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CURRENT EVENTS
 
 
Launch for Oliive in Feb 2009
Oliive, a new range of shampoo, lotion and cream will be launched in 2009. Oliive shampoo will be the first product to be launched on 2nd February 2009.

The emphasis for this product range will be small consumer sizes at affordable rates. Product quality is excellent and pricing is very good.
Kenya's new Finance minister

Mr Uhuru Kenyatta was appointed on 23rd Jan 2009 as Finance minister of East Africa's biggest economy.

Mr Kenyatta was previously the minister for Trade in the coalition government
Business Briefs
Shilling and the Kenya stock exchange remain stable. Kenya's main NSE-20 share index is expected to trade steady this week as brokers seek direction from the annual results from the financial sector.
 
  WAREHOUSING

We can provide secure temporary warehousing space. Our premises are located in Nairobi at Alpha Center which is on Mombasa Road.

Once goods are received by us we can give weekly reports on inventory movement if there is dispatch of product. We can also assist in transporting products within Kenya. We have our own delivery vehicles and we also out-source deliveries to reputable transport companies. Such a facility can be used for companies or individuals that need temporary storage whilst looking for permanent storage facilities. We can also assist in this process.  

We have experience in importation in Kenya and also Uganda. We also have very good contacts in Rwanda and the DRC that can advice on importation modalities.

Importing products into the East African countries is not as seamless as in the developed world. There are bottlenecks that an importer must face. We have experience in knowing how to deal with problems that could arise. We would identify responsible parties for handling clearance. We can assist in filling in necessary documentation for importation in Kenya through our affiliated office.

We would also inform on other regulations in regards to importation. There are pre-shipment inspections which need to be carried out. We can advice on the standards that will apply to different products. The importation process can be an extremely cumbersome one if the proper channels are not followed. In East Africa Mombasa and Dar-es-Salaam are the major sea ports. These ports service countries that are landlocked within East Africa. There are also other dry ports.

Import duties vary in each of the respective East Africa countries and duties also differ depending on the trading bloc that a country is a member to. The rate of duty can be a very important determining factor when deciding which country to import from. The rate of duty that is paid is an important factor when computing the final cost of goods. There is a large parallel market in all the East African countries.

It in this market, that the normal process that exits for importation is circumvented. We are able to give advice on which products would be particularly vulnerable due to the existence of this market. It is very important to understand the mechanisms that do exist for importation. These mechanisms cannot be compared with those mechanisms that exist in the developed world. This area can be a potential pitfall for a new business enterprise.
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