Market News | INDUSMACH Kenya 2019

Market News

  • Manufacturing Industry Is Expected To Contribute To The Growth Of The GDP. By 2030

    Posted on :Wednesday , 26th April 2023

    By 2030, the manufacturing sector is anticipated to drive GDP growth. The growth domestic product (GDP) of Kenya is expected to increase by 15% by 2027 and 20% by 2030 as a result of the manufacturing sector.


    According to the finance ministry, the nation's economy will rise by 5.3% in 2022 and 6.3% in 2023.The Ministry of Investments, Trade, and Industry is taking the necessa. . .

  • Uganda, Kenya Sign New Trade Agreement

    Posted on :Thursday , 30th March 2023

    The Permanent Secretary in the Ministry of Finance, Planning and Economic Development, Mr Ramathan Ggoobi, has met with Kenya’s Cabinet Secretary for Investments, Trade and Industry, Mr Moses Kuria, to discuss and facilitate regional co-investment opportunities in strategic sectors.


    In the meeting held in Nairobi, Kenya, on 28th March, the 2 focused on mutu. . .

  • Kenya Eyes More Regional Trade after Pact with Two Blocs Kicks Off In March

    Posted on :Thursday , 26th January 2023

    Kenya could soon start exporting its goods outside the East African Community (EAC) market with the implementation of a tripartite agreement that is expected to be implemented in March this year.


    The free trade pact that brings together 3 regional business blocs the Common Market for Eastern and Southern Africa (Comesa), EAC and South African Development Community, was mooted. . .

  • KNCCI Boss Richard Ngatia Lauds Kenya, DR Congo Trade Ties

    Posted on :Thursday , 26th January 2023

    Business persons from Kenya and the Democratic Republic of Congo (DRC) recently met to discuss trade opportunities under the theme ‘unlocking trade opportunities in East Africa and the Region’.


    The meet was organized by the Kenya National Chamber of Commerce and Industry (KNCCI) in collaboration with the East Africa Chamber of Commerce an. . .

  • Ghana, Kenya Bolster Historic Ties

    Posted on :Friday , 23rd December 2022

    Ghana will continue to build up its economic corporation with Kenya by harnessing the potential of intra-Af¬rican trade, the Deputy Minister for Tourism, Arts and Culture, Mr Mark Okraku Mantey has said.


    “The African Continental Free Trade Area AfCFTA headquartered in Accra, provides yet another incen¬tive to build up economic corpo&Ac. . .


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