Sharp Daily
No Result
View All Result
Friday, October 24, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Foreign Affairs CS Alfred Mutua Inks Multimillion Deal With Iran

Sarah Wamaitha by Sarah Wamaitha
March 8, 2023
in News
Reading Time: 2 mins read
Alfred Mutua With The Ambassorder Of The Republic Of Iran

Alfred Mutua With The Ambassorder Of The Republic Of Iran [Photo/Courtesy]

Foreign and Diaspora Affairs Cabinet Secretary Alfred Mutua announced on March 8 that Kenya will export 40 to 50 tonnes of sheep meat per day, with a monthly worth of Ksh.772 million.

The CS made the announcement following discussions with Dr. Jafar Barmaki, the Islamic Republic of Iran’s ambassador to Nairobi.

Trade, development, and cooperation between Iran and Kenya were the main topics of discussion at the meeting.

Read: Foreign Affairs CS Alfred Mutua Signs Treaty To Establish African Medicines Agency(AMA)

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Why firms are shedding jobs despite survival

June 19, 2025

“On trade, it was agreed that Kenya will export 40 to 50 tonnes of sheep and meat per day to Iran with an estimated export value of Ksh772 million per month. Further, we agreed on Kenya exporting 10,000 tonnes of onions to Iran in addition to tea,” he said.

Dr. Mutua stated that his ministry will remove the red tape that led the Iranian government to withhold Ksh40 million intended for university research in nanotechnology.

The CS also praised the project of the Iran House of Innovation and Technology (IHIT) Center, having aided the growth of Kenyan startups. He stated that topics discussed included the potential for a visa-free system between Iran and Kenya as well as scholarships for Kenyans to study there.

Read: Japan Hints At Starting Direct Flights To Kenya

In November last year, Barmaki paid a courtesy call to National Assembly Speaker Moses Wetang’ula to discuss other potential collaborations. Barmaki placed emphasis on a proper financial system between Iran and Kenya to facilitate trade between the two countries.

He praised Kenya for preserving the integrity of a free state to advance human development despite the Iranian government being subject to sanctions while he was in the country for the past three years.

He also praised Kenyans for holding peaceful elections on August 9 and declared that the nation’s democracy had reached an advanced age.

The envoy said that there needed to be direct commerce in several agricultural sectors so that Kenyan tea could be exported to Iran. Barmaki added that there are over 40 Iranian businesses with cutting-edge technology that are prepared and eager to make investments in the Country.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Inside Safaricom’s Plan To Deduct Bonga Points For Okoa Jahazi Settlement

Next Post

Treasury Doubles Down On Tax Relief Suspension

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

2024 cooperatives bill seeks to modernize governance and member protection

October 23, 2025

Coca-Cola HBC to acquire 75.0% of CCBA for USD 3.4bn by 2026

October 23, 2025

BDCs & Private Credit: Income, liquidity and risks (2025)

October 23, 2025

Kenya’s credit rating outlook 2025: Signs of improvement amid Debt challenges

October 23, 2025

Kenya 2025: Diaspora remittances drive growth

October 23, 2025

Compliance training is emerging as the cheapest form of risk control

October 22, 2025

CBK boosts gold reserves by 40.8% to strengthen Kenya’s financial stability

October 22, 2025

Kenya Re to gain bigger market share under new treasury regulations

October 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024