10th WTO Ministerial Conference, Nairobi, 2015

The WTO is an international intergovernmental organization dealing with the formulation and implementation of international trade rules. It also deals with the arbitration of trade disputes between its Members.

The WTO has the Objectives of raising the standards of living for Members, ensuring full employment, large and steadily growing volume of real income and effective demand, expanding the production of and trade in goods and services, while allowing for the optimal use of the world’s resources and seeks to both protect and preserve the environment and to enhance the means for doing so in a manner consistent with Members respective needs and concerns at different levels of economic development.

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Centum Investment Company - Building Value in Kenya: Ryan Hoover, Investment Analyst, Africa Capital Group

It’s gut check time for Kenya investors.

The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.

The drop makes for a compelling opportunity to purchase shares of the country’s largest investment holding firm.

Prime assets

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Unilever eyes Tatu City land in Sh17bn plan

Consumer goods manufacturer Unilever East Africa is set to acquire a 70-acre piece of land in Kiambu’s Tatu City, setting the stage for its Sh17 billion expansion plans.

The producer of OMO detergent and Blue Band margarine said it had signed an agreement with the property developer to buy the land for hundreds of millions of shillings, with the exact price undisclosed.

The multinational is now expected to build a new factory in the location in the medium term, replacing the current plant it has operated at Nairobi’s Industrial Area for decades.

This will be part of the Sh17 billion investments in Kenya announced by its global chief executive Paul Polman last year.

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Kenya’s investments in Tanzania grow

KENYA’S investments in Tanzania have reached 1.685 million US dollars in 518 projects creating 55,762 jobs. The Executive Director of Tanzania Investment Centre, Juliet Kairuki, revealed this in Nairobi recently in Tanzania-Kenya business forum during an official state visit of President Jakaya Kikwete to Kenya.

Juliet Kairuki said, the forum was organized by Kenya Ministry of Foreign Affairs and International Trade, Kenya Investment Authority, Kenya Association of Manufacturers and Kenya National Chamber of Commerce and Industry and Tanzania Investment Centre.

It attracted around 200 participants including senior government officials, leaders and members of the private sector who represented various sectors particularly energy, manufacturing, education, transport and logistics, financial sector, real estate and tourism.

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