Browsing: United Kingdom

Kenya and the United Kingdom signed a new trade deal that guarantees duty-free access to the UK market for Kenyan exporters and vice versa.

The agreement will end the era of doing business through protocols of the European Union (EU)  from which London will be exiting by the end of December 2020.

The agreement was titled: The Economic Partnership Agreement between Kenya, a Member of the East African Community, of the one part and the United Kingdom of Great Britain and Northern Ireland, of the other part. It was signed by Kenya’s Trade and Industrialisation Cabinet Secretary, Betty Maina and UK’s International Trade Minister Ranil Jayawardena in London.

“I am delighted that today we have signed a trade agreement with Kenya. This deal makes sure businesses have the certainty they need to continue trading as they do now, supporting jobs and livelihoods in both our countries. Today’s agreement is also …

Kenya is regarded as the largest economy in the East African region and ranked amongst the top ten in Africa.…

BREXIT trade impacts in Southern Africa

If everything goes according to plan (and that’s a big statement), January 1st shall see the departure of the United Kingdom from the European Union, its single market and customs agreements.

As much as I would like to, it is becoming increasingly hard to believe that the parties will conclude a trade deal in time for the official divorce date. I am sceptical of a “hard” BREXIT as I believe that some sort of policy extension will remain in place for quite some time; anything else would be economic madness and given the current pandemic no politician would allow that to happen. (I know what you might be thinking but, luckily, that kind of stupid is currently reserved for leaders across the Atlantic).

The EU is South Africa’s largest trade partner while South Africa has long and in-depth trade relations with the United Kingdom. …

The United Kingdom partnership  with Ghana brought in £80.3 million to build a new major road system, creating jobs and building expertise across Ghana.

A statement issued by the British High Commission in Accra said the partnership aims to build the Tema-Aflao highway agreed between BHM Construction International, a British company and the Ministry of Roads and Highways.

According to the statement, the more than 500 Ghanaians will be employed by the Tema to Aflao project, which forms part of the ECOWAS coastal expressway.

The Ministry of Roads and Highways signed a contract with BHM Construction International and the British High Commission witnessed the signing.

The statement also said that the project would improve Ghana’s transport links whilst creating skilled jobs for local people across the country.

“The significant strengthening of Ghana’s road system shows the UK-Ghana partnership at its best; a long-term partnership working for the long-term benefit of …

Desperate times call for desperate measures and with Kenya’s flower sector hit hard by covid-19, it is time that the country sought ways to maintain relationships with its key markets.

The first gesture by the Kenya flower sector has been to send some 300 bouquets to the United Kingdom in what was called “solidarity with covid-19 frontline combatants” in a campaign dubbed Flowers For Hope.

Kenya’s national carrier Kenya Airways (KQ) flew the consignment on Friday night last week in a move set to keep the flower market open for business when the coronavirus pandemic passes.

The flowers to be distributed to those in the frontline of combating the pandemic including doctors, nurses and recovering patients and care homes were in sleeves inscribed with President Uhuru Kenyatta’s goodwill message.

Kenyatta’s message read, “There have been a few moments in history when the world has faced a crisis as far-reaching …

The United Kingdom wants to enter into a trade pact with the East African Community member countries.

The United Kingdom which is into a one-year transition phase after it left the European Union, is keen on having long-term and sustainable trade ties with the EAC region.

During the one-year transition period set to end on December 31, the UK- EAC trade engagement will be under European Union protocol where most regional countries apply to Everything But Arms treaty.
UK High Commissioner to Rwanda, Jo Lomas, said that they are looking to negotiating a trade deal somewhat similar to EAC’s Economic Partnership Agreement with the European Union.

“We are looking to have a trade deal with the EAC, along the lines of what was agreed upon by the EU. Ultimately, we would like to be negotiating something more ambitious but we are keen not to disrupt trade,” she said.

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The United Kingdom and Egypt announced the establishment of an economic partnership to implement Egypt’s Vision 2030 initiative.

Egypt and the United Kingdom are seeking to improve education and health care as well as promote trade and investment.

According to the partnership, the UK announced it would provide Egypt with £13 million to help accomplish comprehensive economic growth, empower youth, social development, support the neediest groups and develop the business environment.

Also within the framework of this partnership, to support financial inclusion, the Uk will grant Egypt £3 million and about £8 million to increase employment opportunities for young people through developing capacity building programs and supporting the development of the higher education system.

Also Read: UK-Africa Investment Summit 2020

The statement also said that the two countries will work together to prepare technical studies and feasibility studies to implement a number of sustainable infrastructure projects to increase private sector …

Barely a month after intercepting a consignment of contrabands and illegal imports at the Port of Mombasa, Kenyan authorities have yet again seized another multi-million shipment by rogue importers in Kenya.

Kenya Revenue Authority (KRA) seized 144 drums of imported Ethanol at the Port of Mombasa, which had been mis-declared as 1,000 bags of cement.

Customs officers have also seized another high end motor-vehicle, a Range Rover Sports suspected to have been stolen from the United Kingdom which had been mis-declared as second hand window frames, doors, folding chairs, stools and wall pictures.

READ ALSO:KRA intercepts narcotics disguised as candy at JKIA

The Ethanol was imported in two by twenty feet containers while the vehicle was in a twenty-foot container. The two were intercepted following intelligence reports; they were scanned through KRA’s non-intrusive scanners and the images showed inconsistency with what had been manifested.

A multi-agency team lead by …