SA to increase trade and industry to Kenya, Tanzania

Tanzania

The South African Department of Trade and Industry (DTI) aims to increase trade and investment with Kenya and Tanzania.

The department will lead 27 South African companies from various sectors on a mission to the two countries at the end of June, to identify trade and investment opportunities.

Rob Davies, South Africa’s Minister of Trade and Industry, said this will strengthen the existing relationship between the countries.

“Furthermore, the missions will honour commitments made by President Jacob Zuma during state visits to Kenya in October last year, and Tanzania last month to strengthen relations and explore investment and trade opportunities,” Davies said.

“The mission is part of the DTI’s integrated national export strategy aimed at developing new markets for South Africa’s value-added and manufactured goods and services, with an emphasis on Africa and emerging markets.

“The DTI is happy to provide a platform that will bring together businesspeople from South Africa with their counterparts from the two countries, to discuss ways in which to contribute meaningfully to increasing trade and investment between our countries,” the minister said.

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