Search Results for: Kenyan
10 results out of 98 results found for 'Kenyan'.
MIDDLE CLASS STILL DRIVING DEMAND FOR DEODORANTS IN KENYA
THE EVER-intensifying skyline of Nairobi, Kenya’s capital city, illustrates the rapid economic growth of this equatorial East African country, and its growing workforce is increasingly keen to buy deodorants to keep them dry and comfortable in the office and outside.
An increased focus on banking, industry, manufacturing and construction have raised the country’s gross domestic product (GDP) by 5.3% year-on-year in 2014 and 5.6% in 2015 (Deloitte Economic Outlook 2016).…
IPSAS SET TO STANDARDISE KENYAN GOVERNMENT’S FINANCIAL PROCEDURES
KENYA is east Africa’s economic dynamo and what happens in this jurisdiction has a lot of influence over government policy in neighbouring countries. So, the fact that the Kenyan government is now pushing hard on installing detailed public accounting standards, following in the footsteps of next-door Tanzania – is important.…
DEMAND FOR NON-WOVENS INCREASING IN MIDDLE EAST AND AFRICA, BUT LOCAL PRODUCTION CAN BE LACKING
THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…
AFRICA DIASPORA UNIVERSITY CONFERENCE
KENYA’S EDUCATION MINISTER CALLS FOR LESS GOVERNMENT MEDDLING IN AFRICAN UNIVERSITY MANAGEMENT
Kenya’s education minister has called for African governments to pull away from direct management of their country’s universities, saying such meddling is unnecessary and can hinder the development of effective management.…
KENYA PAINT MARKET AND INDUSTRY GROWING INTI KEY EAST AFRICAN HUB
KENYA has long been regarded as east Africa’s economic powerhouse, with residential and industrial construction boosting sales of paints and coatings – and for now there seems to be no halt in this progress. Indeed, the last World Bank assessment of growth in this 45 million people country was that GDP rose by 5.6% in 2015.…
SUB-SAHARAN AFRICA CONTINUES TO OFFER GLOBAL COSMETICS SECTOR PROSPECT FOR RAPID GROWTH
SUB-Saharan Africa offers the personal care product a real chance to see solid and steep growth in sales in upcoming years, with the region’s middle class growing in size and prosperity, served by international brands boosting their retail presence, especially in larger urban markets.…
KENYAN BATH AND SHOWER PRODUCTS MARKET DIVERSIFIES AS SALES EXPAND
The Kenya bath and shower product market is projected to grow on average by 3% year-on-year to 2020, according to UK-based market researcher Euromonitor International. In a report released this September (2016), the sector during 2015 was valued at Kenyan Shillings KES2.4 billion (USD23.4 million at recent exchange rates).…
UNDETERRED COMMERCIAL CRIMES DERAILING INVESTMENTS AND SOMALI RECONSTRUCTION
SECURITY and peace is slowly returning to Somalia, as its internationally-recognised government slowly gains power and extremist insurgents lose authority. But while relative safety is encouraging the return of entrepreneurs, it also emboldens commercial criminals. Ramadhan Rajab reports.
SALIM Nur, 49, had hoped to be part of Somali’s renewal by waging a war – not on the military frontline, but using markets as battlegrounds for economic revival.…
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.…
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.…