East Africa Trade -Investment Advisory
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Trans National Plaza
Utawala
North Wing/Mama Ngina Street
Kimathi Street
Portal Place
Kaunda Street
Kimathi House
City Hall Annex
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MWANGI: Why Equity is keen on tightening grip on DR Congo market Equity Group’s CEO James Mwangi reveals why the mineral-rich country is a key cog to its growth plans.
Pandemic to sink over 13m Africans into extreme poverty Market disruption and job losses are largely to blame for the current hard times.
Vietnamese steel giant eyes Kenya entry Vietnamese steel maker Hoa Phat Hung Yen Steel Limited has signed a number of contracts to export to Kenya rolled steel billets as it eyes a slice of the local market.
Changes as Barclays rebrands to Absa Barclays on Monday advised its customers to be alert against fraudsters as it completed its legal name change to Absa Bank Kenya.
Safaricom to consider Huawei as supplier for 5G network Safaricom will consider awarding a contract to China’s Huawei as it rolls out its fifth generation (5G) network this year.
Multinationals drive office space demand Provision of serviced offices enabled multinational firms to move in fast and start operations in Nairobi.
New rules see multinationals give up majority stakes in TZ Some are calling the changes in law and tax demands ‘unreasonable demands.’
EABL half-year profits rise by 33pc Brewer says growth is a result of stable operating environment in the region and brand investment.
Battle for US skies: Ethiopian Airlines ups the stakes Africa’s top carrier will introduce three-times-a-week flights to JFK.
Kenyan firm buys TZ cashews for Sh18bn Indo Power is not known to trade in or process cashewnuts.
EAC approves individual trade pacts with EU The agreement was reached at the summit in Arusha, Tanzania
Tanzania makes gains in investor confidence Country's competitiveness to investors slightly improves thanks to the crackdown on corruption.
http://www.theeastafrican.co.ke/business/Tanzania-trade-deficit/2560-4149680-769s81z/index.html
Tanzania’s trade deficit shrinks by $580m Central bank says drop due to fall in imports and rise in secondary income inflows.
Banks lay off 1,933 staff on rates cap Employees were shed from both management and non-management positions
US firm puts Equity Bank deal on hold for election Fenix International that was set to partner with Equity Bank has suspended investment plan for Kenya as it awaits clarity on the political front.
Air arrivals to Africa register 13 percent increase Major growth has been recorded in terms of international flight arrivals at African airports.
Looming risks as Kenya, Tanzania debt levels rise In the past year to June, Kenya has taken on $7.6 billion, and Tanzania’s debt has risen by $1.12 billion.
Hima upbeat for Uganda’s big projects Under an MoU, Hima will in five years supply 30,000 tonnes of cement for the Entebbe Airport expansion works
Tanzania, Uganda dig in on ‘mitumba’ ban African cotton and textile industry trade association denies contravening Agoa rules, defend import barriers
Safaricom share hits all-time high Telco operator becomes first listed company in Kenya to touch the Ksh1 trillion mark in market valuation during trading
Phase II of special economic zones to add 6,000 jobs Chinese firms have invested over $14.4million in the special economic zone, making them the largest foreign investors in the area.
Nairobi, Dar to hold talks on long standing trade disputes Kenya has lifted a ban on Tanzania gas, paving the way for talks.
Dar, Barrick Gold start discussions over tax row The government insisted on meeting with Barrick officials, it does not recognise Acacia, as it is not registered in Tanzania.
KQ debt swap reveals bank loans pricing Local banks read from different scripts when analysing carrier’s risks.
RVR loses fight to save 25-year railway contract The decision was reached by consent between RVR and Kenya Railways at the High Court today
IATA rates Kenya highly on visa openness The country is ranked 10 out of 37 countries for visa openness and 31st for cost competitiveness in the continent.
Tanzania govt respite for alcohol sellers Tanzania banned production and consumption of spirits packed in sachets.
Cape-to-Cairo free trade area closer Implementation of TFTA would open the door for EAC goods, which would not have had access to some African markets.
Ethiopian Airlines in jet deals with Boeing, Airbus, Bombardier Ethiopian wants to increase revenue to $10 billion by 2025 and expand its fleet to 140 aircraft
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