Today: August 25, 2016, 8:16 am
  
Finance

Kenya Shipping Market: New market analysis published

companiesandmarkets.com
companiesandmarkets.com
Kenya Shipping Report Q1 2014 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 16:11:01
Strong Fundamentals Lift 2014 GDP Growth To 6.1% While the violent attack on the Westgate Mall in Nairobi in September 2013 was a reminder of the potentially high political risk in the region, our outlook for the Kenyan economy remains very positive. That event aside, we are predicting that a combination of relative political stability, rising investment, and Kenya´s status as the commercial hub of a fast-growing region will underpin strong GDP growth. Analysts are now projecting 6.1% GDP growth in 2014 followed by 6.2% in 2015. In our view Kenya´s capital, Nairobi, and key port, Mombasa, remain well-placed as the commercial centre of an East African Community (EAC) enjoying a resource boom and 7%-plus annual growth rates.

At home, growth will be led by strong household consumption (rising as more Kenyans join the ranks of the middle classes and despite continuing income inequalities), comparative price stability, and robust investment. Public spending will also rise, particularly since the introduction of reforms in 2010 which require the creation of a new level of government - 47 county-level administrations with a wide variety of responsibilities for agriculture, transport, and health services. Net exports will, for the moment, be something of a drag on Kenyan growth, although we note the beginnings of a move to diversify from raw or semi-processed agricultural goods in the direction of manufacturing, including automobile and motorcycle assembly.

Click for report details: www.companiesandmarkets.com/Market/Transportation/Market-Researc ..

Browse all Transportation Market Research Reports www.companiesandmarkets.com/Market/Transportation/Market-Researc ..

Browse all Transportation Company Profile Reports www.companiesandmarkets.com/Market/Transportation/Company-Profil ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 425 Words
Related Articles
 
More From Finance
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, DayTradeToWin.com is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]
The Robinhood of Wall Street: No Fee [..]
The securities and exchange industry has always been known to charge high. Today your average broker has come down drastically [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.