News Tag: Uganda

TradeMark Africa receives global award

The award makes TMA the second organisation in Africa, after the Africa Development Bank, to receive the certification, and the first in East Africa. “This award serves as further proof of TMA adhering to the highest international standards in procurement, maintaining the principles of probity, transparency, consistency and fairness as a benchmark of good management,” said Frank Matsaert TMA Chief Executive Officer. He added, “They were also able to offer evidence as strict adherence to their prevention of bribery and corruption policies as they continue to work hard to maintain these high standards. This was a strong submission and a credit to TMA. I hope they will progress from strength to strength,” A global professional body, The Chartered Institute of Procurement & Supply (CIPS) informed TMA of the certification this week. This comes after a detailed evaluation of the organisation’s procurement structures and practices. CIPS analysed TMA procurement processes according to 110 questions under the following headings; leadership & organisation, people, performance management, process and systems and strategy. The CIPS process, through the 110 questions, provided the greatest audit,internal/ external and constructive feedback received from internal and external stakeholders. After an evaluation period of eight months,TMA received the news of the certification on Monday making it the first East African company to have qualified for the award. The award of the certification places TMA among a very select group of companies globally. Currently, there are only 128 companies in the world that hold this certification. The accreditation is awarded to...

New budget bodes well for EAC integration

The 2015/2016 budget read recently by Finance Minister, Matia Kasaija, is once again another important policy document that will propel the EAC integration agenda to greater heights. In line with the agreed practice among the partner states, the finance ministers delivered their speeches concurrently as a one of the ways of harmonising economic and fiscal policies. This budget will in many ways address the challenges of the business community and the many people who are looking up to the East African Community for the opportunities the integration process has created. Although some of the pronouncements in Hon Kasaija’s budget were a continuation of the EAC agreed policy frameworks, there were nonetheless areas that came out prominently and are of immense interest to many of us involved in the EAC integration agenda. We are all aware of the importance the government has attached to the energy and infrastructure sectors in recent years. While this is already a vital strategic decision for Uganda, this policy will inevitably take the EAC integration to another level. This is aptly captured in the coming financial year’s budget: “Government’s continued focus on infrastructure investment will enhance regional integration, and develop Uganda’s oil sector. This will unlock private sector activity, stimulate growth and generate much needed tax revenues to finance other deserving needs.” All this is in consonance with Uganda’s heavy investment in trunk roads network, construction of the standard gauge railway and the invitation of the EAC Partner States to invest in the development of the...

East Africa: TradeMark Africa receives global award

TradeMark Africa (TMA), the region's trade development agency, has received the world's most prestigious corporate procurement certification. The award makes TMA the second organisation in Africa, after the Africa Development Bank,to receive the certification, and the first in East Africa. "This award serves as further proof of TMA adhering to the highest international standards in procurement, maintaining the principles of probity, transparency, consistency and fairness as a benchmark of good management," said Frank Matsaert TMA Chief Executive Officer. Source: Big News Network

TradeMark receives corporate procurement certification

TradeMark Africa (TMA), the region's leading trade development agency, has received the world's most prestigious corporate procurement certification. The award makes TMA the second organisation in Africa, after the Africa Development Bank, to receive the certification, and the first in East Africa. A global professional body, the Chartered Institute of Procurement & Supply (CIPS) informed TMA of the certification this week. This comes after a detailed evaluation of the organisation's procurement structures and practices. "This award serves as further proof of TMA adhering to the highest international standards in procurement, maintaining the principles of probity, transparency, consistency and fairness as a benchmark of good management," said TMA Chief Executive Officer Frank Matsaert. Source: Standard Digital

Awareness on single tourist visa yet to hit 50 percent mark

Over half of regional and international travellers passing through Kenya are unaware of the availability and process of using a Single Tourist Visa (STV) and National Identification for travel within Kenya, Uganda and Rwanda more than a year after the process was launched. This is according to a survey commissioned by Kenya Tourism Federation (Tourism private sector umbrella body) to investigate the level of awareness on the STV and use of ID for travel within the three states. The research commissioned in February 2015 established that up to 58.1 percent of travelers had neither used nor interacted with someone who had used STV, while 47 percent of travelers showed lack of familiarity on the existence of STV. While majority of Immigration officials interviewed for the survey, were aware of the existence of STV and the countries involved in the initiative, 67 percent were not familiar with the cost of STV with 25 percent showing lack of familiarity with regards to the application process. Speaking while presenting the report,Strathmore University Centre for Tourism and Hospitality – Research Consultant, Mr. David Chiawo noted that the Current STV processing procedure had been described as very poor by travellers and therefore the need for review and necessary improvement. ”The survey further revealed limited and poor information available on STV for travelers and immigration officials with responses ranging from very poor to average with only 25 percent of travelers and less than 15 percent of immigration officials rating the current information as good,” said Mr....

Study: Majority ignorant of East Africa Community’s single tourist visa

MOMBASA, KENYA: Over half of regional and international travelers passing through Kenya are unaware of the availability and process of using a Single Tourist Visa (STV) and National Identification for travel within Kenya, Uganda and Rwanda more than a year after the process was launched. This is according to a survey commissioned by Kenya Tourism Federation (Tourism private sector umbrella body) to investigate the level of awareness on the STV and use of ID for travel within the three states. The research commissioned in February 2015 established that up to 58.1 percent of travelers had neither used nor interacted with someone who had used STV, while 47 percent of travelers showed lack of familiarity on the existence of STV. While majority of Immigration officials interviewed for the survey, were aware of the existence of STV and the countries involved in the initiative, 67 percent were not familiar with the cost of STV with 25 percent showing lack of familiarity with regards to the application process. Speaking while presenting the report,Strathmore University Centre for Tourism and Hospitality – Research Consultant, Mr. David Chiawo noted that the Current STV processing procedure had been described as very poor by travelers and therefore the need for review and necessary improvement. ”The survey further revealed limited and poor information available on STV for travelers and immigration officials with responses ranging from very poor to average with only 25 percent of travelers and less than 15 percent of immigration officials rating the current information as good,”...

EAC travellers unaware of single tourist visa

The single tourist visa launched by East African Community member states early last year remains largely unutilised due to lack of awareness. A report commissioned by the Kenya Tourism Federation shows that over half of regional and international travellers passing through Kenya are unaware of the availability and process of using a Single Tourist Visa (STV) and National Identification for travelling in the region. The report shows that up to 58.1 percent of travellers had neither used nor interacted with someone who had used STV, while 47 percent of travellers showed lack of familiarity on the existence of STV. Majority of immigration officials are also unaware of the existence of the STV. Speaking while presenting the report, Strathmore University Centre for Tourism and Hospitality – Research Consultant, Mr David Chiawo said that the current STV processing procedure had been described as very poor by travellers and therefore the need for review and necessary improvement. LIMITED INFORMATION ”The survey further revealed limited information available on STV for travellers and immigration officials with responses ranging from very poor to average with only 25 percent of travelers and less than 15 percent of immigration officials rating the current information as good,” said Mr Chiawo. The KTF Chairperson Ms Lucy Karume said she was encouraged to note that majority of travellers, immigration officials, travel and trade officials showed high expectations on STV, which was a good indication for the tourism sector to accelerate awareness for STV to meet these expectations. “It is noteworthy that...

Africa’s tripartite agreement: Another step toward integration?

Considerable attention has been paid to the recent signing of the Tripartite Free Trade Agreement (TFTA) which will bind three of Africa’s regional economic communities (RECs) together into one large free trade market of 26 countries, accounting for nearly 60 percent of the continent’s GDP. How significant the Agreement will prove to be lies in the (implementation) details. The parties to the Agreement chose a path toward integration that involves a gradual phased approach whereby each REC develops its own framework and blueprint. However, the three RECs — the East Africa Community (EAC), the Common Market for Eastern and Southern Africa (COMESA ) and the Southern African Development Community (SADC ) — are at very different levels of progress in this regard. Although the EAC was (re-)formed only in 2000, this community of five nations has accomplished far more than its REC peers. A few of the many accomplishments include the adoption of an external tariff, an expansion and improvement of the port infrastructure in Kenya and Tanzania, prioritization of regional transport systems, and the adoption of common sanitary and phytosanitary measures. Moreover, the EAC also has focused on important, but less flashy, process and systems improvements, such as harmonization of customs procedures, one-stop border crossings, and a system that allows sharing of customs clearance information. It is far from perfect, but the metrics show significant improvements, reducing the number of days of transit time from Mombasa to Kigali from twenty-one days to just six, for example. In contrast, neither...

TradeMark Africa receives global award

TradeMark Africa (TMA), the region’s trade development agency, has received the world’s most prestigious corporate procurement certification. The award makes TMA the second organisation in Africa, after the Africa Development Bank,to receive the certification, and the first in East Africa. “This award serves as further proof of TMA adhering to the highest international standards in procurement, maintaining the principles of probity, transparency, consistency and fairness as a benchmark of good management,” said Frank Matsaert TMA Chief Executive Officer. He added, “They were also able to offer evidence as strict adherence to their prevention of bribery and corruption policies as they continue to work hard to maintain these high standards. This was a strong submission and a credit to TMA. I hope they will progress from strength to strength,” A global professional body, The Chartered Institute of Procurement & Supply (CIPS) informed TMA of the certification this week. This comes after a detailed evaluation of the organisation’s procurement structures and practices. CIPS analysed TMA procurement processes according to 110 questions under the following headings; leadership & organisation, people, performance management, process and systems and strategy. The CIPS process, through the 110 questions, provided the greatest audit,internal/ external and constructive feedback received from internal and external stakeholders. After an evaluation period of eitht months,TMA received the news of the certification on Monday making it the first East African company to have qualified for the award. The award of the certification places TMA among a very select group of companies globally. Currently, there...

Three African regional economic blocs take major step towards forging a trans-Africa free trade zone

On June 10, 2015, the Southern African Development Community (SADC), the East African Community (EAC) and the Common Market for Eastern and Southern Africa (COMESA) agreed to expedite their efforts to unite into a single, trans-African free trade zone, to be known as the Tripartite Free Trade Area (TFTA). The TFTA would cover 26 countries stretching north to south from Egypt to South Africa and east to west from Mauritius to Namibia (see diagram below). According to the Communiqué of the Third COMESA-EAC-SADC Tripartite Summit issued at the conclusion of their recent meeting in Sharm El Sheikh, Egypt, the TFTA countries collectively account for 632 million people or 57 percent of Africa’s population and nearly 58 percent of Africa’s Gross Domestic Product (GDP). As noted in the Communiqué, the TFTA represents the “Market Integration” leg of the overall tripartite integration process that also includes “Infrastructure Development” and “Industrial Development.” Implementation of the TFTA would be of significant economic interest to foreign investors seeking to trade into larger regional markets and to companies within individual countries seeking to expand into the continent, as well as to their governments. The ambitious attempt to forge a trans-African free trade zone has long been a priority for African leaders seeking to reduce obstacles to intra-African trade and promote economic opportunities throughout the continent. The Communiqué cites TFTA as a “decisive step” to achieve the African Economic Community envisioned in the Lagos Plan of Action and the Final Act of Lagos of 1980. The parties...