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Kenya Ports Authority (KPA) has so far spent $27 million (Sh2.35b) to install security system at the port of Mombasa. KPA chairman, Mr Danson Mungatana said recent changes in International Maritime standards have created the need to assess and improve the status of security in the Kenyan ports. He said it is imperative that the […]
Kenya’s National Single Window System, now known as Kenya TradeNet, was officially launched in Nairobi by Rwanda President Paul Kagame at a ceremony witnessed by leaders from six African nations in Nairobi. The system is an electronic platform that enables Kenya to clear import cargo — which is mostly destined for the neighbouring land-locked economies […]
Regional business leaders and officials from trade facilitation institutions will meet tomorrow to discuss mechanisms on how to solve challenges facing business, especially cross-border trade in the East Africa region. The meeting, that takes place in Arusha, Tanzania, also seeks to create a direct link between traders and officials from regional tax bodies, bureaus of […]
Hopes of building a modern railway line in East Africa rose yesterday after Kenya and China signed a financial agreement committing the two countries to the Sh327 billion mega project. President Uhuru Kenyatta and Chinese Premier Li Keqiang led regional heads of states including presidents Yoweri Museveni (Uganda), Paul Kagame (Rwanda) and Salva Kiir (South […]
Over the past few years, regional governments have stepped up efforts to improve the business environment and promote cross-border trade. This has involved building of new infrastructure and enacting new business supportive policies. These initiatives were largely responding to traders’ outcry over numerous barriers, like poor roads, delays at border posts and multiplicity of tax […]
A new report commissioned by the African Development Bank (AfDB) has dug up some pay dirt on the constraints hampering exploitation of sub-Saharan Africa agriculture to its full potential. Published last week, the report titled ‘Inclusive Growth: An Imperative for African Agriculture’, states that Africa has the potential to attract $880 billion dollars investment in […]
Source: Shanghai Daily World Trade Organization (WTO) on Tuesday pledged to support efforts by the East Africa Community (EAC) to accelerate integration process. Speaking in Nairobi during a meeting with Kenyan President Uhuru Kenyatta, WTO Director General Robert Azevedo said Kenyatta, also the EAC chairman, has effectively used trade to unite people and advocate peace […]
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