Market News

Kenya Takes Steps to Re-establish Its Local Textile Industry
Kenya Takes Steps to Re-establish Its Local Textile Industry
19 May 2023

Kenya as of late said ranchers will get free synthetic compounds and preparing to guarantee most extreme yield and the public authority is supposed to give an adequate number of unrefined components to the material business. The state division for industrialization, the service of agribusiness . . .

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KAM CEO Antony Mwangi's Assessment of the 20by30 Agenda
KAM CEO Antony Mwangi's Assessment of the 20by30 Agenda
26 April 2023

The William Ruto organization has set an objective for the assembling area's commitment to the GDP — a proportion of public financial result — to significantly increase from 7.2 percent in 2021 to 20 percent in 2030. The drive named Kenya Assembling 20by30 targets expanding "on valuable ope . . .

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Manufacturing Industry Is Expected To Contribute To The Growth Of The GDP. By 2030
Manufacturing Industry Is Expected To Contribute To The Growth Of The GDP. By 2030
26 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 . . .

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Uganda, Kenya Sign New Trade Agreement
Uganda, Kenya Sign New Trade Agreement
30 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 me . . .

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Kenya Eyes More Regional Trade after Pact with Two Blocs Kicks Off In March
Kenya Eyes More Regional Trade after Pact with Two Blocs Kicks Off In March
26 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 an . . .

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