Market News | Indusmach Kenya 2026

Market News

  • China to Place Zim On Investment \'Priority List\'

    Posted on :Wednesday , 2nd December 2015

    Happiness Zengeni and Tinashe Makichi Zimbabwe's economic fortunes are set to change dramatically once it is admitted into an exclusive group of countries being targeted by China for investment.

     
    International Co-operation Centre-National Development Reform Commission of China director-general Dr Cao Wenlian told a China-Zimbabwe Business Forum yesterday that China w. . .

  • Crown Paints to construct a manufacturing plant in Kenya

    Posted on :Saturday , 28th November 2015

     Crowns Paints Kenya Ltd is planning to construct a factory in the Western Kenya that will help reduce cost of transporting paint from its Nairobi plant.

     
    The new plant which is also expected to help increase the output of the company will cost US$ 4m for it to be complete.
     
    Chief Executive of Crown Paints Rakesh Rao confirmed the r. . .

  • East Africa businesses get help to tap American market

    Posted on :Monday , 23rd November 2015

     Major plans are underway to boost the capacity of micro, small and medium-sized enterprise players to enable them leverage on the African Growth and Opportunities Act (Agoa) through exports to the US market.

     
    Experts say that despite the recent Agoa Extension and Enhancement Act of 2015, giving Kenya the opportunity to increase its trade volumes with the US, th. . .

  • Kenya to allow foreign firms to retain full ownership

    Posted on :Saturday , 21st November 2015

     Kenya plans to reform its company law in order to allow foreign firms to establish local branches that can own 100 percent, a senior official said on Monday.

    Cabinet Secretary for Industrialization and Enterprise Development Adan Mohamed said during a business forum in Nairobi that Kenya recognizes the role that foreign capital plays in the economic development of the country an. . .

  • Four industrial parks in East Africa to be contracted

    Posted on :Friday , 20th November 2015

     Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed.

     
    Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern town of Dire Dawa, Kombolcha and Mekelle in the country’s Nor. . .

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