SA delegation looks to Coast for trade and investment
A high-powered South African trade delegation led by Deputy Trade Minister Elizabeth Thabethe wound up a visit to Kenya with a tour of the port of Mombasa.
During a breakfast meeting hosted by the Kenya National Chamber of Commerce and Industry (KNCCI) Mombasa County branch at the Mombasa Serena Hotel,

the group exhibited interest in investing and doing business with their Kenyan counterparts.
Mr Renier Schoeman, co-convenor of the South African delegation said: “This is in line with our Government’s policy of promoting activities that seek to establish a greater balance in the global economy”.
He went on to state that SA’s efforts in all its trade missions abroad are aimed at creating benefit to both partners in each trade equation, where imports and exports are promoted.
He stressed that the potential for business between SA and Kenya is clear and the PBF is therefore honoured to be taking one of the most substantial delegations into East Africa’s – largest economic power nation.
KNCCI Mombasa county chairman James Mureu urged for closer co-operation and the enhancement of regular contacts to boost trade between Kenya and South Africa.
The Deputy South African Trade Minister lauded the continued cordial relations between the two countries and wished Kenyans a peaceful election.
She noted that though the balance of trade between Kenya and South Africa is in favour of the rainbow nation, they were keen to have closer interactions to correct the imbalances.
Kenya’s High Commissioner to South Africa Tom Amolo said the Kenyan economy has been resilient by managing to withstand the global economic recession of 2008-2009.


Source: Standard Media

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