Market News
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Kenya\'s Exports to Go Up By Sh10 Billion
Posted on :Friday , 4th December 2015
Kenya's manufacturing sector is set to get a new growth stimulus when an Africa-wide trade pact that could provide access to a big market is implemented.
In June, African leaders signed a 26-nation pact -- the Tripartite Free Trade Agreement (TFTA) -- to create a common market covering half of the continent.As the regional trade integ. . .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. . .Please Select an Option
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