International news agency

Search Results for: Kenyan

10 results out of 70 results found for 'Kenyan'.

CONCERN RISES IN KENYA OVER IMPENDING END TO DUTY-FREE TRADE STATUS

CONCERN is growing in Kenya that its meat and livestock industry will be kicked out from the European Union’s EU) ‘market access regulation’ (MAR) from October 1, which has granted its exporters duty-free and quota-free access to EU consumers and businesses since 2008.…

Read more

KENYA – TURKEY TEXTILE COOPERATION TO INTENSIFY THROUGH TRADE AGREEMENT

The Kenyan textiles and apparels industry has welcomed an anticipated trade deal between Kenya and Turkey designed to boost annual trade volumes between the two countries to USD1 billion, up from the prevailing USD144 million. The Kenya Association of Manufacturers (KAM), an umbrella body that represents firms across the industrial sector in Kenya, sees this as a reinforcement of long standing trade partnership between Kenya and Turkey, as well as a win for textiles.…

Read more

MOBILE MONEY BOOMS, GIVING MONEY LAUNDERERS NEW MEANS TO CLEAN CRIMINAL PROCEEDS

MOBILE money transactions surged in 2015 across the world – increasing by 31% to reach 411 million mobile money accounts, and this is a critical platform for expanding financial inclusion globally, according to GSMA, a UK-based global mobile industry association, in its February 2016 annual report on the ‘State of the Industry Report on Mobile Money’. …

Read more

FRONTIER SOURCING – NEW MANUFACTURING HUBS OFFER INCREASINGLY RELIABLE SERVICE.

Regardless of the debate about whether China is losing its shine as a clothing source, brands will always be looking for a competitive edge in new manufacturing hubs.

Myanmar’s low wage garments sector, for instance, is poised for rapid growth. The country’s first democratically elected government in 50 years is set to assume power in April and several reforms have already been made to bolster the country’s appeal as a sourcing destination for international clothing brands.…

Read more

CHINESE PHARMA COMPANIES EYE INVESTMENTS IN SUB-SAHARAN AFRICA, BUT THE GOING IS TOUGH

China pharmaceutical industry investors want to help sub-Saharan African countries meet growing domestic demand for medicine in return for tax breaks and private-public partnership initiatives. But there are difficulties – including product quality and standards issues that impede the flow of Chinese Yuan into African pharma production.…

Read more

KENYA’S CONSTRUCTION BOOM HOLDS PROMISE FOR PAINT AND COATINGS MANUFACTURERS

Kenya is the third largest market for industrial paints and coatings in sub-Saharan Africa, ranking behind South Africa and Nigeria, according to regional analysis conducted by market researchers Frost & Sullivan.
According to their report, released last May (2014), the three countries are projected to have a joint market volume of over 140 million litres for industrial paints and coatings by 2017.…

Read more

EAST AFRICA SHOWS PROMISE AS NEW REGIONAL SOURCING HUB

East Africa is emerging as an attractive sourcing alternative for apparel and textile producers around the world as costs in Chinese outsourcing centres rise especially. With cheaper labour and resources, the region has already attracted foreign investment, particularly from Asia.

International apparel and textile producers are looking hard at Ethiopia as an attractive production and sourcing destination.…

Read more

SUB-SAHARAN AFRICA PERSONAL CARE PRODUCT MARKET IS KEY GLOBAL GROWTH ZONE

One of the biggest expanding markets for cosmetics and personal care products is sub-Saharan Africa. A key exporter to the region, L’Oréal has estimated that the overall African beauty and personal care market generated EUR6.93 billion (USD8.61 billion) in 2012, growing at between 8% and 10% annually, compared to a global market growth rate near 4%.…

Read more

AFRICAN APPAREL AND TEXTILE SECTOR NEEDS COOPERATION AMONG NATIONAL INDUSTRIES TO THRIVE

GREATER integration and cooperation among African states is needed to boost business and investment in the cotton, textiles and apparel sector of the continent, a three-day industry conference in Nairobi, Kenya, was told.

The Origin Africa event from November 10-12 brought together clothing and textile industry players and experts heard that national cotton apparel and fabric sectors within Africa were duplicating products when a collaborative approach could be more effective.…

Read more

EUROPEAN TRADE DEAL WITH EAST AFRICAN COMMUNITY SET TO INCREASE MEAT AND LIVESTOCK TRADE

KENYA’S meat industry is worried that east Africa’s meat and livestock sector could suffer from the impact of subsidised European Union (EU) exports now a trade deal has been agreed between the EU and the East African Community (EAC).

Speaking days after an Economic Partnership Agreement (EAP) has been agreed between the two, Qalicha Wario, chief executive officer of the Kenya Livestock Marketing Council, warned: “I think that if they give a subsidy of 80% per cent [to EU farmers] it is not fair.”…

Read more