State port operators from Kenya and Indonesia have agreed to advance trade between the two countries.
Acting Managing Director of Kenya Ports Authority (KPA), John Mwangemi, stated that the agreement with Indonesia’s State-owned port operator, Pelindo, was a component of the two nations’ attempts to increase commerce. We are quite conscious of the significance of Indonesia as an industrial and export country in the Asian grid, so this is a terrific opportunity for us to discuss and see how we can work together, he said.
Cooperation with the port operator in Indonesia, according to Mr. Mwangemi, is a fantastic way to gain access to the wealthy Far East market.
He explained to the team, which included Dr. Mohamad Saripudin, the ambassador of Indonesia to Kenya, that the alliances will enable KPA to expand its operations at the Port of Lamu. The principal port and terminal operator in Indonesia seeks to forge tight bilateral ties with KPA, according to Pelindo President Director Arif Suhartono
In 10 provinces of Indonesia, Pelindo offers port and harbor services. Between 2019 and 2020, Indonesia’s exports to Kenya increased in value from $2.6 billion (Sh325 billion) to $3.8 billion (Sh475 billion), while Kenyan exports to Indonesia increased in value from $25.2 million (Sh315 million) to $26.7 million (Sh334 million).
Safaricom has increased its ownership in Safaricom Ethiopia following a fresh capital injection. The move…
Consumer complaints against digital lenders surged sharply over the past year. The platforms accounted for…
The High Court of Kenya has suspended a controversial executive directive issued by President William…
The Independent Electoral and Boundaries Commission (IEBC) and the National Police Service (NPS) have deployed…
Corporate tax emerged as one of Kenya's fastest-growing revenue sources in the 2025/26 financial year.…
The High Court has directed the Central Bank of Kenya (CBK) to restore Nairobi County's…