Search Results for: integration

July 24, 2014

GOVERNMENT TO BENEFIT FROM U.S.$3.8 BILLION REGIONAL RAIL NETWORK

South Sudan is among several East African countries earmarked to benefit from the $3.8 billion railway line network that will mainly be funded by China with a 10% contribution from Kenya. The deal, which was finalised in Kenya, reportedly seeks a rail link between its port of Mombasa and the capital, Nairobi, with the inaugural […]

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July 24, 2014

UHURU TOUTS INTRA-AFRICA TRADE

President Uhuru Kenyatta has called on African leaders to work together in removing obstacles that hinder movement across the continent. He was attending the World Economic Forum on Africa hosted by Nigeria under very tight security in Abuja. The President, who was accompanied by First Lady Margaret Kenyatta, said free movement of people, goods and […]

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July 24, 2014

RWANDA SPEEDY ON EAC TARGETS

On June, 25th 2013, Heads of State of Rwanda, Kenya and Uganda held a tri-lateral meeting in Entebbe Uganda. The outcome was agreements on several different issues dealing with regional infrastructure development, energy, trade facilitation and the East African Political Federation. During this meeting the three Partner States were allocated different jobs to speed up […]

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July 24, 2014

LI KEQIANG WRAPS UP ‘FRUITFUL’ KENYA VISIT WITH RAILWAY DEAL

Chinese premier Li Keqiang wrapped up his visit to Kenya on Sunday, saying the three-day trip yielded “fruitful” results. At a meeting with Kenyan deputy president William Ruto, Li said he had reached broad consensus with Kenyan leaders and witnessed the signing of a series of cooperative documents. China and Kenya are both at a […]

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July 24, 2014

SETTING IN TRAIN AFRICA’S RAILWAYS

China and Kenya signed a co-financing deal on Sunday to build a railway linking Nairobi to Mombasa, a critical infrastructure project to boost regional trade and deepen integration in East Africa. Chinese Premier Li Keqiang said interconnection in East Africa and in Africa at large will fundamentally boost economic development of African countries. Several Chinese […]

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July 24, 2014

FOREIGNERS LIVING IN EAST AFRICA LAND SPECIAL VISA DEAL

Foreigners living in Kenya, Rwanda and Uganda will from next month get a six-month East African tourist visa under a preferential deal agreed on last week as the states sought to fully implement the issuance of a joint visa for the region. According to a report on last week’s Northern Corridor Integration Project Summit held […]

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July 24, 2014

NEW CLEARING SYSTEM SAVES UGANDA AND RWANDA $469M

Uganda and Rwanda have saved up to $469 million in the cost of clearing goods since the East African Single Customs Territory (SCT) was rolled out at the port of Mombasa in January. An EAC ministers’ report from last week’s 5th Northern Corridor Integration Projects Meeting held in Nairobi shows that the clearance time for […]

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July 24, 2014

UHURU ROOTS FOR INTEGRATION

President Uhuru Kenyatta has called on African leaders to work together in removing obstacles that hinder movement across the continent. The President said free movement of people, goods and services would increase intra-Africa trade and help the continent achieve its development targets. “Lack of political will and negative perception should not be allowed to undermine […]

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July 24, 2014

EAC COUNTRIES PROPOSE TAXES ON AIR TICKETS

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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July 24, 2014

HOW NEW INITIATIVES WILL IMPROVE TRADE IN RWANDA AND EAC BLOC

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 […]

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