East Africa Trade -Investment Advisory

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Vietnamese steel giant eyes Kenya entry 20/08/2020

https://www.businessdailyafrica.com/markets/commodities/Vietnamese-steel-giant-eyes-Kenya-entry/3815530-5611320-vr4e7s/index.html

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 20/02/2020

https://www.businessdailyafrica.com/corporate/companies/Changes-as-Barclays-rebrands-to-Absa/4003102-5451004-w6rbcl/index.html

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 20/02/2020

https://www.businessdailyafrica.com/corporate/companies/Safaricom-to-consider-Huawei-as-supplier-for-5G-network/4003102-5461856-q3d4gqz/index.html

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 20/02/2020

https://www.businessdailyafrica.com/markets/marketnews/Multinationals-drive-office-space-demand/3815534-5461636-he1h3rz/index.html

Multinationals drive office space demand Provision of serviced offices enabled multinational firms to move in fast and start operations in Nairobi.

EABL half-year profits rise by 33pc 04/02/2019

https://www.theeastafrican.co.ke/business/EABL-half-year-profits-rise-by-33pc/2560-4965576-io1g5j/index.html

EABL half-year profits rise by 33pc Brewer says growth is a result of stable operating environment in the region and brand investment.

Tanzania makes gains in investor confidence 24/10/2017

http://www.theeastafrican.co.ke/business/Tanzania-slight-gains-in-investor-confidence/2560-4147110-ypto3p/index.html

Tanzania makes gains in investor confidence Country's competitiveness to investors slightly improves thanks to the crackdown on corruption.

Tanzania’s trade deficit shrinks by $580m 24/10/2017

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.

US firm puts Equity Bank deal on hold for election 24/10/2017

http://www.businessdailyafrica.com/markets/news/US-firm-puts-Equity-Bank-deal-on-hold-for-election/3815534-4152510-jwry41z/index.html

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.

Looming risks as Kenya, Tanzania debt levels rise 24/10/2017

http://www.theeastafrican.co.ke/business/Looming-risks-as-Tanzania--Kenya-debt-levels-on-the-rise/2560-4153072-hwx7egz/index.html

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 31/07/2017

http://www.theeastafrican.co.ke/business/Uganda-large-infrastructure-projects/2560-4033776-12y0h8yz/index.html

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 31/07/2017

http://www.theeastafrican.co.ke/business/Tanzania-Uganda-dig-in-on-mitumba-ban/2560-4033344-gt0kbaz/index.html

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 31/07/2017

http://www.theeastafrican.co.ke/business/Safaricom-share-hits-all-time-high/2560-4038882-e0jfpyz/index.html

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 31/07/2017

http://www.theeastafrican.co.ke/rwanda/News/Phase-II-of-special-economic-zones-to-add-6000-jobs/1433218-4038530-12lwmkkz/index.html

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.

Dar, Barrick Gold start discussions over tax row 31/07/2017

http://www.theeastafrican.co.ke/news/Tanzania-Barrick-gold-start-discussions-over-tax/2558-4039664-srwuis/index.html

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.

IATA rates Kenya highly on visa openness 22/06/2017

http://www.businessdailyafrica.com/corporate/IATA-rates-Kenya-highly-visa-openness---/539550-3979880-2pt2ms/index.html

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.

Cape-to-Cairo free trade area closer 22/06/2017

http://www.theeastafrican.co.ke/business/South-Africa-to-Egypt-free-trade-area-closer-/2560-3981584-66mroc/index.html

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.

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