Kenyan Trade Lobby To Promote Imports Of Chinese Machinery To Boost Industrial Sector

Posted on :Thursday , 24th June 2021

The Kenya National Chamber of Commerce and Industry (KNCCI), a business trade lobby, plans to promote imports of advanced Chinese machinery in order to boost the country's industrial sector, an official said on 2nd June 2021.

Kariuki Theuri, chairman of economic diplomacy committee with KNCCI, told journalists in Nairobi that Kenya heavily depends on foreign manufactured good. . .

Kenya: Mwatate Traders to Benefit From Sh50 Million Modern Market

Posted on :Friday , 7th May 2021

Traders in Mwatate town, Taita Taveta are set to benefit from a Sh 50 million market under construction in partnership between the county government and the World Bank.

The project implemented through the Kenya Urban Support Programme is set to be completed before the end of this financial year 2021 to accommodate over 200 small-scale traders in the area.

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Hope For Kenya-US Trade Deal As Talks Resume

Posted on :Friday , 7th May 2021

Kenya and the United States have resumed talks on the Free Trade Agreement which was ongoing since last year.

Betty Maina, Kenya's Trade Cabinet Secretary and Katherine Tai, US Trade representative held talks that focussed on the importance of the trade relations between Kenya and Africa as important partners to the United States.

The bilateral trade talks . . .

Safaricom Market Cap Crosses Ksh 1.5 Trillion

Posted on :Friday , 19th February 2021

Kenya’s largest listed company hit a market capitalization Ksh 1.52 Trillion after the company’s shares touched a new record high of Ksh 38.

On 11th Feb, the Nairobi Securities Exchange listed firm announced it was paying an interim dividend of KSh 0.45 per ordinary share, amounting to KSh 18.029 Billion for the year ended 31st March 2021. The company’s boar. . .

Kenya & United Kingdom Sign Trade Agreement

Posted on :Monday , 11th January 2021

Kenya and the United Kingdom on 8th December 2020 formally signed a trade agreement in London.

Betty Maina, Trade cabinet secretary signed on behalf of Kenya while Ranil Jayawardena, international trade minister signed on behalf of the UK.

The trade deal will enable Kenyan exporters to continue accessing the UK market under a duty free, quota-free arrangeme. . .