Market News | INDUSMACH Kenya 2019

Market News

  • SA Targets Greater Kenya Trade, Investment

    Posted on :Monday , 21st November 2022

    South Africa plans to prioritize its economic relationship with Kenya to boost trade and investment, Trade, Industry and Competition Minister Ebrahim Patel said.


    Trade between the 2 countries last year was only R6.5 billion, which was “not sufficient,” Patel said at a business forum in the Kenyan capital, Nairobi, on 2nd November.

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  • Kenya Plans to Become Manufacturing Base For US Companies

    Posted on :Friday , 23rd September 2022

    Kenya is looking to become a manufacturing hub for American companies that are to relocate or diversify out of China, the Business Daily newspaper reported.


    Kenya has long sought a free trade agreement with the US. Initial discussions started in August 2018 and in July 2020, the 2 countries formally launched negotiations for a free trade agreement.


    Industri. . .

  • Nairobi Ranked 5th in Africa’s Dollar Millionaires

    Posted on :Friday , 23rd September 2022

    Kenyan capital, Nairobi has been ranked 5th in terms of the number of dollar millionaires in Africa in a report by research firm New World Wealth and Henley & Partners.


    The latest Henley Global Citizens Report, which tracks private wealth migration trends worldwide, shows Nairobi has 5,000 high net worth individuals (HNWI) with at least dollar 1 million.


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  • Qatar, Kenya Discuss Bilateral Relations

    Posted on :Friday , 18th February 2022

    Undersecretary of the Ministry of Commerce and Industry H E Sultan bin Rashid Al Chapter met with Deputy Minister of Trade and Industrialization of the Republic of Kenya H E Lawrence Karanja during the latter’s current visit to Qatar.


    During the meeting, the officials touched on the bilateral relations between the 2 countries in the commercial, industrial a. . .

  • Kenya & Barbados Sign Bilateral Trade Agreements

    Posted on :Friday , 22nd October 2021

    Kenya and Barbados have signed 3 key bilateral agreements for cooperation in aviation, environmental conservation, trade and investment.


    President Uhuru Kenyatta and Prime Minister Mia Amor Mottley witnessed the signing of an air services agreement, a MoU on the development of the national botanical garden of Barbados, and another one on the establishment of a Joint Committee. . .


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