Just Released: "Kenya Shipping Report Q1 2013"
BMI believes the performance of the Kenyan economy on the one hand, and its ports and shipping sector on the other, are following an 'asymmetrical' pattern across 2012 and 2013. We see the economy accelerating, while port activity, measured by cargo throughput at Mombasa, appears to be slowing down. After estimated growth of 4.5% in 2012, we forecast Kenyan GDP to accelerate to 5.8% in 2013, on the back of stronger consumption and investment. We envisage growth in gross tonnage...
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