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  • Industrial technology is raisining Kenya�s GDP

    Posted on :Monday , 1st February 2016

    The word ‘economy’ has connotations of big business, office-based industry and online-based markets

    Kenya John WollwerthMobile technology is important in Kenya with 82 per cent of the population owning a mobile phone.
    Economies like the US and the UK are largely based on retail and the service sector, providing a strong flow of GDP and adding to growth. For Ken. . .

  • Exports hold the key to Kenya�s economic take-off

    Posted on :Monday , 1st February 2016

     Kenya’s import orientation has revealed key flaws. One clear problem is having a chronic and substantial current account deficit.

     
    Secondly the government has to be hawk-eyed about the shilling depreciation to keep import bills manageable. Third, the country is unable to generate forex to pay foreign-denominated debt.
     
    Finall. . .

  • East Africa and China deepen ties, sign trade agreement

    Posted on :Friday , 29th January 2016

     Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report

    Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016 
    The trade zone is expected to cover an area of . . .

  • East Africa and China deepen ties, sign trade agreement

    Posted on :Friday , 29th January 2016

     Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report

    Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016 
    The trade zone is expected to cover an area of . . .

  • Himoinsa to launch new products and expand presence in 2016

    Posted on :Thursday , 28th January 2016

     Spanish genset manufacturer Himoinsa’s turnover in 2015 grew by 15 per cent, with strong sales figures coming in from the Middle East, Africa, Asia Pacific and Europe

     
    While Europe emerged a key market contributing 37 per cent of the total turnover, America followed with a 26 per cent share and Asia Pacific with a 17 per cent share. The Middle East and Af. . .

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