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Dutch-headquartered flower auction firm, Flora Holland (FH), is set to loosen its grip on Kenya’s multi-billion shilling flower export business after the European Union agreed to restore the country to free trade list from next month. The auction has been riding on its preferential logistical arrangements with European Union customs officials to hook Kenyan growers […]
KIGALI, Rwanda – Rwanda believes it can turn into a trade logistics hub in the East African Community and this is why the government through the Ministry of Trade and Industry is streamlining services that will help realize this objective. “The cost of trading across the borders which is mainly because Rwanda is a landlocked […]
Government has intensified efforts aimed at improving Rwanda’s logistics industry. Already, the government has signed business deals with sector investors. Government has also announced the construction of logistics hubs at the Mombasa and Dar es Salaam ports and a dry service port (Kigali logistics hub) in Kigali, besides upgrading the air cargo facility at the […]
Government has intensified efforts aimed at improving Rwanda’s logistics industry. Already, the government has signed business deals with sector investors. Government has also announced the construction of logistics hubs at the Mombasa and Dar es Salaam ports and a dry service port (Kigali logistics hub) in Kigali, besides upgrading the air cargo facility at the […]
A global audit, tax and advisory firm will spend about Sh200 million to deepen its presence in the East African Community (EAC) market in the next one year. The US-based Grant Thornton International Ltd, already with offices in Kenya, said it will soon open offices in Tanzania, Uganda and Rwanda to assist investors set up […]
Logistics in Africa is a menace, and firms that try to launch logistics businesses face a mamoth of hurdles from poor infrastructure to double insurance on both the goods and the machinery and the capex is way too high. East Africa is reported to have the highest freight and transport costs in the world; over […]
A whooping $16 million (about Rwf11bn) fund has been set aside for innovators who can come up with effective strategies to cut costs on transport and logistics in East Africa. The competition, dubbed Logistics Innovation for Trade (LIFT), will provide grants ranging from $200,000 (about Rwf137m) to $750, 000 (about Rwf514m) to winning proposals from […]
Construction of the first berth of the Mombasa Special Economic Zone (SEZ) is expected to start in 2016 as Kenya prepares to launch its logistics and industrial hub in the coastal city. The berth construction, expected to take three years, will be done parallel to the development of the free port, a free trade zone […]
Nairobi, Kenya, 25th November 2014: A US$ 16 million challenge fund has been opened for innovators who can devise a strategy to crack the code into reducing the cost of transport and logistics in East Africa. The Logistics Innovation for Trade (LIFT) challenge fund will provide grants ranging from US$ 200,000 to US$ 750,000 to […]
Rwanda and Tanzania are expected to resolve dispute over park levies in the forthcoming East African Community Regional Forum on elimination of Non-Tariff Barriers slated for next month. Transporters in Rwanda say the levies by the Tanzanian authorities violate the Customs Union and Common Market Protocol. The contested levies include $300 Rwandan trucks are charged […]
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