes 2,000 tons of PET bottles each month and recycles them into pellets and polyester fiber, announced the establishment of two plants in the East African coun. . .

  • Nigerias Kews Garden Plans To Enter Into The International Market

    Posted on :Thursday , 23rd May 2019

    Kews Garden Limited, a Nigerian fishing company, has launched a new fish product under the brand ‘Mackerel Butter’ amid its plans to export fish and fish products into the international market.

    Speaking during the launch of the product Mrs Nnenna Anekwe said that the firm has concluded plans to begin the export of processed mackerel fish butter t. . .

  • Nigerian Breweries Achieves 57% Local Sourcing Of Raw Materials

    Posted on :Thursday , 9th May 2019

    The Nigerian Breweries (NB) Plc says it has achieved 57% of its 60 per cent 2020 target for local sourcing of raw material for production.

    According to Sade Morgan, Corporate Affairs Director, local sourcing was an integral part of the company’s long term sustainability agenda as it remains at the heart of the company’s operations.

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