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Devothe Mukaruranga, is an importer of textiles based at the ‘Quartier Commerciale’ shopping area in the city. The trader, who imports her merchandise from China, Uganda and Kenya, complains that the high roaming charges in the region ‘eats’ into her profits. “It limits me when I want to communicate with the shop attendant whenever I […]
East Africans may soon enjoy a smooth trade flow if the Single Customs Territory (SCT) is fully rolled out. Under the arrangement, the EAC member states will adopt a destination model of goods clearance, where assessment and collection of revenue is to be done at the first point of entry. This has already started in […]
Partner States of the East African Community will jointly collect customs taxes starting July following a successful test-run on a selected range of commodities. Kenya, Uganda and Rwanda have been experimenting on the system, known as the Single Customs Territory (SCT), since April 1. Under the system, importers in the countries are required to lodge […]
Less than two months to a self-imposed deadline for full implementation of the Single Customs Territory, only three out of the five East African Community countries have embraced the system. The presidents of member states in November last year agreed on a July 1, 2014, date but only Kenya, Uganda and Rwanda have begun the […]
The East African Business Council, the umbrella body of the region’s private sector, has asked governments in the five-member East African Community (EAC) to expedite implementations of the new WTO trade facilitation agreement. Council chairperson, Felix Mosha, made the appeal on Tuesday during a breakfast meeting with trade facilitation institutions and the business community in […]
The Chinese are not Santa Claus. The deals we have signed with them are loans, which we will have to repay. But I must admit I admire the way these deals are arranged, especially the time-frames and project completion dates. As it is, if things go according to plan, we will have a completely new […]
Some progress has been made in talks on Economic Partnership Agreement (Epa) between the East African Community and the European Union. Richard Owora, the head of corporate communication and public affairs at EAC Secretariat, told The New Times that negotiations on the Rules of Origin Protocol, including the product specific rules, successfully ended on March […]
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 […]
The Economic Partnership Agreement (EPAs) negotiations between the European Union (EU) and the East African Community (EAC) member States should not be based on the economic imbalance between the two parties but on the quality of trade that exists, Kenya’s flower industry has pleaded. The Kenya Flower Council CEO Jane Ngige on Thursday challenged the […]
The Council of Ministers under the East African Community (EAC) have proposed an imposition of a levy on air tickets purchased in the five member countries as part of a raft of measures tailored to raising revenue necessary to scale down the community’s donor dependency for its budget. In the current financial year, the secretariat […]
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