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The common tourist visa, was much applauded when launched a year ago at the World Travel Market 2013. It was then delayed by several weeks when the logistics were not in place on January 1, 2014. So how has the selling of this visa been doing since then? According to information received, sold less than […]
The cost of engaging in cross-border trade has spiralled in Kenya to nearly double charges in Tanzania, putting a speed bump on the country’s bid to control East Africa’s logistics business. It costs an average of Sh200,695 ($2,255) for a firm based in Kenya to export a 40-foot container and Sh209, 150 to import same […]
Managers of African ports and their European counterparts will be in Kenya next week to strategise on creating a better maritime sector for the continent. The 10th Pan African Association for Port Cooperation (PAPC) conference to be held in Kwale brings together port executives, maritime experts, railway operators, logistics firms and regional economic groups. It […]
Inchcape Shipping Services (ISS) announced it has completed another complex heavy-lift project in Africa, this time at the Port of Mombasa in Kenya. ISS was appointed as port and discharging agents for the COSCO-owned MV DADE, which arrived at the port in September 2014 with seven RTG cranes on-board. The cranes which were commissioned by […]
THE cost of freight via the sea rose by 45 per cent last year due to few vessels plying on the East African coast routes, a logistics industry report shows. The East African logistics performance survey 2014 findings indicate the average cost for exporting and importing a standard 20 feet container from North America, South […]
A section of Kenya’s clearing and forwarding fraternity has warned of massive job losses and lower tax collection if the single customs territory is fully implemented in East Africa. While the East African Community is moving fast towards full integration, issues have arisen on how some of the protocols are being implemented, including the single […]
CUSTOMS agents will have to acquire a professional certificates to be allowed to operate in Tanzania from next January. The Vice-President of Federation of East African Freight Forwarders Association (FEAFFA), Stephen Ngatunga and Executive Director, John Mathenge told reporters in Dar es Salaam on Wednesday that it would be mandatory for all custom agents to […]
TradeMark Africa (TMA) an international organisation with its headquarters in Kenya has announced the appointment of its new Board members. Renowned Tanzania Businessman, Ali Mufuruki of Tanzania joins as Board Chair, Ms Merian Sebunya from Uganda and Mr Patrick Obath from Kenya join as board members. Making the announcement TradeMark Africa (TMA) CEO Frank Matsaert […]
More emphasis needs to be placed on trade partnerships among African countries to drive seamless intra-Africa trade, an economic survey has shown. While international trade agreements such as African Growth and Opportunity Act (AGOA) and the recently announced Economic Partnership Agreement between the European Union and Southern Africa are positive for the continent and should […]
East Africa has lowered the bar for traders to access the regional market duty-free, by allowing the cost of delivery to be included in determining how much value has been added in a member state. Under the revised Rules of Origin adopted by East African Community ministers, finished products are required to have at least […]
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