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Summary The bloc’s highest decision-making organ, the Heads of State Summit, will review the protocol at the High-Level Summit Retreat on the Common Market before this year’s summit in April. EAC Secretary-General Dr Peter Mathuki confirmed the plan. Described as one of the most ambitious regional integration agreements globally, the CMP was meant to spur […]
Tanzania attracted more citizens of other partner states to live and work within its borders in the past years, a new scorecard on the Common Market shows. The country issued 19,629 residents permits compared with Kenya’s 2,378, Uganda’s eight and Burundi’s 459. The report shows that Kenya and Tanzania issued the highest number of work […]
Poultry farmers are bitter that the Uganda Revenue Authority is charging VAT, withholding tax and railway levy on chicken exports to Uganda. They want the government to intervene. They argue that Ugandan poultry farmers have free access to the Kenya market. The poultry farmers are right. They should equally enjoy duty-free access to the Ugandan […]
Implementation of common market protocol EAC and maintaining the fate of our local farmers and business people has become a major challenge to full realization of of the regional integration since the time it came into force in July 1, 2010. The common market has faced this challenge mainly because some members of partner states […]
The U.S. ditched the Trans-Pacific Partnership, while across the Atlantic, the U.K. is trying to extract itself from the European Union and its single market. But while free trade is under threat in much of the world, African countries are heading in the other direction: the continent is on track to create the largest free trade agreement by population […]
The U.S. ditched the Trans-Pacific Partnership, while across the Atlantic, the U.K. is trying to extract itself from the European Union and its single market. But while free trade is under threat in much of the world, African countries are heading in the other direction: the continent is on track to create the largest free trade agreement by population […]
Seven years in the making, the Continental Free Trade Area is almost established. A minimum of 22 states is needed to bring the trade bloc into force; only 21 African states have so far ratified the agreement. Nigeria, the continent’s largest economy, is still considering whether to join the club. The idea of an African […]
Kenya, Tanzania and Uganda are still squabbling over the implementation of the Common Market provisions, despite officials saying a lot of ground has been covered in resolving the issues. This came as Kenyan sugar-based products were denied preferential access to Uganda and Tanzania over the application of the Rules of Origin. For the fourth consecutive […]
In her 2010/11 Financial Year budget speech, Finance Minister Syda Bbumba said she envisages that the East African Community (EAC) Common Market which comes into force on July 1 will “stimulate greater productive efficiency, higher levels of domestic and foreign investment, increased employment, and growth of intra-regional trade and of extra-regional trade.” Kenya’s Finance Minister, […]
Dar es Salaam. The World Bank Group says it will support Tanzania’s industrialisation by focusing on deepening the EAC Common Market which is crucial in expanding the market for the manufactured goods. Steven Dimitriyev, World Bank Lead Private Sector Specialist for Tanzania said last week that if well utilised the East African Common Market can […]
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