SA targets greater Kenya trade, investment

Trade between the two countries last year was only R6.5 billion, which was “not sufficient,” Patel said at a business forum in the Kenyan capital, Nairobi, on Wednesday.

He spoke after South African President Cyril Ramaphosa and his Kenyan counterpart, William Ruto, held talks about increased cooperation, including allowing visa-free travel by Kenyans to South Africa from January 1.

Kenyan Trade and investment Secretary Moses Kuria urged South African companies to invest in private-public partnerships and the East African nation’s special economic zones.

He also invited South African banks and telecommunications companies to participate in the Nairobi International Finance Centre and urged construction companies to take advantage of housing construction opportunities in his country.