US Trade Rep Nominee promises to review US-Kenya Trade Deals
US Trade Representative Nominee Katherine Tai has told a US Senate Finance Committee that she will review all trade agreements between the US and Kenya if the US Senate confirms [...]
Tripartite Free Trade Area Sets New Deadline for Ratification
The Tripartite Free Trade Area (TFTA), a tripartite group of regional economic communities in eastern and southern Africa, have set June 2021 as the new deadline to achieve the threshold [...]
Kenya UK Trade Pact Births Duty-Free British Products
The Kenya UK trade pact has opened doors for British firms to ship in goods, duty-free, for 25 years. The goods, both finished and unfinished, exclude agricultural and industrial [...]Chinese Imports to Kenya Decline to KSh361.5 Billion
China is the largest importer of goods into Kenya. In the past year, the value of imports from China fell by KSh15 billion to KSh361.5 billion from KSh376.7 billion in [...]
Lockdowns, Low Airfreight to Hit Kenya's Valentine Flower Sales
Kenyan flower farmers are staring at reduced business this year. This is as reduced airfreight capacity and lockdowns in crucial European markets threaten to hurt Kenyan flower sales during Valentine's [...]January Inflation Increases to 5.69% Following a Slight Uptick in Food, Transport Prices
Kenya recorded a slight increase in January inflation rate following an increase in food and transport cost. Inflation for the past month increased from 5.62% in December 2020 to 5.69% [...]Somalia Lifts Ban on Importation of Miraa from Kenya
Somalia's federal government has lifted the one-year-long ban on miraa imports from Kenya. It has, however, imposed certain conditions for the commodity to be admitted in the country. This means [...]Trading Under the AfCFTA Takes Effect
Trading under the African Continental Free Trade Agreement (AfCFTA) begins today, unlocking opportunities for liberalized trade for the continent's private and public sectors. The trading, scheduled to start in July 2019 delayed [...]Africa to record first recession in 25 years, says report
Africa is set to record its first recession in a quarter of a century as the COVID-19 pandemic threatens trade and growth gains. A depressed global economy, forecast to contract [...]UK to Suspend Tariffs on US Goods WEF 1st January 2021
The United Kingdom (UK) has announced plans to drop tariffs against the US over aerospace firms' subsidies, even as they seek to reach a post-Brexit trade deal with Washington. The [...]Court Halts Kenya 25% Tax on Imported Glass Bottles
TheEast African Court of Justice(EACJ) has suspended Kenya’s decision to impose a 25% tax on imported glass bottles, following an application in which Tanzania’s Kioo Limited claimed the Kenya government’s [...]Kenya's Sugar Sector Gets Additional 2-year COMESA Sugar Imports Safeguard
Kenya's stagnant sugar industry has received another reprieve. This is after the Common Market for Eastern and Southern Africa(COMESA) regional trading block granted it a two-year extension of the sugar [...]
