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In several low- and middle-income countries rich in non-fuel mineral resources mining makes significant contributions to national economic development as measured by the revised Mining Contribution Index (MCI-Wr) Ten countries among the 20 countries where mining contributes most (highest MCI-Wr score) have moved up one or two steps in the World Bank's country classification between 1996
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Kenya and Mozambique resolved to broaden their cooperation areas of mutual interest including the minerals and mining sector livestock breeding trade tourism promotion agri-business manufacturing and value addition and the Blue economy sector
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mining sectors to aggregate output in the South African economy rather than with the aggregate volume of sales of the sector 4 Over the 1970-98 period the proportional contribution of the mining sector to total value added in the South African economy has more than halved declining from 21 3% in1970 to 9 9% of the private sector's GDPin 1998
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agricultural manufacturing and mining and quarrying sectors have played a continuous and significant role in the development of the country's economy The approval of the millennium development goals (MGDs) by the United Nations General Assembly therefore raises three pivotal questions for Nigeria
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Kenya's government is currently considering the final iteration of a bill that would establish three special economic zones (SEZs) within the country The SEZs will allow lower levels of taxation and fewer regulatory hurdles and will focus primarily on industrial activity in particular textile production The SEZ bill is part of a broader initiative to boost the manufacturing sector
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From Stagnation to Economic Recovery Zimbabwe Report 5 1 Mining's value-added processes fall under manufacturing 2 Recently the business climate for mining companies has been adversely affected by the uncertainties regarding the implementation of the
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Obstacles facing the mining industry in Africa The African mining industry is facing many challenges Chief among them is the still low base of the mining activity A number of African countries depend on extractive resources for revenues and export earnings but mining faces huge challenges related to environmental degradation and social issues
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KNBS Kenya National Bureau of Statistics KNCCI Kenya National Chamber of Commerce and Industry Ksh Kenya Shilling MTP 11 Second Medium Term Plan MDP Ministry of Devolution and Planning MSEs Micro and Small-Size Enterprises OGI Oil and Gas Industry OGM Oil Gas and Mining RN
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Somalia - Somalia - Economy: About three-fifths of Somalia's economy is based on agriculture however the main economic activity is not crop farming but livestock raising Between 1969 and the early 1980s Mohamed Siad Barre's military government imposed a system of "Scientific Socialism " which was characterized by the nationalization of banks insurance firms oil companies and
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Today the main problems of Kenya's economy include the negative trade balance since exports are mainly agricultural products highly dependent on weather conditions and world prices external debt which was USD 8 947 billion in 2011 power shortage inefficient Government's control on the key sectors endemic corruption high population growth rate (2 44% in 2011) and unemployment around
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Kenya's growth and SME prospects Kenya's 2017 overall GDP growth is projected at 6 4% This positive growth projection is based on a number of assumptions including increased rainfall and enhanced agricultural production continued low oil prices and reforms in governance and justice Kenya's 2016 second quarter growth was supported by agriculture forestry and fishing transportation
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Plans by the Angolan government to diversify the economy and rid the country of corruption were expected to help lift the economy from years of recession But in the first few months of 2020 the oil price slump and the effects of coronavirus panic took hold on the global economy notably China on which Angola relies for oil exports
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supporting the agricultural and mining sectors In 2016 manufacturing sector contributed 14% to the GDP in Kenya It has recorded an upward economic growth of 5 8% in 2016 and is expected to grow to 6% in 2017 As a developing economy Kenya has put more focus on industrial development as this serves to move Kenya from being a developing economy
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Recently launched efforts to move the manufacturing sector further up the value chain and into a technology-driven service-based economy will be crucial in moving income levels beyond the middle-income bracket and will depend on how successful the Thailand 4 0
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Kenya's key policies and programmes supportive of a green economy include investments in renewable energy promotion of resource-efficient and cleaner production enhanced resilience to economic and climatic shocks pollution control and waste management environmental
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CHINESE INFLUENCE ON AFRICAN ECONOMY A CASE STUDY OF KENYA ESTHER NDILA MUTUKU Reg No R50/62873/2010 SUPERVISOR: MR GERRISHON IKIARA A Research Project Submitted in Partial Fulfillment of the Requirements of the Degree of Masters of Arts in International Studies of the University of Nairobi 2014
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The Kenya Economic Outlook 2017 report provides an overview of Kenya's economic environment and key sectors The report also highlights significant allocations from the 2017/18 Budget to various sectors of the economy Political Environment The Economic Intelligence Unit (EIU) predicts that political
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THE PRIMARY SECONDARY TERTIARY AND QUATERNARY SECTORS OF THE ECONOMY US Federal Reserve Board The recognition of differences among the major sectors of the economy such as agriculture commerce or manufacturing has a considerable tradition in economic thinking Also there is
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Kenya is located in Eastern Africa between Tanzania and Somalia The total area of the country is 581 309 km 2 and has a population of roughly 48 million The country's climate varies from tropical along the coast to arid in the interior regions
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The gap between mining and manufacturing The result of this restricted role of mining is a large gap between mining and manufacturing to the detriment of both sectors and to the national economy Manufacturing has been subjected to extraordinarily high prices for raw material inputs such as steel making our manufacturers uncompetitive internationally and even in the home market
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Faster growth in mining natural gas and construction activities propelled Tanzania's economy higher in the third quarter of 2017 the statistics agency said on Friday East Africa's third-biggest economy grew 6 8 per cent year-on-year in the third quarter compared with 6 2 per cent in the same quarter in 2016 the state-run National Bureau of Statistics (NBS) said
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knowledge driven economy Vision 2030 proposes to intensify the application of STI to raise productivity and efficiency levels across the three pillars of national development Kenya's development objectives for STI for the next five years The development of this 2nd MTP takes into consideration the STI sector mandate the
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2 THE STATE OF MANUFACTURING IN KENYA The manufacturing sector in Kenya grew at 3 5% in 2015 and 3 2% in 2014 contributing 10 3% to gross domestic product (GDP) (KNBS 2016) On average however manufacturing has been growing at a slower rate than the economy which expanded by 5 6% in 2015 This implies that the share of
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