Kenya Seeks More Market Access To The EU Market
Kenya is seeking more market access to the EU market. With this, Kenyan exporters will have to diversify export products and increase value addition in order to ease the trade [...]
Big Opportunities for Kenya after Brexit
UK companies are looking at Kenya and the rest of Africa as they seek new markets and trading partners. This follows UK's exit from the European Union (EU). A recent [...]
Mombasa Tea Auction Digitization Underway
TradeMark East Africa (TMEA) has partnered with the East African Tea Trade Association (EATTA) to digitize the weekly Mombasa tea auction. The partnership seeks to automate the trade through the [...]Kenya Seeks to Expand and Deepen Trade with the US
President Kenyatta will be travelling to the United States next week seeking to expand and deepen trade relations. Bloomberg reports that the US and Kenya will announce a free trade [...]
How important Global Value Chains are to development in Africa
The Africa Media Hub Strathmore University Business School (SBS) held its first monthly Breakfast meeting on 22nd January 2020 with Pinelopi Koujianou Goldberg Chief Economist, World Bank Group as the Guest Speaker. She [...]Loan Repayments to China to Double to KSh71 Billion as Kenya Starts Repaying SGR Loan
Kenya's loan repayments to China for the current financial year will jump from KSh31 billion to KSh71.4 billion as Kenya starts repaying the SGR loan. Taxpayers will shoulder part of [...]The World’s Biggest Free Trade Area to Launch in July
The much anticipated African Free Trade Zone – the world’s largest trade zone – is set to launch in July this year. It will be a major development for the [...]
Naivas Outbids Tuskys, Chandarana to Acquire Nakumatt's Assets amid its Liquidation
Naivas has successfully acquired assets of former retail giant Nakumatt, spending KSh422 million for the deal. The retailer now owns six Nakumatt stores valued at almost five times their worth. [...]Continuing to Trade During Uncertainties
We live in an unprecedented time. The World Health Organization declared Covid-19 a pandemic in early March. Ever since then, the world has changed, including the markets which call for [...]
Zambia Suspends 15% Export Duty on Gemstones
Zambia has announced that it will suspend its 15% export duty on gemstones, with effect from 1st January 2020. Initially, the government had introduced the export duty, alongside a 6% [...]Nakumatt Bows Out of Prestige Mall as Naivas Takes Over
Nakumatt recently closed its Prestige branch, leaving the once supermarket giant with only three outlets. Moreover, the retailer is also en route to closing the remaining branches. An employee toldSoko [...]Nigeria to Roll Out Visa on Arrival for Africans in 2020
Nigeria is set to roll out the visa on arrival for all Africans entering the country, with effect from January 2020. The move is aimed at supporting the free movement [...]
