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Kenya’s GDP growth rises to 6.3pc in 2018 in KNBS latest Economic Survey

Kenya's economy grew by 6.3 percent in 2018, helped by an impressive growth in agriculture, manufacturing and transport sectors. This was an rebound from the 4.7 percent growth in 2017, the slowest growth in five years -- amid effects of an adverse weather and political jitters in the election year. The agriculture sector grew by 6.6 percent, the highest in five years, data from the Economic Survey 2019 released on Thursday shows. Agriculture accounts for close to a third of Kenya’s annual…

China seeks to allay fears over Belt and Road debt dangers

China aims to make the Belt and Road initiative sustainable and prevent debt risks, its finance minister said on Thursday, seeking to allay criticism that the infrastructure plan to boost trade and investment creates a heavy burden for some nations. The policy championed by Chinese President Xi Jinping has become mired in controversy, with some partner nations bemoaning the high cost of projects, though China has repeatedly said it is not seeking to trap anyone with debt.Western governments have tended to view it as a…

Trade challenges could erode regional integration gains

Jointly launched by the EABC and TradeMark East Africa (TMEA), the project that spans from 2019 to 2023 aims at enhancing advocacy and dialogue on transport and logistics, trade facilitation, customs and tax, standards and Non-Tariff Barriers (NTBs) at regional and country levels.

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Top 10 areas in Kenya where demand for property remains high

. Land being a physical and long term asset, investors prefer properties with close proximity to main roads, transport linkages, upcoming highways, areas with high population growth and important land marks. The combination of all these factors positively influence the appreciation of land driving demand for real estate investment.


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